UCD adjusted rates & allocation for on-campus accommodation during summer exams last year. Priority was given to new entrants to UCD (first years & internationals) and prices were increased dramatically for the second consecutive year. University Management made this decision unilaterally and then chose a disastrous time to communicate it.
UCD President Andrew Deeks wrote to us defending these changes to the university accommodation system. We published this email on our Facebook page because he owed that explanation publicly and to entire student community.
We met with President Deeks & UCD Governing Authority over May & June. The university argued for price increases to fund building more student res units, we agreed more units have to be built but disagree on their financial model— funding for more units should not be sourced exclusively from price increases.
UCD have not fully disclosed their current financial model so it’s been quite difficult to come up with a replacement which would source funding alternately. However, continuing the current financial model is simply not sustainable. If prices are increased by the same rate for 2016/17, rates will have been hiked by over 44% during a 3 year period in the middle of a housing crisis. University management are committed to building more units and to increasing prices next year. We also want to see more student residences built but it is simply not sustainable to maintain price increases at their current rate.