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Couldn't Be Better (But Expensive !)
Its the best neighborhood in Washington DC, as well as the most expensive. There's endless shopping and dining places to experience, but beware that its not cheap. The most affordable clothing stores are H&M/express/victoria's secret, and the next up is probably Urban Outfitters. It gets worse after that with places like Nine West, Coach, Ralph Lauren, and Betsy Johnson. Still, window shopping is fun and you can always find key items at these places for your wardrobe and often there are student discounts. The cheapest restaurant places are chipotle and qudoba (considered the "fast food" of georgetown) but theres also places like cvs. Overall, its a great place to live but unless you're rich (most students are annyways) you'll have to budget. Haven't been out into the city much but I imagine theres a lot more options.
Its worth living here because there is so much to do and see and youre in a great metropolitan area just a few minutes from the district.