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The Independent UK
The Independent UK
National
Spencer Tierney

Pick a college bank account as carefully as your college

Copyright 2022 The Associated Press. All rights reserved.

Attending college can get pricey, so you’ll want to avoid costs from other places — like your bank account.

More than 668,000 students paid nearly $15.5 million in bank account costs in a year, an average of almost $26 per person, according to a 2022 report by the Consumer Financial Protection Bureau. What’s worse is that some colleges endorse costly bank accounts as part of their partnerships with banks.

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