So, thinking out loud here, is there a place for an academic hostel? A low-rent complex with dormitories... I'd say that cheap living, in exchange for lacking

So, thinking out loud here, is there a place for an academic hostel? A low-rent complex with dormitories... I'd say that cheap living, in exchange for lacking comforts (privacy, being able to cook your own meals, etc) is the sort of thing that only works when you're in your late teens/early 20's. Which is, unsurprisingly enough, when most people who go to college/university are attending. And to be honest, as someone in his early 20's, it gets pretty tiring after a while. I'm all for low rent and being around great people. But, I'd rather pay a bit more for those comforts and still be around previously mentioned (or other) great people.