Medical Expenses

Let me just preface this whole section by saying, I hate medical expenses. Not just because I don’t like paying them, but also because they can be the equivalent of a nuclear bomb being dropped on someone’s finances. Everything’s going just fine, you’re cruising campus on the new moped you bought, and then a headfirst dive over your bike’s handlebars sends you to the ER. There you conveniently find out that your insurance doesn’t cover what you thought it did, and $10,000 in medical bills later, you’re filing bankruptcy and wondering what the heck happened to your life.
College in particular places your personal finances straight in the path of oncoming traffic for a number of reasons. Whether it’s the close and often less-than-sanitary ...

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