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10/02/2009
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08/22/2009

Congratulations. By having a student enrolled at Carolina, your family has made one of the best financial decisions it will ever make.

That's because you are paying bargain-basement prices for a world-class education.

With the economy tanking last year and your retirement accounts likely nose diving with it, I know it may have hurt to write that tuition check last month.

 

Now, more than ever, college is about learning how to manage money.

Thank goodness you have at least four years to get it right.

I’m a parent of a sophomore student, so my daughter and I have been through the lessons of the first year.

 

Less than a year ago, a group of students went to a slightly off-campus open house party in Chapel Hill. They dumped coats and bags in an upstairs room. Some people carried phones and cameras back to the party scene, leaving the digital goodies on tables or chairs as they mingled.

And someone else swept through the party, picking up unattended cameras and phones and taking wallets and other phones from bags in the upstairs room.

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