1. While the sticker price for off-campus apartments is often less than GW rates for upperclassmen housing, a lot of these places come UNFURNISHED, are a pain to get to (think: icy sidewalks and below freezing temperatures, Dec-Feb) don’t include daily metro fare, and utilities are not included.
In his post, Ian says:
Take, for instance, an Ivory Tower Quad, which costs each occupant $10,815. That's $43,260 per academic year, or $5407.5 A MONTH. For a two bedroom apartment. With crappy furniture and appliances. Surely a competitive rate for the area, right?Except, after following the link, I realized that the 2 bedroom apartment here costs $6450/month… that’s $260.75 more per person, per month (before utilities!) and a few long blocks from campus. Even with the complimentary continental breakfast (which I’ve had and think is fantastic) this isn’t really a good enough deal to be pissed off about GW housing costs.
It was hard to even locate apartments with rent over $5k a month, but a quick search found a couple. Does this [look] like your typical GW dorm?
But I’m not totally discounting all off campus apartments either. Some furnished, upscale places in the area do run $1,000+ less/month than their on-campus counterparts. Except, the nicer they are, the farther they tend to be from campus. If you’re already dishing out your life savings for tuition, the convenience of on-campus housing and increased access to campus resources might just be worth the extra $250/person a month.
2. Dorms in major cities are expensive. In fact, GW housing options tend to cost at least a couple thousand less than comparable dorms at NYU, UCLA, and BU:
--NYU: 2 bedroom, 4 person upperclassmen suite: $12,850
--UCLA: 2 bedroom, 4 person upperclassmen suite: $13,197*
*this number includes a small meal plan
--BU: 1 bedroom, 4 person upperclassmen suite: $12,360
Basically, it looks like a 2 br/bath in Ivory Tower for $10,815 is pretty good.