My undergrad campus used to before I was a student there, but they got rid of it and replaced it with a student "hang-out" area with couches and TVs. No one ever used it, so they replaced it with a study space and it suddenly became very popular. I'll proudly admit that my alma mater is full of nerds.
The campus I work on now has a bar, but it's part of a business-dress-required restaurant on campus so I don't think many undergrads go there. Most of the seniors live off-campus anyway.
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