Open Access. Powered by Scholars. Published by Universities.®
Articles 1 - 1 of 1
Full-Text Articles in Education
Beyond Financial Need: Predictors Of Student Loans And Student Loan Attitudes, Jill M. Norvilitis, Meghan J. Batt
Beyond Financial Need: Predictors Of Student Loans And Student Loan Attitudes, Jill M. Norvilitis, Meghan J. Batt
Journal of Student Financial Aid
Although public concern about student loan debt has been increasing, little research has examined predictors of debt beyond financial need or demographic factors. The present study explored the role of several psychological and attitudinal variables in student loan debt among 189 college students. Results indicate that loan initiative and loan resignation attitudes predicted level of student loan debt. In addition, locus of control, delay of gratification, and social comparison are also related to loans and loan attitudes. Parental instruction marginally predicted loan attitudes, but not loan totals. Overall, these results suggest the need to consider non-need based factors when counseling …