It's worth noting that many students get supplemental loans, and some do use it to bolster their lifestyle. I have a friend that never worked, and got no help f

It's worth noting that many students get supplemental loans, and some do use it to bolster their lifestyle. I have a friend that never worked, and got no help from his parents. He did splurge for slightly nicer housing, but it was reasonable (~$400/mo vs $250-350). However there were other people that bought TVs with it. Never heard anything about luxury college housing, unless your parents were loaded.