Well for people without rich parents, the cost dorms with a meal plan is pretty onerous, and much more expensive than renting an apartment a little farther away

Well for people without rich parents, the cost dorms with a meal plan is pretty onerous, and much more expensive than renting an apartment a little farther away. Adding 10-15% to that would limit it to the rich, the people who don't consider the cost, or the people who see the risk as worth it.