This auction at California State University Long Beach netted $5,800 that will go toward scholarships and student assistance programs.

All the items for sale have been in the lost and found for months. 

The less expensive items are set up flea market-style, while the big-ticket items are reserved for the live auction.

Bargain shopping is a way of life for many, and with student loan debt currently in the trillions, it should be of little surprise that college students are among those who are willing to put in the work in the name of landing a bargain.

According to the College Board, the non-profit that helps students prepare for college, the average price merely for tuition and fees for students in public, four-year colleges in their home states has risen by more than $6,000 since the late 1980s.