I was wondering is there a place for students to socialize with each other and just chat. I think this Canvas Community should have such a place if it doesn't, otherwise it's not so much of a "community".
The Instructure Canvas Community is a site for users of the products to exchange their ideas, suggestions, and tips-and-tricks for using Canvas and Instructure's associated products; it's not a general social media site, which sounds like something more on the order of what you're looking for. What are the Canvas Community guidelines? details the purpose of the site.
Perhaps you can ask your school if they'd be willing to host and facilitate a forum where students can gather to socialize?