Can You Cover Yourself With All Your Student Life Fees?
Written by Bwog Staff
Last week, Bwog calculated exactly how much of his or her student life fees a Columbia student could drink back at Lerner Pubs. This week, Bwog has found another source of free items (and use for Frontiers) to take back a few more of those student life dollars.
B-of-the-E Assumptions (based on Google)
- There are about 180 days per year that every student will be on campus if he or she only leaves for Thanksgiving, winter break, and spring break.
- Let’s say those plastic rain ponchos are a fashion statement (ie: not just for rainy days).
- Several on campus locations, including Lerner Hall and the Hartley Hospitality Desk, stock plastic ponchos.
- New York City has an average of 121 rainy days per year.
- The wholesale price of rain ponchos is $50.79 for 48 ponchos.
- Student life fees are $698 per semester, which we’ll call $700
- Student life fees for 8 semesters = $700 x 8 = $5,600
- The average cost of a poncho= $50.79/48= $1.06, about $1
- The approximate percentage of one year that a student is on campus: 180/365 = about 50% of the time
- So, if there are 121 rainy days per year, we’re around for roughly 50% of those, or 60
- If you take one poncho for every rainy day over the course of four years= 240 ponchos (If a few friends are willing to give you their ponchos, that’s even more! But it also begs the question what you might do with all of them…).
- Dollar value in ponchos= 240x$1= $240
- Percent of student life fees returned= $240/$5,600= 4.3%
- A student can get back about 4%ish of his/her student life fees by taking one poncho every rainy day at Columbia.
- Ponchos are more valuable than beer
- Back-of-the-envelope calculations are a tested and proven method to procrastinate starting your problem set, ever.
People who know what’s up via Wikimedia Commons
Tags: b of the e, death of the umbrella, great birthday gift idea!, make it rain, no envelopes were harmed in the making of this post, put your back of the envelope into it, student life fees, too many ponchos, your tuition dollars at work