NEW YORK (MainStreet) For many Americans, starting college means taking on a host of new freedoms and responsibilities. Besides handling a rigorous course load, making new friends and adjusting to life on campus, college students are often also faced with the difficult task of managing their own finances for the first time. While some succeed without doing too much damage to their bank accounts, it's all too common for college students to fall into financial pitfalls that can haunt them for years to come.
As a new generation of students heads off to college this fall, MainStreet asked financial gurus to share their biggest money mistakes in college and the lessons they learned. Their stories just might help spare today's college kids from making the same blunders.