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2024 Annual Conference

du 21 au 23 May 2024

Hyatt Regency Milwaukee, Milwaukee, WI, USA

IMPORTANT NOTICE: The date, time, and room assignment of YOUR presentation is SUBJECT TO CHANGE.

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Confirm your place in the schedule by following the instructionss that were emailed to you. Each presentation must have a separate paid registration. Contact the ACCI office immedicately by email at admin@consumerinterests.org to report any conflict, all corrections to the details of the presentation (including author names and the order they are listed as this is how it will be in the final program), or if you have any questions. Please be sure to reference the session title(s), date(s), and time(s) when you contact us.

H1c Financial Independence of College Students

jeudi 23 mai 2024 à 13:00–14:30 CDT
Room 1
Short Description

The purposes of this study are to examine financial independence level and motivation of college students and their demand for personal finance topics. With both quantitative and qualitative data collected from online personal finance courses in three semesters in 2022-23 at a northeastern public university, results show that financial independence level and motivation are closely correlated. First generation college students tend to perceive a higher level of financial independence, while juniors tend to rate higher in financial independence motivation than first year students or sophomores. Students at different levels of financial independence show different responsibilities for spending items while their demands for topics in personal finance courses are similar. Qualitative responses of students on financial independence motivation and helpful personal finance topics provide further insights to better understand college students’ financial independence. The findings have implications for financial educators in designing and delivering effective personal finance courses for young adults at university and other settings.

Type of presentation

Accepted Oral Presentation

Submitter

Jing Jian Xiao, University of Rhode Island

Authors

Jing Jian Xiao, University of Rhode Island
Nilton Porto, University of Rhode Island
Chargement en cours …