The Ramada sounds bad to me. I just checked on expedia.com and there are lots of nice-sounding places for $159 and under. One to look at is the Magic Castle Hotel - near everything in Hollywood and only a five or ten minute walk to the Highland/Hollywood metro station - from there it's a ten minute ride to LACC (you're let off one minute from the campus and theater). The two Universal City Hotels, the Sheraton and the Hilton are both around 159, are very nice and are a moment from the North Hollywood Metro station - again, just a short ride to LACC. Also, check the Continental flight and hotel combos.