College Debt: An Exploratory Study of Risk Factors Among College Freshmen

Linda Simpson, Renee Smith, Lisa Taylor, Julie A. Chadd

Research output: Contribution to journalArticlepeer-review

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 languageAmerican English
JournalJournal of Student Financial Aid
Volume42
DOIs
StatePublished - Jan 10 2012

Keywords

  • college debt
  • student loans
  • money management skills
  • student income potential
  • loan knowledge

Disciplines

  • Business
  • Education

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