If others are interested, I may be able to offer some insight into the location. Troy does not have a reputation of being the best city around. Blood isn't flowing through the streets, but there's a bit of crime, some drug rehab centers, and a few especially bad neighborhoods (but I don't know why you would want to go in a neighborhood, seeing as everything to do is in the commercial areas, which aren't as bad). A group of students can go enjoy the city without much worry, but I would be uncomfortable going out alone, especially at night.
But RPI students can be shielded from Troy if they wish. Campus security is excellent, so students generally feel very safe. It's in the city, but most academic, research, and student housing buildings are fairly secluded. A lot of popular events are also in Albany or other nearby towns.
So on the whole, the surroundings certainly don't add anything, but students shouldn't have fear.
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