A Penny Earned is a Penny Saved
Diana Muniz Staff Reporter
Issue date: 9/29/05 Section: News
"Where does the money come from? Where does the money go?
College students are notorious for walking around penniless. Most college students do not have jobs during the school year; the money that was saved is completely consumed over the first three months of the semester.
Although it seems a bit cliché, college students are usually broke, and it's no wonder.
Tuition costs have risen nearly 10% at public schools and 6% at private schools this past year alone. Add to that the cost of textbooks, room and board, dorm supplies and laundry.
If you were actually thinking of having fun at college, don't forget to factor in luxuries and pleasures -new clothes, shoes, football tickets, booze, bars, and spring break vacations.
The students who support themselves and pay their own way through school have few days off, crazy hours, and don't have much time to relax.
Some students not only take a full course-load, but need a full time job to pay for classes, books, and food.
"It's hard working and going to my classes because I never really have free time. It's hard to find time to go out and have fun with my friends. Either I'm busy or too tired," said Aisling Clancy, senior, Queens, NY.
Everything costs money. College students are forced to pay ridiculous prices for everything. Nothing is cheap, and home cooked meals are miles away.
"I saved up money before coming to school this semester, but I feel I need to go home to work, I already spent it all. When we were bored we went shopping because the mall was so close. We went to Stop and Shop and bought stuff we wouldn't even eat, we just bought it, just in case. I used my FLIK card and forgot that I had food in my room," said Christine Shleiwet, junior, Yonkers, N.Y.
It's important to become diligent about your spending early, because the financial temptations of college life are never-ending.
The $3-a-cup coffee habit that costs you hundreds of dollars a semester. If you choose to live in a dorm during freshman year, you may be tempted to eat out on a regular basis.
College students are notorious for walking around penniless. Most college students do not have jobs during the school year; the money that was saved is completely consumed over the first three months of the semester.
Although it seems a bit cliché, college students are usually broke, and it's no wonder.
Tuition costs have risen nearly 10% at public schools and 6% at private schools this past year alone. Add to that the cost of textbooks, room and board, dorm supplies and laundry.
If you were actually thinking of having fun at college, don't forget to factor in luxuries and pleasures -new clothes, shoes, football tickets, booze, bars, and spring break vacations.
The students who support themselves and pay their own way through school have few days off, crazy hours, and don't have much time to relax.
Some students not only take a full course-load, but need a full time job to pay for classes, books, and food.
"It's hard working and going to my classes because I never really have free time. It's hard to find time to go out and have fun with my friends. Either I'm busy or too tired," said Aisling Clancy, senior, Queens, NY.
Everything costs money. College students are forced to pay ridiculous prices for everything. Nothing is cheap, and home cooked meals are miles away.
"I saved up money before coming to school this semester, but I feel I need to go home to work, I already spent it all. When we were bored we went shopping because the mall was so close. We went to Stop and Shop and bought stuff we wouldn't even eat, we just bought it, just in case. I used my FLIK card and forgot that I had food in my room," said Christine Shleiwet, junior, Yonkers, N.Y.
It's important to become diligent about your spending early, because the financial temptations of college life are never-ending.
The $3-a-cup coffee habit that costs you hundreds of dollars a semester. If you choose to live in a dorm during freshman year, you may be tempted to eat out on a regular basis.
2008 Woodie Awards