And so Ilgunas, 26, who is attending Duke University's graduate school, is determined to complete his program debt-free, which explains his campus accommodations: A 1994 Ford Econoline van.
Purchased last spring for $1,500, the van is comfortable enough, Ilgunas says. He parks near college housing to avoid unwanted attention, uses a sleeping bag in back, cooks on camping equipment and showers in the university gym.
In a recent column for salon.com, Ilgunas described his van-home as a "grand social experiment," an adventure akin to Thor Heyerdahl's Kon-Tiki and Henry David Thoreau's Walden.
"I wanted to see if I could in an age of rampant consumerism and fiscal irresponsibility afford the unaffordable: an education."
According to The College Board, in 2007-08, 65% of graduating seniors had student loan debt, with a median of $20,000. Twenty-four percent owed $40,000 or more.
"I Live in a Van Down by Duke University" (salon.com, 12.06/09)
Ilgunas told the Charlotte Observer's Eric Ferreri that the nearest bathroom is a quarter-mile away, but that he has no problem enduring the night.
Although Ilgunas is concerned campus security might evict him or worse, force him into pricier student accommodations (where he'd be required to pony up for a rug "to tie the room together"), a Duke official told the Observer that, while the university doesn't encourage Ilgunas' "creative" housing choice, the van-dorm doesn't violate campus rules.