Exacerbating the student debt crisis is debit card fraud targeted to college students. A recent federal and Illinois state ruling fined a bank and its agent $4 million for fraudulent and deceptive practices.
There are about 900 debit card partnerships between colleges and financial firms that cover about 9 million students or 42 percent of students in the United States. Here are some ways to recognize and avoid debit card fraud for students on college campus. Read more