new arrows cost me $3-$4 apiece, WAY too expensive, i did the home depot thing, bought dowels, and got me a jojan monofletcher with a straight clamp. try it, super fun and easy to make yer own arrows. it's a blast.
my bows are still pretty amateurish, but my arrows ROCK.
tip: it's WAY WAY easier to fletch dowels and repair arrows when you lose a feather if put a couple strips of electric tape on the noc end. (it's the poor man's way to put a shrink wrap vinyl cover on the arrow).