Luxury Student Housing: A Financial Trap For Students

As student housing demand continues to rise a sub-set of student housing style has recently emerged full force.  More and more, students are looking into luxury apartments.  To many, this can be detrimental to budgeting needs but, the demand is there regardless.

First, it is important to define what is considered "luxury student housing" which is best illustrated by the following bullet points:

• High priced
  
• More space
• Granite/marble counter-tops
• Swimming pools or saunas, etc.
  

Is Luxury Campus Housing Growth Industry?

The short answer is "No."

Student debt is the biggest financial burden on millenials' shoulders today and, if any good has come from it, it's in the form of education.  

Education about the importance of budgeting.  Although today's student definitely has a higher chance for acquiring a taste for luxury living over their parents and certainly their grandparents, recent news stories about the horrors of student debt and tons of accounts of personal experience are a testament to this.

Looking for affordable, clean student housing?

The RSSH offers quality student housing that won't wreck a student's budget.

For a full list of available student housing click here.