Mines Park Price Increase
In case anyone has not heard, Mines Park is planning on increasing rent prices next year. The new prices are as follows
For a double apartment, which is the most common, this is an increase of $164/person/month. (All prices below will be for doubles) While the new rent prices now include electricity, this is a cost of about $35/person/month and in no way justifies the major price increase. For a 10 month first year lease, that is $496 than the new res hall prices for 2 semesters, and for a year long lease it is $2134 more than the res hall prices for 2 semesters. This is charging students more money for less amenities and support. The justification is to make the prices closer to that of market prices, but with a quick search you can see that the prices before the increase were much closer and the current prices are greatly above market. The changes are not finalized, but are set and only require a final vote. We as a community should do everything we can to stop this from happening.
Sophia Becker commented
Update: Residence life has agreed to provide rent credits to renewing Mines Park residents for June 2018 and January 2019, resulting in only a 2-3% increase in rents (as compared to 2017-2018 rates). This provides Mines Park residents a chance to look for other options over the next year, while the rent is still affordable. This issue can probably be marked as resolved!
EDIT: The Trustees meeting has been moved to Ballroom A.
Hey yall, just as an fyi, the Board of Trustees is talking about this on 2/9 at 9AM in the Coors Conference Room in Guggenheim. I'd highly recommend going if you are available.
Harry Styles commented
We should not have to sign a lease before we know what the price is going to be. I think it is really unfair to make us renew our leases in February but they aren't voting on the price till May. They should vote to raise next year's (2019) rent since the lease signing date will have passed for the 2018 lease.
Maxwell Porter commented
We shouldn't see our rent increase because of streaming services. I do not use the streaming services as I do not prefer the ones available to us. I don't want to be paying for something that I do not use.
@David the streaming service Philo is not available to all students. I live off campus and can not access the site even through campus WiFi or vpn. So I would say the argument is valid that streaming services is another service that they have lumped into overall rent.
Gauen Rhys Alexander commented
The data linked below do not support the assertion that Mines Park is currently well below market rate.
Part of the argument to increase the rent is that we are provided streaming services. It is my understanding that these services are provided to all students and are part of tuition. Will these services be limited to students living in mines park and the residence halls to justify this increase, or will the increase in rent cover the entire student body.
This is ridiculous. They are price gouging the students here that don't have access to personal vehicles. $800/month per person can get you a VERY nice apartment in Lakewood. This school is ridiculous. I'm graduating and this is pissing me off. ALSO: THEY ARE MAKING STUDENTS SIGN THE LEASE BEFORE THEY VOTE ON THIS. This means if a student signs a lease for fall, their rent will go up significantly their second semester living here.