Analysis of Financial Literacy in a College Population

Authors

  • Christopher Jacobsen University of Massachusetts Dartmouth
  • Joao Correia University of Massachusetts Dartmouth

DOI:

https://doi.org/10.33423/jhetp.v19i4.2197

Keywords:

Financial Literacy, College Population, College Student Motivation, Financial Courses, College Student Confidence, Financial background, Financial Knowledge, Higher Education

Abstract

The financial literacy of today’s students is essential to their future success. Colleges and universities struggle to develop methods for training students in financial literacy. This study investigates the financial literacy of college students, looking at individual factors of financial background, race, gender, major and motivation in order to understand if students are learning enough to be considered financially literate, and how to structure a course in order to improve overall literacy. Findings demonstrate a lack of financial literacy among students who aren’t business majors, haven’t been exposed to previous financial courses, and lack overall confidence in their financial literacy.

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Published

2019-09-02

How to Cite

Jacobsen, C., & Correia, J. (2019). Analysis of Financial Literacy in a College Population. Journal of Higher Education Theory and Practice, 19(4). https://doi.org/10.33423/jhetp.v19i4.2197

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Section

Articles