When I was in school (74-78) the campus opened a secure bike parking facility that always had a guard who would check in your bike and give you a tag to reclaim it with later in the day. That was for daytime bike parking on campus. This was Cambridge, MA so bike theft was a serious problem. Not sure how the dorms worked, since I never lived in one. I lived in a 30-person co-ed fraternity with lots of bike nuts, so bikes were kept inside the house and the "Pit Bike Shop" was open on request.
Oil is good, grease is better.
2007 Peter Mooney w/S&S couplers/Terry Butterfly
1993 Bridgestone MB-3/Avocet O2 Air 40W
1980 Columbus Frame with 1970 Campy parts
1954 Raleigh 3-speed/Brooks B72