In our town, the newest University of California is opening up this
fall.  It is UC Merced.  UC Merced will be akin to UC Berkeley, UCLA,
etc.  Our housing has gone up tremendously, as has other parts of
California, but the word is, since the new university is here to stay
and due to have 50,000 students and staff by 2025, there is no housing
bubble here.  I would like ideas or websites or studies of how similar
towns (if any) have made money in a situation like this.  I would like
to know what businesses could successfully be started up to make money
in this economic client.  The population is 70,000.  I have $30,000
available to invest so I am actually looking for business
opportunities for myself along with the general interest of knowing
where our community's economic direction is heading, if history
repeats itself.

Every college town seems to have: Kinko's, cafes, bookstores, bars,
hip clothing stores. Since the new campus will be close to the
mountains and the big reservoir lakes for water recreation I would
think a sports and outdoor recreation equipment store might be good.

You can give the terraces , the hall on rent the purpose of marraiges
, parties , functiions ,etc.
Because people usually find large hall ,terraces to celebrate thier
birthday parties , marraiges ,etc.
And the expenditure would be enough for some temporary changes
required for the time its on rent

I suggest you this idea beacause the people population is good for
functions and people even find places like this.