Place to live and learn
I believe the answer is:
dorm
'place to live and learn' is the definition.
(I've seen this in another clue)
This is all the clue.
(Other definitions for dorm that I've seen before include "crash site" , "Boarding school bedroom (abbr)" , "Place to retire" , "Where retired people may be seen" , "Communal bedroom (abbr)" .)