Squatting at home was originally a word produced by a group of students who failed in the college entrance examination to comfort themselves. Later, because the country popularized universities, the influence of universities gradually increased and became a common phenomenon for most people. Now it's changed into a popular online phrase: staying at home (at home).
So your understanding is correct.
Extended data
Advantages and disadvantages of living at home in college;
1, advantages: freedom.
You can learn anything you want at your own pace, and adjust your study plan and progress at any time according to your actual situation and goals.
2. Disadvantages: Loneliness and boredom.
Without the group, a person lives an isolated life, and it is easy to fall into loneliness and boredom. After the novelty of the last few days passed, loneliness flooded in. Every day when I sit at my desk alone, I begin to miss my school, my teachers and my classmates.
reference data
Baidu encyclopedia-home squat university