I drew up a spreadsheet tonight because I needed to prove to my mother that purchasing a meal plan at Butler was a rip-off. For those of you who attend Butler (two other people on this forum at last count) or otherwise go to college and have similar situations to work around, allow me to summarize the data for you.
Butler offers 21, 18, 15, and 12 meals/week plans. No matter which plan you choose, it costs approximately $2,000. Each plan also offers you "munch money" that can be spent whenever (regular meals can only be used at certain times). You get $50, $75, $100, and $125 with each plan, respectively. There are 110 days in a semester within which to use your meals. You can only use three meals at max during one day, and you can only use one per "meal period," a time which is measured by whether the cafeteria is serving breakfast, lunch, or dinner. 110 days = 15.71 weeks.
If the "bonus" money you get is treated as cash back and subtracted from the cost of the plan, and the total cost is divided by the number of total meals purchased, you can determine the price per meal. Easy and obvious. It should be noted at this point that if you don't have a plan (if you commute to campus, for example), that purchasing a buffet-style meal in the cafeteria upstairs costs $6.25. A meal downstairs, in the food court, costs anywhere from $4 to just over $6 depending on what you want.
Unless you get 21 meals per week and eat every single one, you are getting ripped off. Big surprise.
At 21 meals, each meal costs $5.89. But the next plan down costs $6.79 per meal. At 15 meals, which is enough to keep me fed since I usually don't eat breakfast (as breakfast is only served between 7 and 9, and I always have a class), I was paying $8.04 per meal. That is not cool.
If I paid in cash for every meal I ate in the cafeteria and continued my normal eating habits, I would spend only $1,374.63. This is $620.38 less than the cost of a meal plan.
Incidentally, the time span in question is roughly four months. If I were to take the $2,000 invested in a meal plan and put it towards groceries, I could spend $17.85 per day on foodstuffs. At that price, I could afford to have steak for dinner every night.
So. Who else goes to college and has a meal plan or has dealt with meal plans, and how does yours stack up in terms of student ass-rapery? <p>
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