Abstract
The goals of this study are to examine the relationships between loan knowledge, money management skills, debt tolerance attitudes, and student income potential to their willingness to incur educational debt at a mid-western university. The current study showed that freshmen students lacked personal and general loan knowledge and had unrealistic expectations of future income at graduation.
Original language | American English |
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Journal | Journal of Student Financial Aid |
Volume | 42 |
DOIs | |
State | Published - Jan 10 2012 |
Keywords
- college debt
- student loans
- money management skills
- student income potential
- loan knowledge
Disciplines
- Business
- Education