Picture this: You’re thirty-five, and still paying for your Sophomore Spring Break to Cabo. It sounds crazy, but it’s a reality for many cash-strapped graduates who maxed out their cards during their college years. Most college students boast a wallet full of plastic, and will spend years paying off the balances.

College cards are often a necessity (ranking right up there with tequila shots and coffee) during your four years, unless you have a big fat trust fund or a wealthy eccentric uncle. A multitude of costly expenses fall outside your tuition bill. Some are necessary, like food, books and transportation, while others are luxuries, like clothes, alcohol, trips and concerts. Here are some tips to avoid the debt trap that so many students fall into.

Compare offers

Be as choosy with what you put in your wallet as you are about which boys you let sleep in your bed (Editor’s Note: When alcohol isn’t involved). There are tons of credit card offers out there – don’t just take the first one you stumble upon.

Do your research: check out the finance charge, annual fee, cash advance fees and late payment fees. The finance charge can be as high as 25 percent on the unpaid part of your bill, and the annual fee can suck up a hundred bucks each year. For cash advances, most cards charge a scary amount and high interest. Read the fine print, and look at what a late payment can do to your rate (hint: just one late payment increases your interest rate). Try sites like credit.com or bankrate.com) to compare cards and score the best deal.

Screw the free-t-shirt

Forget the free-t-shirt/ water bottle/ random-crappy-thing-that-you’ll-never-use-again. Don’t apply just to score free gear. With every application, an inquiry is made into your credit history. This can pull down your credit quicker than a drunken frat guy drops his pants (or yours). Push through the crowd of over-eager credit card pushers – its okay to say no. Read More »

So we are finally in the dog days of summer (which I realized when I went for a run at noon). Some of us are working, going to school, or schlepping around interning. Others are laying by the pool sipping sangria (*jealous*). But, I think we can all agree that a break of any kind is welcome. Especially when that break is a trip to somewhere cool, offbeat and–the best part– cheap. So pack your favorite flip flops, airy sundress and camera and head somewhere, anywhere but here. Might I suggest any of these destinations:

Isla de Vieques, Puerto Rico.

This 21 by 5 mile island is referred to asIsla Nena by residents, loosely translating into “virgin island”. Located only 6 miles off Puerto Rico’s coast, it is a hotbed of natural beauty and tropical activities. You fly onto the island after flying into San Juan, Puerto Rico, so be prepared with a your iPod, a magazine, eye mask or Valium–whatever it takes to get you to board an 8 seater plane to Vieques Airport.

Once you’re on the island, you can stay anywhere ranging from $90 a night B&B’s to luxury hotels, so whether you’re on a typical college budget, or you happen to have a trust fund, there are accomodations for you.

Activities on the island include: hiking, snorkeling and diving, biking, fishing, sightseeing and dining in Bravos de Boston, Vieques’ most fashionable town. However, the highlight of this destination is definitely its Bioluminescent Bay. The bay is filled with phosphorescent microorganisms, that glow in the dark when disturbed. Nighttime charter boats take you on a guided swimming and kayaking trip to the brightest bio bay in the world. If you’re looking for a tropical getaway that won’t break the bank and is off the beaten path, Vieques is it. Read More »

hip·ster1 [hip-ster] –noun Slang.

1. a particular breed of middle to upper class 20 some things that tend to inhabit surrounding neighborhoods of urban areas. The hipster generally has money, yet shuns conventional materialism. They try to appear starving, broken, and angry, yet have the comfort of living in $2000 lofts. Trust funds are a common commodity among hipsters.

The goal of the hipster is to look ironic.

The hipster handbook defines the hipster as “One who possesses tastes, social attitudes, and opinions deemed cool by the cool. (Note: it is no longer recommended that one use the term “cool”: a Hipster would instead say “deck.”)

The Hipster walks among the masses in daily life but is not a part of them and shuns or reduces to kitch anything held dear by the mainstream. A Hipster ideally possesses no more than 2% body fat.”

It becomes a difficult task to then differentiate between those who actually cannot eat, shower, or afford clothes. The hipster’s style aesthetic is influenced by the homeless. The hairstyles worn by the hipster is generally ragged, dirty, and has the appearance of a lack of care though often hours of care is put into the upkeep of said look.

In areas such as Williamsburg is generally safe to assume that anyone possessing this look is indeed a hipster.

Clutching their Ipods and sipping PBR, the hipster has taken over areas that were once affordable and turned them into a hipster oasis prompting stores such as Brooklyn Industries and American Apparel to move into these neighborhoods.

In main urban areas, like Manhattan, it becomes difficult to distinguish between “homeless” and “hipster.” Unkept hair, dirty clothes, a general disdain for life in general? Homeless or hipster? You decide!

Test your skills with these nifty photos so you don’t give spare change to someone with a trust fund. Play the game after the jump: Read More »

Kids in the Ivy Leagues must be huge brains, right? They must love to challenge themselves. Relish the competition and the long hours spent in the library spent pumping out the next big thing in organic chemistry.

Or maybe they’re just as lazy as everybody else.

The snarky little devils at Gawker recently stumbled across an email from a Yale junior named “Nick” which details (and I mean details. This is the longest email I’ve ever read in my life.) all the classes on campus that enable one to coast. Basically, “Nick” is all about helping his fellow students get an A without trying.

“Hopefully, all of us will be on the same page [regarding classes] so we won’t have to worry about having section with all those randos we have never met who talk funny.” Nick types in his email. “I mean, don’t you feel good when you show up to class on day one and you see a lot of baseball caps and blue and gray warmups. I know I do. I know I am home – at Yale, trying with all my might to not overexert myself.”

He goes on being hilarious (or douchey, depending on your humor gage) while decoding one particularly easy PolySci course entitled Public Opinion:

“Adam F Simon is probably the easiest professor at Yale…Basically, Adam F will complain to you about how network tv is retarded, people are retarded, and tell you random anecdotes about his dog, family, time at ucla, or his next book. You will know a lot of about current events if you show up. You will get an A even if you dont. This class generally migrates directly to the varsity weightroom [sic] right after letting out.” Read More »