For thousands of collegians, the life of the starving student has been traded in for the lap of luxury. Many of now living in sprawling new homes which were abandoned by foreclosures in one of the hardest-hit cities in the U.S.
These so-called “McMansions” are complete with spiral staircases, sparkling chandeliers and even Jacuzzis.
Third-year student Stephen Chang and five other engineering buddies live in a 3,300-square-foot house that has five bedrooms, four full bathrooms, a gas fireplace and a two-car garage. In the kitchen, there are granite countertops, a walk-in pantry and a stainless-steel sink and dishwasher. The dining room now serves as the ping pong room and a place to store bikes. Chang even has his own bathroom.
They pay about $300 a piece a month — about half as much as they paid to live in the school’s dorms.
So many students have moved to these giant suburban homes that the university has shuttle buses to transport them to and from classes. Chang and Laird said that several other college students lived on their street and that the neighborhood was mostly made up of students.