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Unformatted text preview: meal plan specified in our example. The room is $2,400 for a 9 month lease. That is $266.67 per month and includes basic utilities (water, heat, cooling, electricity). Now you could probably live at home with mom and dad cheaper than that, but eventually folks, most moms and dads are going to show you the door. The meal plan is $2,150 for 9 months. That is $238.89 per month, or $7.96 per day (using 30 days per month). Now admittedly, the amount of eating folks do is highly variable. But for a fellar like me, $7.96 per day is a deal. All you can eat. Cooked for you, dishes washed for you. You just come and eat and eat and eat. I can spend $7.96 for one meal at a fast food restaurant and still be hungry!...
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- Fall '10
- Opportunity Cost