Identity thieves prey upon the ignorance of their victims. No one is more ignorant nor stands to lose more when it comes to identity theft than college students. Usually burdened by student loans with no independent credit standing, most college students don’t realize how their lives can be irreparably damaged, or how quickly, by identity theft.
Kids continue to enter college with little if any education about credit card predators, what information they should give over the phone, when to give out their Social Security number, what personal information they shouldn’t list on social networking sites, and how to properly dispose of bills and promotions that contain personal information.
The single best investment a college student should make is not in a laptop, a HI-DEF TV, or even textbooks, but a paper shredder. College kids must take the necessary steps to protect their identity so that someone else does not destroy their credit rating, which would hamper their ability to apply for mortgages and loans upon graduation.