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August 16, 2010

Packing for College, 2010 Style

Karen Blumenthal

As you help pack up the minifridge, laptop and extra-long twin sheets for your college freshman, you might consider a few other last-minute chores:

• Scour your health-insurance coverage for loopholes.

• Reread your homeowner's insurance policy.

• Call your lawyer.

Sending a child off to college for the first time is wrenching enough, but a slew of conflicting rules and changing banking and health-care laws are making this year's move-in season more confusing than ever.

And with college costs and student debt at record levels, it is all the more important for students--and their parents--to avoid the new financial traps cropping up on campuses these days, from debit cards to health insurance.

Posted by Jim Zellmer at August 16, 2010 1:04 AM
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