Troy Segal is an editor and writer. She has 20+ years of experience covering personal finance, wealth management, and business news. Jared Ecker is a researcher and fact-checker. He possesses over ...

Commissions do not affect our editors' opinions or evaluations. College graduates might need a new credit card more than anyone. For one thing, setting up real life for the first time is expensive.

At the end of sophomore year of college, my roommates and I had back luck that turned out to be the best luck. The bad luck was picking low card in the housing draw, relegating us to annex housing ...