The recent trend on many U.S. college campuses is to encourage transportation methods that deter the “one student-one car” mind-set. Yet, more college students than ever before are regularly driving cars. Not only that, they’re also buying new cars at record rates.
According to a 2004 survey three out of four college students own a vehicle or have direct access to one and 39 percent of the cars purchased by college students come from new car dealership.
Each semester MU distributes parking tags to approximately 11,000 of its 28,000 students. With a future enrollment goal of 30,000 students and many lots already overcrowded, MU began construction of its seventh parking garage this summer. The $25 million garage is supposed to be completed by spring 2009 and will sit directly south of the University Hospital Parking Garage.
The 2004 findings dispel the vintage belief that college students are exempt from ever-climbing gas prices and other personal transit issues that effect the majority of Americans. Students may find themselves choosing between Ramen Noodles and rides this winter in particular. According to a USA Today report oil prices hit a record high Wednesday at $98 a barrel.