Today's college student: measuring the effectiveness of financial literacy education and effect on subsequent student debt

Today's college student: measuring the effectiveness of financial literacy education and effect on subsequent student debt. (2015). Today's college student: measuring the effectiveness of financial literacy education and effect on subsequent student debt.

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Title	Today's college student: measuring the effectiveness of financial literacy education and effect on subsequent student debt
Abstract	This mixed-method study investigates the level of financial literacy in junior and senior-level college students and the effect on subsequent student debt. Two-hundred-fifty-four junior and senior level students at Indiana University of Pennsylvania were surveyed using the Jump$tart Coalition® for Personal Financial Literacy college survey and seven students participated in a focus group session. Analysis of this research determined that level of financial literacy is not an effective predictor for student debt. A Chi-squared Automatic Interaction Detection (CHAID) technique revealed that it is the interaction of multiple factors, first-generation status, parent income, and student major, which more accurately reflected a student more likely to incur student debt.
Date	2015

Details

Title: Today's college student: measuring the effectiveness of financial literacy education and effect on subsequent student debt
Personal Name(s): McCarthy, Patricia Curran
Piper, David M.
Corporate Name(s): Indiana University of Pennsylvania
Professional Studies in Education.
Note: Publisher info.: Dissertation/Thesis.
Advisors: Piper, David M. Committee members: Cathy Kaufman; Kelli Paquette.
Topical Subject(s): Education finance