12/29/2007

Abandoning Pricey Dorms for Cheap Co-op Housing

The soaring costs of higher education are reigniting interest in one of the easiest ways to work off a big chunk of college costs—doing chores in a housing cooperative. Little wonder, since the payoff can be spectacular.

University of California-Los Angeles students, for example, can knock more than $6,700 off that school’s $24,000 total cost of attendance by living in an off-campus co-op and doing about five hours of chores a week. At that price, those chores pay, in effect, more than $39 an hour…Full Article

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