As you prepare your financial plan, consider the costs of housing while you are a college student. There are many options with a series of pros and cons for each choice you make. Convenience, internet access, and an opportunity to get involved on campus are a benefit to living on campus. A playground for children, proximity to a job, or caring for loved ones may be good reasons to live off-campus. Be sure to consider all the real and hidden costs of on-campus and off-campus living and your individual lifestyle when you make your choice.