Color is always an instant update that doesn't have to break the bank, David says. "[These are] $15 rugs. Two of them put together makes a huge statement," he says.
But those aren't David's favorite thing in the room. "The thing that is the most dramatic—and I think that is making the biggest impact—in the room is these fabric panels right over the doors," he says. "They're just on there, really simple and easy, some double-faced tape that you can easily remove at the end of the school year, take 'em with you and put 'em in your next dorm room."
In this room: area rugs, IKEA; lamps, IKEA; throws and comforters, IKEA; throw pillows, IKEA and Home Goods; ottoman, IKEA; placemats, IKEA; fabric for panels, IKEA; acrylic medium and large boxes, The Container Store; storage locker, The Container Store