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JOURNAL OF HIGHER EDUCATION THEORY AND PRACTICE
Analysis of Financial Literacy in a College Population
Author(s): Christopher Jacobsen, Joao Correia
Citation: Christopher Jacobsen, Joao Correia, (2019) "Analysis of Financial Literacy in a College Population", Journal of Higher Education Theory and Practice, Vol. 19, ss. 4, pp. 11-18
Article Type: Research paper
Publisher: North American Business Press
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.
