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Sociology

University of Mississippi

2011

Stratification

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Financial Cultural Capital: Cultural Capital In The Context Of Higher Education And Federal Student Loans, Joey Brown Jan 2011

Financial Cultural Capital: Cultural Capital In The Context Of Higher Education And Federal Student Loans, Joey Brown

Electronic Theses and Dissertations

This thesis is an exploratory quantitative sociological analysis of the financial knowledge and experience of undergraduate students who have borrostudent loans. It also explores students' feelings about their loans. I surveyed 100 undergraduate students who had contracted student loans to gather information about their knowledge of financial instruments and feelings about their student loan debt. To explore students' knowledge and feelings, I created three indices: knowledge, feelings, and financial cultural capital and tested for racial differences between Blacks and Whites. The knowledge index investigates students' knowledge of the terms of their loans and experience with basic financial instruments. The feelings …