The College Board of Mississippi Valley State University (MVSU) reversed an earlier decision and decided to purchase modular housing units for students instead of leasing them because the school can sell them when they are no longer needed and recoup some of their expense, according to msbusiness.com. Higher Education Chancellor Hank Bounds says the university lost money last year renting rooms at Three Rivers Inn & Suites and the Rodeway Inn in Greenwood. Students objected to living off campus, MHProNews has learned, even though shuttles brought them to campus to eat at the university dining hall.
Chancellor Bounds says the modular housing units will help reverse declining enrollment. Costing around $900,000, the units will house 50 to 150 students, and although they will not be ready for occupancy until shortly after school stats this fall, MVSU intends to recoup $400,000 in housing fees over the next two years. ##
(Photo credit: Ferrum College Dormitory, Virginia–Mod U Kraf builders)