The Leatherman Wingman multi-tool is not a fully-featured super-robust design, but it is quite versatile and well built at a very reasonable price.
For the holidays, Home Depot is selling these at the special price of $19.88. Stocks are limited, and there is no online or in-store pickup purchase options. To get one of these for $19.88, you have to visit your local Home Depot store in person.
Update: As of 12/9, Home Depot has started allowing for online ordering with free in-store pickup, as well as inventory checking.
Buy Now(via Home Depot)
This is the Leatherman multi-tool we recommend for college students and others who want a quality first or backup multi-tool for cheap. Here is a comparison review we put together for the Sidekick and Wingman.
You might also want to check out the Sidekick Gift Set.