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1.
A bag of ramen noodles crushed and shaken up with the seasoning powder. Props if you can crush them up without puncturing the bag they come in. Requires no water.
I was so poor in college that my lunch every day was a bag of ghetto chips during my two-hour lecture.
by Joe Sherrod July 31, 2006
 
2.
the cheaper generic store brand of potato chips, corn chips, etc.
He was close to broke and had the munchies so he had to settle for a bag of ghetto chips.
by Jennifer Volpe August 02, 2007