$13,000 a semester for a dorm room is just too much.

September 3, 2009 – 10:44 am – No Comment

At Boston University, you can get a great education in the heart of Bean Town. Now, you can also stay in luxury while you’re doing it. There is a new dorm building that boasts a 25th floor of rooms that are so luxurious, you will be sending your child away for only $13,000 a semester (that doesn’t include tuition).

The suites have city views of Boston, private baths, accommodating common areas, a 24 hour reading room, and a plasma tv in the media lounge. The rooms cost $5,000 more than the standard room and are only available to 14 students.

When the Boston Globe was able to catch up with one of the students that was “lucky enough” to get picked to live in the dorm, she said that she would be paying for the dorm with student loans and that all her friends were “too cheap” to live there. I don’t want to be mean or anything, but perhaps her friends were “too smart” to live there. I mean, this girl is paying $26,000 to live in a dorm that she will have to pay interest on for what? I can’t figure out what is so pressing that she has to spend the extra $10,000 to stay there.

When I lived in the dorm, there were private bathrooms in some of the rooms but they didn’t cost extra. There was a “media room” with a big screen tv and there were study rooms strewn throughout the building. All of that for only $3,000-$4,000 a semester.

She will end up paying for that room for the next 10 years thanks to her decision to live there this year. Many students won’t be paying for the dorm with savings, but with loans. That is certainly not the way you want to start your future right after college.

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