I live at home. I rather invest the money I am saving into a real property then come out spending a lot of money and have nothing to show for it, especially my colleges dorms which are crap and they have many triples in double rooms.
I am doing fine at college. Sure it takes a little more effort to fit in, but I spend a lot of time on campus so its non-issue. I am lucky to live only 15 min away.
I hang out alot at the Student Union, my Major's Computer Lab, and the recreation center. I am not into what most kids call "partying nowadays."
My kind of parties are with the purpose of:
Chatting
Socializing and meeting new people
Food
Dancing
Playing games
These parties are few and far between nowadays.
Most parties have one sole purpose:
Getting more wasted then the party before.
Living off campus, in my exp. has not sheltered me from college life style. I am well aware of it and choose not to go in that direction and in the end I have saved a lot more money, will graduate debt free (hopfully graduate debt free with my masters as well), will have stayed true to my values, still made great friends, and will have a great down payment for a house.
Just my 2 cents.
EDIT: Also, I know quite a few people who can't handle it and are moving back home after the first semester.
It also makes me feel fuzzy inside for not being a huge burden on my parents.
Also, if I wanted to waste my time getting wasted, I wouldn't need college for that.
I also live at home. I'd rather not live on campus because of the whole "party" atmosphere as well. I don't get why people think that it is really cool to completely waste your money on college while all you do is get wasted and use lots of drugs. I'd even go so far as to say you'd get better grades living AWAY from that sort of environment off campus.