Student Accommodation

Student lived in a van for 2 years to graduate debt-free

The cost of rent is usually the biggest expenditure for a student. We interviewed a man who decided to live in a van as part of his mission to graduate without any debt.

ken ilgunas van dwelling

University is an expensive experience. As well as rising tuition fees, you have to contend with maintenance loans that fall well short of the amount required to cover living costs.

Rent is by far the biggest expense for a student, and while our tips for saving on rent will go a long way to reducing your monthly outgoings, there are some more extreme ways of saving money on accommodation.

After graduating from the University of Buffalo with what he deems a "monetarily useless liberal arts degree", Ken Ilgunas moved to the aptly named Coldfoot in Alaska to set about paying off his $32,000 student debt.

Two and a half years, plenty of poorly-paid odd jobs and several thousand miles of hitchhiking later, he had remarkably managed to repay his entire student debt. But that's not where Ken's money saving mission ends – it's where it begins.

Once we'd heard of Ken's story, we simply had to get in touch to find out more – so that's exactly what we did!

Student debt in America is very different to the system we have over here. The UK student finance system – despite its many imperfections – is actually relatively affordable, and making early student loan repayments is typically not recommended.

How to get a postgraduate degree without debt

While working to pay off his undergraduate loan, Ken says he realised two things: that he wanted to get a postgraduate degree, and that he never wanted to be in debt again. So when his application to Duke University, North Carolina, was accepted, Ken had to get creative with his finances.

From his two and a half years of work, he had about $4,000 left over. After racking his brains for a way to make it through his next two-year degree debt-free, Ken had a brainwave: why not live in a van?

Ken went straight to Craigslist (similar to Gumtree, in case you've never heard of it!), and with a budget of $2,000 and just two requirements (the van had to be in reasonably good nick, and have never been smoked in), he soon found his van.

For the modest sum of $1,500 (about £1,070 at the time of writing), Ken was now the proud owner of a 1994 Ford Econoline (nope, we'd never heard of it either).

ken ilgunas van student debt

With his accommodation sorted, Ken now had to tackle the issue of paying for his postgraduate tuition fees and living costs. As he was dead against taking on any debt, a student loan was out of the question.

The total cost of tuition for his two year Master's degree was originally $30,000, but thanks to financial aid (grants, bursaries and scholarships), Ken managed to get it down to $11,000. That was two-thirds of the job done, straight off the bat!

But his living costs and the remaining tuition fees still needed paying, so Ken decided to take up a series of different jobs to keep his bank balance in the black.

I funded my living costs in a few ways: occasional medical experiments, a part-time job tutoring elementary school students and a summer job working for National Park Service in Alaska.

ken ilgunas in MRI machine

All of these are viable (not to mention interesting!) options for students in the UK, too. We have guides on making money from clinical trials (as well as what it's like to take part in a drug trial), becoming a tutor and a part-time job search.

How much does it cost to live in a van?

When explaining the costs of 'vandwelling', as he puts it, Ken is keen to stress that, unlike paying for rented accommodation, all the money spent on a van doesn't just disappear... unless it breaks, that is.

Keep in mind that a vehicle maintains some value, so you can expect a lot of that money back if you sell it.

However, while I only lived in the van for two years, it did end up crapping out on me on a drive across Iowa, only getting me $300 for scrap metal.

According to Ken, staying in uni halls or private accommodation would have cost, at the very least, $500 a month. To put it another way, he got two years of accommodation for the price of three months (or less, if you include the money he made from selling the van on)!

laundry bin in house van

But when you're staying in halls, you're not just paying for the roof over your head.

What about mail, showers, or obtaining cooking water? These, again, are all cheap or free.

True to form, Ken managed to source pretty much everything he'd need for a 'normal' existence for a fraction of the 'normal' price.

Using a couple of sizeable containers, Ken used the campus' fountains to save money on water.

get free water from university

To keep clean, he bought a campus gym membership for just $68 a year, giving him access to toilets, showers, and of course, gym equipment.

As for meals, Ken only needed to spend $30 to get his hands on a year's worth of iso-butane cooking fuel. This meant that he could prepare all of his own meals from scratch, rather than having to rely on takeaways or eating out at restaurants.

Cooking your own food will save you tons of money, too.

The average college meal plan can cost as much as $10,000 (£7,111) for an academic year. I ate for $4.34 (£3.09) a day, or $1,100 (£782) for an academic year.

In fact, even once he'd accounted for his car insurance ($46, or £32, a month), mobile phone contract ($37, or £26, a month) and parking permit ($182, or £130, a year), Ken still reckons that conventional accommodation would have cost several thousands of dollars more – as this table demonstrates:

Accommodation typeRent per monthFood per monthCar costs per monthOther costs per monthTotal per month
Halls£415£343£0£46£804 (£9,648 a year)
Student house£392£98£0£46£536 (£6,432 a year)
Van£0£98£142£46£286 (£3,432 a year)

NOTE: All figures are minimum estimates, and were provided by Ken Ilgunas before we converted them into GBP. Conversions were accurate at the time of writing.

What's it like to live in a van?

what is it like living in a van

It's all well and good as a money saving exercise, but what use is living in a van if the cost to your well-being and personal life outweighs the financial gains?

When we asked Ken what the biggest thing he missed about 'normal' living was, his answer caught us by surprise.

I must say I missed very little.

I had an unbelievable university library that gave me access to an amazing selection of books and movies. The campus gym had hot showers, a basketball court and even a sauna.

I ate fresh food everyday to and from my walk to the grocery store.

That said, Ken readily admits that vandwelling isn't without some compromises.

It was lonely, but I don’t want to blame that entirely on the van. I’m a bit of a loner, and moving to a new place, regardless of your style of home, often comes with a period of social isolation.

eating in the van

What's more, as anyone who's ever got into a car will know, when the weather is cold, the car is cold, and when the weather is hot, the car is hot.

Duke University is situated in North Carolina, which for context is about as far south as the northern tip of Africa. Temperatures regularly exceed 30°C in the height of summer, and as Ken explains, he resorted to moving north for a few months to make life bearable.

I worked in Alaska during the summer months, so I didn’t have to live in the van in North Carolina – it would have been just too hot.

The months of May and September were bad enough. I basically couldn’t go into the van during the day or I would have experienced heat stroke.

living in a van in the winter

Despite the baking summers, North Carolina is also no stranger to some biting winter weather. Fortunately for Ken, he was prepared for that too.

It got down to about -12°C during the winter, but I had a really good sleeping bag. I never had an uncomfortable night.

Top tips for living in a van

interior of van home

Having endured two years of vandwelling, Ken is better placed than most to give some pointers to anyone considering making the leap themselves.

His main tip, as you might expect, is to check that you're actually allowed to live in a van on campus before stumping up the money to buy one!

Check out your university’s parking policy online. Find out whether or not vandwelling is illegal, or at least whether it’s okay to park your vehicle there overnight.

If that doesn't work out, you can park on other roads, in supermarket car parks, or you might even find someone online who'll let you rent a space.

We're not aware of the hard facts on this one, but as the US is a lot bigger than the UK, we're imagining that campus parking spaces are at more of a premium over here. As such, any British student looking to live in a van might have to look beyond university for somewhere to pitch up.

Once you've established whether or not vandwelling is a realistic option, Ken says that the rest is pretty much up to you!

Bring some basic camping equipment along: a sleeping bag, headlamp, thermal underwear, cooking supplies, and so on.

Other than that, I suppose the most important thing is to be flexible and creative.

eating food living in a van

Of course, it takes a special kind of person to have the commitment and drive (no pun intended) to live in a van, and for Ken, the financial gains ended up being a by-product of what he really got out of the experience.

The van was much more than a cost-saving decision. It was an experiment. It was an adventure.

I wanted to spend a portion of my life living deliberately. I wanted to push myself to the limits to learn something about myself, my culture, humanity… I hoped I might learn something that would guide me to live a good life. Saving money was just the cherry on top.

The money saver's money saving advice

ken ilgunas vandwelling

Living in a van for two years definitely puts Ken up there as one of the most dedicated money savers we've ever come across.

For that reason, our final question to him simply had to be: "Other than vandwelling, what is your number one money saving tip?"

Given that Ken was so dependent on a van for so long, his answer certainly wasn't what we were expecting.

Unless you’re living in it, get rid of your vehicle.

Wait, what?

I paid off a $32,000 student debt in two and a half years (working mostly low wage jobs) largely because I didn’t have a vehicle.

Without having to pay for fuel, insurance, or maintenance, I was able to direct almost all of my earnings to my debt.

Sure, a vehicle is necessary to function in a lot of places, but there are places where you don’t need one, and you’d be surprised at how resourceful you can be when you cut yourself off from something you thought you depended on.

It's worth remembering that Ken is speaking from his experience as a student in America, and we'd argue that in the UK, there are very few (if any!) universities where it's necessary to have a car. Most universities are based in, or close to, major towns and cities, and usually have decent transport links too.

That said, if you absolutely must have a car at uni, make sure you check out our guide to cutting the cost of driving.

If you're keen to find out more about Ken's fascinating story of vandwelling, grab a copy of his brilliant book Walden on Wheels, and check out his interview on The Tonight Show with Jay Leno:

Vans not your thing? How about boats and tents?

student lives in tent to save on rent

Source: Reddit

Ken is by no means the first example we've come across of somebody taking an unorthodox approach to saving money on rent at uni.

A couple of years ago we covered the story of Joe Pearce, a student who bought a boat to save on rent. 'The Golden Cloud' cost him just £800, plus an extra £1 a day to keep it in the harbour.

If your uni isn't near a body of water, this may not be the most useful tip for you. But if it is a viable option, bear in mind that living on a boat saved Joe around £5,600!

And then there's Evan, a Canadian student studying at the University of Manchester, who made the headline-friendly decision to live in a tent to save on rent.

In exchange for doing some cooking and washing up, Evan bagged himself a spot in someone's back garden where he pitched (and lived in) a tent for an entire year.

So, clearly there are plenty of ways to cut the cost of living at uni – it's just a case of putting your mind to it!

Have you got a similar story? Whether it's about yourself or a friend, we'd love to hear from you!

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