Those of you who don't plan on living on the streets have a choice to make -- live in a dormitory, an apartment or, if your nearby, at home.
It seems that each of these options has its pitfalls.
Senior Demarco Fowler originally lived in an apartment. However, he moved back in with his family when his grandmother died and his grandfather got sick.
"When you stay at home with your folks, you don't have that sense of freedom as when you're by yourself," Fowler said.
Fowler said he considered moving into a dorm, but he did not like the accommodations. He also did not like the idea of four students with access to only one bathroom, as is done at Richardson Towers.
Disappointment with dorm conditions is not limited to The University of Memphis. Greg Lutz, a sophomore here at The U of M for the summer, said that at Purdue he was scrunched into a single bedroom with three other people.
Lutz is moving to an apartment with four others in the fall. Nevertheless, at least, "I'll have my own bedroom," he said.
His roommates also did not get along. Neither of them, he said, was "used to conforming to what other people wanted."
"I just don't like living with other people," said Ken Nelson, a sophomore living in Carpenter Complex. He intends to move to an apartment this fall.
On The U of M campus, you can change roommates.
Nelson also said he didn't like paying for parking. Students who live in dorms must pay a $25 fee to park in certain lots near their dorms.
But you don't have to search for a parking space in the morning, like those who live off-campus, noted Matthew Ferguson, a sophomore education major.
Students who live on campus also have the option to park in general lots.
And dorm life is a better deal said Danielle Barnard, a junior biology major.
She said they both seem about the same, but utilities, Internet, cable and phone bill all included in a University of Memphis dorm bill. Laundry machines are also free to dorm residents.
Barnhard said repairs were made much more quickly than at any of the apartments she stayed at.
But Jamie Vickers claimed it was taking too long for his sink to be fixed in Carpenter. And he complained that he still didn't have Internet service after the recent storm.
Terrence Miller, a resident assistant at Richardson for three years, said most of the complaints involved things like running toilets or broken light bulbs.
But he says maintenance was "pretty good" about fixing them in a timely manner.
By finding a roommate, Monica Jackson, a 29- year old student, said she will cut her bill in half if she moves into an apartment in the fall.
She is considering doing so, she said, because the bus schedule she takes from her parents' home forces her to leave at 7:40 a.m. or face a two hour bus ride. She said her first class this summer wasn't until 10:30 a.m.
Demarcus Landfair said convenience appeals to him as a factor in planning to return to live on campus this fall. But he said money troubles have recently kept him living with his parents.
Like these students, you freshman and newcomers will have to decide.