Student Fun Pays $14K Tuition In $1 Bills, University of Colorado in Boulder VIDEO

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Heavy Price: CU Student Pays $14K Tuition In $1 Bills

Wad Of Cash Weighed 33 Pounds

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January 17, 2011
Alan Gathright, 7NEWS Content Producer


BOULDER, Colo. -- Nic Ramos wanted to send an eye-grabbing message about the rising cost of tuition at the University of Colorado in Boulder.
So, the 20-year-old economics major paid his $14,300 tuition entirely in $1 bills."It's over $14,000 in ones, " the student told 7NEWS Sunday night.Ramos packed the 33 pounds of cash into a big duffle and was ready when the CU business office opened Friday morning.
"I walked in there and put it on the counter and said: 'I'm here to pay my tuition,'" Ramos recounted.The teller looked in the bag and said, "0h my gosh!" said Ramos. "And then all the other tellers came over and they couldn't believe it."Amassing that much cash in the credit-card age was no easy task.Ramos said he spent a couple days trooping from bank to bank withdrawing cash. Often banks could only provide $100 or $20 bills, so he had to go to still more banks for change."We have got every sort of reaction," he said, ranging from "That's the coolest thing I've ever heard" to "You're crazy."
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