If you have a college student who's starting a new school year, now's a good time to talk about taking care of their money and personal information while they're on campus.
College is the first time many young adults are out on their own and spending their own money. New students often have clean credit records and are navigating big financial decisions like loans, scholarships or budgeting for the first time — making them a target for scammers and identity thieves.
Young people seem tech-savvy and immune to scams, but they also may be financially inexperienced, and fraud can happen to anyone. BBB’s 2024 Scam Tracker℠ Risk Report found that young adults ages 18-24 show similar levels of susceptibility to scams and fraud as other age groups. Young adults also reported a higher median doll