I'm a junior at Monmouth College.
For a cheapo alternative to knife buying, I suggest flea markets and antique stores. Some of my best knives cost $10 at antique stores. There are two caveats:
1. KNOW what you're looking for in advance. You don't need a list, but you need some knowledge of what you like because even the best flea merchants and antique dealers are usually non-knife people. Some will sell a Randall for $30, but they'll want $35-40 for a knife with a Pakistan stamp or one of those perforated Frost bowies because "it looks so wicked," so YOU have to be the knowledgeable one.
2. You will sift through a lot of junk before you find that beautiful knife, and it will be an old model when you do. The only new knives in Flea Markets and antique stores, as a rule, are knockoffs and crap. You will probably never find real Spydercos or Cold Steels in these places, but if you like old Pumas, Bucks, Schrades and Keen Kutters (esp. old pocketknives) you'll have a ball. Be sure to check display cases and look carefully among collections of buttons, pens, watches, etc. if you're interested in pocketknives.
Not everyone has fun this way but I love it and I've managed to turn it into a large collection. I've never spent more than $50 on a knife yet! (I can still say that until I pay Alan Folts for my new one)