We know college students do not get the education they need around personal finance. The data seems to indicate that while we as parents prepare them for steering clear of alcohol and other “risky” behavior, we continually stop short of preparing them on how to steer clear of other predatory and destructive behavior – like dream-killing debt.
Evidence of how college-bound kids are marked as “easy targets” for risky financial endeavors was recently featured on the national news. Last month the New York Times reported that college students – along with other vulnerable groups – were being targeted by Wells Fargo. Continue reading