Living large -- the housing crisis is a gift for students

Thanks to the housing crisis, many students are able take advantage of living in condos, apartments and rented homes instead of dorms. It's a great way to save some cash, live with friends, and enjoy locations students otherwise couldn't afford. The housing crisis has changed the way that students view campus living.

Kiandra Trealoff saves money by renting a condo off of Loyola University Chicago's campus. Trealoff currently splits a $1,250 monthly payment with a roommate on the North side of Chicago, which ends up costing less than when she lived on Loyola's downtown campus over a year ago.