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You're required to live on campus your first two semesters. After that, a small percentage of Swatties do move off campus. Sometimes, it's for social reasons. For example, a lot of the hipsters/their friends live in this off-campus building called "The Barn". A lot of these people also moved because off-campus living is cheaper, and that's why people, in general, live off campus. Part of it is that you're not automatically on the meal plan anymore, but meal plan aside, I think it's also inherently cheaper living off campus as well.