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Finance and Financial Management Commons

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Education

2022

Financial Knowledge

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University Student Descriptions Of Their Financial Knowledge Of Student Loan Debt, Dr. Loraine Edwards Griffiths Jan 2022

University Student Descriptions Of Their Financial Knowledge Of Student Loan Debt, Dr. Loraine Edwards Griffiths

Walden Dissertations and Doctoral Studies

University students and university personnel are important contributors to the economy of the United States regarding excessive student loan debt. As such, a lack of financial literacy is a significant problem. The purpose of this single descriptive qualitative case study was to describe the experiences of certain individual university students about their financial knowledge of their student loan debt. Bandura's social learning theory and Maslow's hierarchy of needs theory was used to analyze the results of this study. The research questions asked how university students describe their experiences regarding student loan debt and their financial acuity, and how do university …