Students headed to college this fall face a new financial landscape when it comes to managing money.
According to The Sacramento Bee, not only are families on tighter budgets, but the new credit card legislation passed this year begins to challenge how students handle credit, and that requires parents and students to rethink how to pay expenses.
Starting in February, credit card companies can no longer hand out cards to students under 21. The student must now have an adult co-sign or show proof of income.
© Copyright 2005 by DiverseEducation.com
Your email address will not be published. Required fields are marked *
Save my name, email, and website in this browser for the next time I comment.