In A Recession-Proof Industry And With College Enrollments Up In 2008, Education Realty Trust Is Well Positioned Providing On And Off Campus Housing For College Students

Education Realty Trust, Inc (EDR-NYSE)

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“We innovated a new style and it held up well until the mid-1990s or so when it sort of morphed into apartment style. College students have always desired to have their own apartments and be able to do their own thing with cooking and supervise their own issues. Therefore, college housing today is basically apartments, with private bedrooms, and to the extent possible with private baths. Done in a variety of configurations of two, three and four bedroom units. The predominant unit would be a four-bedroom, four-bath unit.” - Paul O. Bower (EDR) (Interview published September 19, 2008)

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Paul O. Bower, CEO (EDR) 

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