<p>I can tell you from my experience that it is NOT cheaper to have your kid live off campus. First, there’s the expense of the T to get to campus. The housing itself is very expensive, even if you find a place for 750/mo, there are utilities on top of that. Food is expensive and kids tend to end up grabbing a bite on the run instead of cooking in. Take out is not cheaper either. Rentals also run for the full year, so the student would have to find someone to sublet for the summer, or continue paying rent and living in Boston. boston is a pretty pricey city, not as bad as NY or LA, but it’s expensive to live there. My experince is that living on campus and having the lowest meal plan was cheaper than what my son is paying now.</p>