Oooh, the folding bike is a great idea!! I'll have to remember that when SKnot starts college.
I went to the University of Washington and had bikes the whole time. We could keep them in our rooms at first, then later we had to keep bikes in a "Bike Room" on each dorm floor. (what had been a study room)
When I lived off campus I kept my bikes in my house or apartment. When I locked up on campus during class I never took anything off the bike. Never even locked up the front wheel. Nothing got stolen. I guess I was lucky. Or my bike was crap...
"If Americans want to live the American Dream, they should go to Denmark." - Richard Wilkinson