The Business Of Student Housing

Outside developers are rushing into the growing student housing market as colleges and universities look for ways to lower costs.

1 minute read

October 24, 2006, 10:00 AM PDT

By Christian Madera @http://www.twitter.com/cpmadera

"Developer interest is being piqued at a time when a large percentage of the 80 million 'echo boomers' - children born between 1982 and 1995 to baby boomers - are opting to attend college.

And they have different tastes than previous generations, who accepted the dorm's classic Spartan style.

Many 18-year-olds today have never shared a bedroom, barely shared a bathroom and are accustomed to high-quality cable TV and Internet access.

Moreover, the cost of building student housing has risen, leading more universities to look for partnerships with private developers."

Read the full story: Universities Partnering With Developers For Student Housing

Sunday, October 22, 2006 in The Hartford Courant

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