User blog comment:BenRG/Beacon Dorms - A Fanfic/Fanart Resource/@comment-15108745-20130908224624/@comment-5941731-20130909022830

I'd think it highly like that Beacon would have fairly (by our world standards) lavish "Basic" dorms. I mean, the signs of money are all around: a large fleet of airships, a large campus, huge, ornate buildings with fairly modern equipment and lots and lots of nice landscaping.

tl;dr I think Beacon's got enough money to give students nice rooms.