Vantaggi
They pay in state tuition and your room and board. Training can be tedious but parts of it will totally prepare you for the position. You can build a great community and with the right staff you can have a wonderful experience. It is wonderful to graduate with much less debt than I was anticipating.
Svantaggi
Paying in-state tuition is not necessarily enough. You are on "duty" four nights a week but any time they can call you back to deal with a situation. I have been called on several occasions to come back on several occasions to deal with roommate conflicts. You are with your staff constantly, so it can get difficult working with them. It is very difficult to have a work-life balance. You work where you live so it's hard to separate work from your personal life. You MUST be good at time management (or you will be by the time you're done) or your grades will suffer. Many first year RA's will drop out at semester because they can't handle it.