As an undergrad, it's advisable to live in student housing and eat on a meal plan that is either fully or mostly paid for via grants/scholarships, and most or all of the tuition should also be covered with grants/scholarships....even if they don't have grants/scholarships to cover housing, cheap student housing should run 700-1000/mo in most college towns.  ...when I was an undergrad, my monthly out of pocket expenses were probably around 500 (approx 800-1000/mo adjusted for inflation).Of course, some kids can't get scholarships/grants, in which case they may want to do something that puts them in a position where they COULD get scholarships/grants (for instance, gain field experience that makes them more attractive to scholarships, or find an employer that offers scholarships/grants), and/or they should look for cheaper colleges...or just not go to college at all--it's not for everyone, and plenty of people do better without college.But yeah--if being in college IS costing you $3k/month, you'd want to really closely evaluate that ROI...at the end of the day, it's like anything else: a cost / benefit ratio--if the costs are too high, and the benefit is too low, do something to change the ratio, or find a different plan...but definitely don't buy a Mercedes until you have Mercedes money. 

But I worked for a PM for several years in high school and while I was working on my undergrad degree.

Know the area that undergrads rent.  

Everything application-wise for the tenants and guarantors were submitted all today.Applicants 1:Two undergrad students who are actually supposed to be living on campus, but they couldn't room together.

My Background:* Undergrad in Finance and Masters in Global Investments* 6 Years with Department of Defense Finance* 5 Years with the Financial Deposit Insurance Corporation (FDIC)* Cert.

Hey yo an MBA over here and a undergrad in Real Estate.

It is pretty useless to run credit checks on undergrads, in particular if they have never rented. 

Hey everyone my names Jack and I thought id introduce myself to this group.I am currently living in Dallas as I just finished my undergrad this past may and started my career as a Financial Analyst for a large prop tech firm based in Richardson, TX.I am currently 22 and I've always found real estate investing a fascinating and lucrative business if done with proper strategy and execution with a solid team.

I live in Tucson, AZ for 8 years during undergrad and grad school.

She got her undergrad at University of Rochester, law degree at Syracuse, and is absolutely crippled and distraught over her remaining 140k in student loan debt.