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On the tax front, I would add to this that every college student should be aware if they are going to be claimed as someone else's dependent. Most will probably be claimed by their parents. This was the case with me until my senior year when I was largely supporting myself and no longer qualified as a dependent. Both my parents and I were slow to update our withholding and we both paid for it in different ways 

2 years, 8 months ago on What New College Students Need to Know About Money