The document summarizes the story of Faust's house and the poor student who discovers it. It explains that an old man named Faust once lived in the house and had sold his soul to the devil. A poor student finds the empty house and moves in, fixing a hole in the roof. He discovers a bowl of coins inside and uses the money to buy food, clothes, and other items. The student spends freely and hosts many feasts. However, one day he disappears, and his friends later realize the devil took him through the same hole in the roof, as he had done with Faust. The house and unrepaired hole are then left forgotten.