<p>Chicago had its house system 20 years before Yale had residential colleges, by the way. Chicago also had faux-gothic buildings 20 years before Yale. I think it’s safe to say, though, that Yale did a somewhat better job than Chicago of Gothic Residential College 2.0 (and 3.0, and 4.0).</p>
<p>There are two big differences between Chicago and Yale in this respect. Three, actually. First, Yale has dorm space for 90% of its students; Chicago doesn’t. You can’t live on campus if there’s no bed for you. Chicago has a long-term goal of increasing the number of on-campus spaces, but for the past couple of decades it has essentially been going sideways, replacing decrepit old dorms with shiny new ones, but not generating more than a couple hundred additional beds/closets. Second, Yale’s investment in its residential colleges is staggering. They are far more elaborate than any Chicago dorm. Each has courtyard(s), its own dining room, recreation facilities, theaters, practice rooms, etc. What’s more, there is a variety of housing. Seniors live in much nicer, more luxurious digs than sophomores. There’s something to look forward to. With South Campus, Chicago tried to build that feature in, somewhat. But Chicago spent about $150 million to build a dorm with space for 800 students. Yale’s budget for two new residential colleges, housing a total of 1,000 students, is more than four times that. And that’s just to ensure that the new colleges are up to the standard of the old ones, while Chicago’s new dorm was designed to surpass the rest of its undergraduate housing. Yale also spent well over $1B over the past decade renovating the existing colleges.</p>
<p>In other words, the difference in value between Yale’s undergraduate housing (approximately $4.5B) and Chicago’s (charitably $500M) is probably a figure equal to more than half of the entire University of Chicago endowment (which is a top-ten endowment, not small in any meaningful way). This isn’t a knock on the University of Chicago, by the way. One can legitimately question whether Yale should spend what it spends on dorm rooms, and whether all that cost really improves the student experience proportionately.</p>
<p>The third difference is more or less the obverse of the first. Chicago has a lot of relatively cheap, relatively high-quality, student-appropriate rental housing in the immediate campus area, much more than Yale has. Chicago students living off-campus are not commuters. They are living with other students in student (or student-faculty-staff) ghettos blocks from campus, often closer than some of the official dorms. Some buildings come to resemble theme houses. For years, the Ultimate Frisbee team members dominated a building they dubbed “Pepperland”; my son spent one-year in an 8-unit building, literally across the street from a dorm, in which every unit had multiple people involved in the University Theater. A private bedroom in a shared apartment with a living room, dining are, and kitchen, and a lot of space, can cost much less than a bed in a 200-sq.-ft. dorm double.</p>
<p>The presence of these thousands of undergraduates off-campus in Hyde Park, renting apartments, shopping in stores, walking the streets, means that landlords continue to invest in maintaining their properties, business owners open stores catering to the students, and University police patrol the whole neighborhood. All of that is good for the University, not bad. </p>
<p>It will be a delicate thing for the University to increase the number of students living on campus without degrading the quality of the surrounding neighborhood in Hyde Park. It’s clear the Zimmer administration has decided it needs to do that to go toe-to-toe with HYPS in the Admission Wars (and toe-to-toe with HYPS is where they plan to be). In an alternate universe (call it “Penn” perhaps), a similarly rational university administration might have decided that building and maintaining weird apartment buildings for students was a poor use of university capital, and that if private developers were willing to pick up the slack using their own capital, that was a good way to maximize investment in the overall quality of a university education.</p>