NC State Economist Mike Walden – “Changes in Student Housing”

 

 

Mary:  I’m Mary Walden with economist MW welcoming you to the economic perspective.  Today’s program looks at changes in student housing.  Mike, when I attended college I lived in a dorm.  You lived in an old house that had been chopped up into apartments.  Is this the way today’s college students live?

 

Mike: Summary Answer

  1. Increasingly, no
  2. Live in multi-unit buildings with units specifically designed for students
  3. Bathroom for each room, tech connections, amenities
  4. Reflects the changing economics of higher education
  5. Students, on average, come from a more affluent lifestyle – so expect more
  6. University budgets and space tight – have moved away from building dorms
  7. And the college student population has exploded – so developers have seen a market for student living
  8. Housing college students is now big business

 

Mary:  And I’m Mary Walden for the North Carolina Cooperative Extension Service

 


A native of the Texas Panhandle, Rhonda was born and raised on a cotton farm where she saw cotton farming evolve from ditch irrigation to center pivot irrigation and harvest trailers to modules. After graduating from Texas Tech University, she got her start in radio with KGNC News Talk 710 in Amarillo, Texas.