Protecting Your College Student
Bright eyed and bushy tailed, your teenager is ready to venture out into the world of college and independence. Unfortunately, there is no shortage of people and companies looking to take advantage of his young naiveté. Here's the lowdown on common scams that target new college students -- and situations in which scammers can take advantage of unsuspecting freshmen.
One of the few advantages that resulted from the credit crunch was a new law, the Credit CARD Act, that prohibits creditors from issuing a credit card to anyone under 21 who doesn't have a cosigner. If the student can show proof of income from a valid job, however, he can apply on his own. Be sure to talk to your child about the dangers and lifelong ramifications of using credit unwisely.
Scholarships.com allows students to search for college scholarships and financial aid information for FREE. Their database contains over 2.7 million college scholarships and grants worth over $19 billion.
As a parent, you know that your child shouldn't ever use a term paper (or similar) service, in which the student pays a fee to more or less have someone else do his work. Many of these "services" take the assignment out of huge banks of papers and sell it to the student, meaning it's "out there" and has been used before. With opposing services such as turnitin.com, getting caught is only a matter of time. Using someone else's work is unethical and dishonest, and it can compromise your child's educational future. Many colleges have strict policies against plagiarism and will expel students for the violation. Unfortunately, it's not abnormal for a college freshman to make decisions that aren't wise in the moment.
There's no reason to sit up at night worrying about your college-bound student, but there is reason to be knowledgeable about scams and talk to him about them. This is his first solo journey into the real world, and a little knowledge will go a long way.