This is pretty much a "high rent" school; you'd be amazed what the kiddies leave behind. I have a Raliegh 500 roadster in my shed I collected from one of the frats. It was sitting upside down behind the house with the front wheel missing. There were a couple of lads still there (moving out) and I asked about it; they said "that guy graduated two years ago, you can have it if you want".
Thing has double-butted 7005 tubing, straight RSX components (triple), Mavic semi-aero rim on the back....All functional and only in need of a bit of cleaning and TLC. These evidently retailed for 7-8 bills.
I'll put a wheel and two new tires on it and sell it for 300 or so, I reckon.