Not at all. We do get some grad students, but most or school drop-outs starting their own businesses. It is not a dorm, nor is it a hostel. Our guests have become my community; my family. We eat together, discuss politics, challenge each others ideas, and support each others endeavors. All this, with breakfast, fresh produce and California weather. It's personal, not a collegiate scam.
My stay there was a wonderful experience and the place was nice. I get energize by having people around working towards the same goal and that is very valuable to me.