With tuition, housing, food, and overpriced movie tickets to pay for, we all consider ourselves poor college students. Every timeHow To - Be A Cheap Student we open our wallets, we’re faced with a gaping black hole – and we know better than to put any money in there since it’ll just get sucked back up. And unfortunately, we don’t have a source of unearned income like we did back home with the family. So how do you get around all of this?

Take advantage of those meal points! Since you studious people are in class for most of the day, chances are that you skip a few meals during the week. Under one of the regular meal plans, you can usually have two meals in the dining hall every day, so if you eat less than that, then you should have a few to spare every now and then. You may think that the Bear Market or the RSF’s refueling station are overpriced, but it’s a great way to stock up on snacks and other small items that you can bring to class and eat-on-the-go.

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This just in — rich folks are more likely to cheat, lie, drive poorly, steal candy from children, sip champagne to mock those poorer than they, order the most expensive thing on the menu and reject a three year, $21 million contract because it just isn’t enough to feed their family (Note: the last three weren’t part of the study we’re about to speak of, but are probably still true).

According to Bloomberg, UC Berkeley scientists conducted a study which has found that individuals of higher social class are more likely to perform in unethical behavior than their lower class counterparts.

Seven different experiments were performed on hundreds of people (many of who were recruited off Craigslist), including traffic related experiments done at San Francisco interactions. The results found that read more »

moneyIf you’re worried about early baldness due to the stress of tuition costs, then have we got some figurative Rogaine for you. UC Berkeley is number 14 on PayScale.com’s annual survey of college return on investment rates.

Data was taken from 1.4 million pay reports from the past 20 years to calculate both the annual and 30 year return on investment for bachelor’s degrees. Berkeley’s cost in 2010, including living expenses and all that jazz, totaled up to $110,000. The annual return on investment is a pretty impressive 12.9 percent, with the long haul 30 year ROI at $1,167,000.

Some of us humanities majors still might want to marry rich as back up, but to everyone else: look forward to a bright and promising future of not having to re-re-wear dirty clothes in order to save money.

Image Source: aresauburn under Creative Commons
Colleges With The Highest Return On Investment: PayScale Report [Huffington Post]

jobFor those of us worried about being homeless after college — or worse, moving back in with our parents, the National Association of Colleges and Employers’ survey has some encouraging results. According to data from the month of February, entry-level hiring is increasing.

The survey’s index is scaled from zero to 200, with 100 denoting no change. From December to January, entry-level hiring rose from 120.9 to 126.3 — an upturn the size of which has never before been reported.

The survey also shows that 53.3 percent of participating companies stated that they intend to hire more college graduates than the previous year. This is pretty good news for those of us currently planning how to feng shui our cardboard box.

Image Source: naught_facility under Creative Commons
National Association Of Colleges And Employers Hiring Index Shows Increase In Jobs For College Grads [The Huffington Post]

Ever feel like some people can pick up on your emotions without you even saying a word? Well it may just be that this person’s ability to read emotions is related to their socioeconomic status.

According to a study published in the November issue of “Psychological Science,” people of lower socioeconomic status are better at reading emotions than those of high socieconomic status. Michael Kraus, co-author of the study and postdoctoral researcher at UCSF (Berkeley researchers also contributed), claims that the higher level of empathy amongst those of low read more »

Woohoo! UC Berkeley wins again! YAAAAAAY!  Awesome times! High fives all around!

… Guys? Where’d you go? You don’t want to fist pump to our fair institution’s recent ever-so-laudable achievement? We are, after all, the first public school to reach the big $50,000 in costs for out-of-state students. That is certainly nothing to sniff at.

Of course, this is including room and board, along with tuition. Plus, it looks like a lot of other schools are clawing their way up behind us. Basically, we should celebrate our victories while we can.

Or something. Now who’s up for grad school?!

Image Source: Evil Erin under Creative Commons
In A First, One Year of Public College Can Now Cost $50,000 in California [NPR], via Berkeleyside


OK, we at the Clog will be the first to admit that we’re not so good with the financial wizardry. In fact, our knowledge of money ranges from, “Hey! I just found five dollars in the pocket of my old jeans! Score!” to “Oh yeah, I probably should have paid that bill a few days ago, huh? But do you think I’ll still have enough left for a burrito?”

So maybe we shouldn’t be the ones to tell you this, but tonight April 13 from 5:30-7 at the Arthur Andersen auditorium, Aaron Patzer, founder of Mint.com and VP and General Manager of Intuit, will be holding a free workshop sponsored by the SAGE scholars program.

Patzer is a bigwig in the land of moolah. We’re talking “CNNMoney read more »


In the (approximate) words of President Barack Obama, “Yes it can!” Finally, the ASUC has come up with a bill that would both be actually worth considering and might pass without a shit-ton of useless squabbling. (Cross your fingers … )

Now. You may be wondering to yourself, “What, pray tell, could this magical bill be, that will be cool and awesome and will save the student body thousands of needlessly spent dollars?” read more »

Mark Yudof released a little love letter to the UC system this week. After reviewing his proposal to enlarge the role of the federal government in public education several times, we give you our reader’s digest version of his strategy:

1. Reward bleeding hearts. Gives Pell Grants to schools that “enroll the neediest students.” Payola: about $2.5 billion for university core operations.
2. Give more money to read more »


When you’re shattering a bottle of Mickey’s against the far wall of Cloyne Court’s courtyard this weekend (or any weekend!) keep in mind that this wall is shared by a now 5 million dollars more prestigious Goldman School of Public Policy. Richard and Rhoda, your names will remain in letters.

The extra funds will allow the Goldman School to grow and develop read more »

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