It's inexpensive and it's fine for my purposes for the short term. However the first time I opened the box the lid came off its hinges. This happens every time you open it unless you brace the top against a wall. It's annoying and I'll soon replace this with something more substantial.
I got this for my daughter who is a recent college grad. It is a great way for her to organize her papers and start "adulting". I also got hanging folders which fit perfectly.