On-campus internet connection

I am an on-campus student at a university and I am having a little internet problem. When I am downloading a file, my dl speed maxes out at about 40kbps. Since it seemed ridiculous that a university was only getting dial-up speeds, I ran a few speed tests using different mediums and I got that I was getting about 350 kbps both up and down.

Does anyone know what could possibly be happening? I feel like maybe the school only gives each student 40 kbps each and that the 350 was for the entire student body but that can't be right.. can it? I am using a Cat5 connection into an Ethernet port in the wall in a building built in 1970something.

Help.

thanks!

and just to clarify, there is no way I am getting 350kbps. I cannot stream a Youtube video continuously or it will skip and buffer over and over.

Maybe your school caps the download and upload speeds to prevent students from using their connection to download

then how am i able to tell there potentially can be 350 kbps of speed coming to my computer but I can only use 40? How is that possible..