Students struggle to achieve good credit

Credit. In 2009, it’s more valuable than gold, and college students are discovering that, these days, it’s even harder to find.

The Alaska Student Loan Corporation recently implemented a minimum credit score of 680 as a requirement to get a state supplemental education loan. The supplemental loans, which pay for educational expenses other than tuition, are crucial for many students whose course load prevents them from working while attending school. The minimum credit score requirement disqualified nearly half the applicants for the loan this fall.

I am 19 years old and have never owned a credit card. I’ve taken out $4,000 in student loans in a two-year period. This week, I set out to find how to bring my credit score up from zero to 680. I talked to students, staff and faculty, and got some good advice.