I like thekalimist's stand, painted a cool color could blend with dorm decor. Plus the couch allows for those nights when you might "pass out" rather than "go to bed", or if you ain't solo.
Here's an alternative that Turtlelady came up with.
Check out Isheian's version (around post #303), and Olddog's version (post #320). IMO, Olddog's implementation really makes the idea easy to implement: