I require the students purchase a stand every year for the wheel making class here.
This is based on the theory that they will do better at it with some skin in the game.

In past years, I've told them to get some version of this design, which has been around forever:



This year, I might just go with the Spin Doctor ripoff of the Minoura:




Somebody gave us one at the coop, and it works fine, and folds for storage.

Other than the fact that it's a pain to reset the self centering feature on the
high end Park stands, I have yet to see one that folds neatly and can be hung
on a pegboard when not in use. I build more wheels than your average guy, and
for what I do, either of the above is my preferred option.