Same at my uni. The networks inside each student housing complex were fast, but each complex was only connected to the school through 100 MBit lines, so everyone would add the name of their complex to their username, and you'd avoid downloading from outside your local network unless strictly necessary.

Eventually the school stopped providing internet to the student housing and we got put on the municipal power company open commercial fiber network and got to choose from an array of commercial ISPs; got massive speed upgrades but it removed the community.