So pretty much >$2k and up to $5,427/mo for housing costs. And that's supposed to be somehow more affordable than the surrounding area? For a 2bdr apartment its >$500/mo more than my mortgage + insurance on a four bedroom home with a pool purchased recently. For the condos, that's a few grand a month more. Compared to $1,400/mo average rent immediately surrounding UTD. Rent can be found for <$850/mo in Richardson, only 42-70% of the cost. And that's without having a small commute and living in a cheaper part of DFW, as Richardson's real estate isn't exactly a cheap part of town.
That would have to be a pretty good-sized stipend to offset that cost. Also it speaks volumes that a professor making >$40k gross more needs to then also have a housing stipend to make the actual take home close to the person making >$40k less.
https://www.ucop.edu/loan-programs/loan-programs/frap/index....
It doesn't really say what percentage of professors get this assistance or how much that assistance is typical in the end.
Faculty housing rates at UCLA:
https://portal.housing.ucla.edu/faculty-housing/faculty-hous...
So pretty much >$2k and up to $5,427/mo for housing costs. And that's supposed to be somehow more affordable than the surrounding area? For a 2bdr apartment its >$500/mo more than my mortgage + insurance on a four bedroom home with a pool purchased recently. For the condos, that's a few grand a month more. Compared to $1,400/mo average rent immediately surrounding UTD. Rent can be found for <$850/mo in Richardson, only 42-70% of the cost. And that's without having a small commute and living in a cheaper part of DFW, as Richardson's real estate isn't exactly a cheap part of town.
That would have to be a pretty good-sized stipend to offset that cost. Also it speaks volumes that a professor making >$40k gross more needs to then also have a housing stipend to make the actual take home close to the person making >$40k less.