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But what a bed
Posted By Malcolm A. Kline On April 14, 2011 @ 12:55 pm In Current Wisdom | No Comments
Princeton “spent $136 million on a new 500-bed dorm, or $277,000 per bed, which is more than $70,000 more than the current median home price.”—Andrew Gillen, A Tuition Bubble: Lessons from the Housing Bubble (Center for College Affordability and Productivity [1])
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[1] Center for College Affordability and Productivity: http://centerforcollegeaffordability.org/
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