Business Commons^™

Financial Literacy In High School Education, Chelsea N. Simmons

Honors Theses

Personal finance has become increasingly complicated in the past thirty years due to globalization and financial engineering. Americans are faced with new financial products and decisions, and many do not have the knowledge or expertise to successfully manage their finances. Financial literacy is especially low among young adults. Individual states have responded by introducing a personal finance course into the high school curriculum. This course may be an elective or a requirement for graduation. This study begins to examine personal finance curriculum in high schools and the effect such coursework has on overall financial literacy when students reach college.

The Effect Of Educational Debt On The Probability Of Homeownership For College Graduates: An Empirical Analysis, Cole Ikkala

Honors Theses

With the average tuition of both public and private institutions on the rise, students are graduating from college with a higher burden of debt than ever before. In turn this is adversely affecting their post-graduation decisions, specifically the purchasing of their first home. With the simultaneous increase of educational debt levels and tightening of lending constraints for mortgages, it is hypothesized that first-time homeownership is being delayed. The purpose of this study is to analyze what exactly is delaying graduates from purchasing a home, the outstanding total educational debt amount or the monthly educational debt repayment amounts. Both can hinder …

A Comparative Study Of The Truth In Lending Act, Robert R. Riggins

Honors Theses

Consumer credit probably began in the United States early in the nineteenth century, but it has only in recent years acquired such a position of social and economic imminence. Today, credit is an integral part of our life style and the volume of consumer credit sales reaches monumental proportions.

Though credit use has benefits, the unwise use of credit has serious ramifications. Little can be done to protect the consumer from himself, so attention must focus on protecting the consumer-borrower from the lender. The full-disclosure facet of the Act assures consumer-borrowers that they will be informed as to the real …