Financial Well-Being Among Selected Students At Eastern Illinois University

Abstract

This study examined the financial well-being of Eastern Illinois University
undergraduate students. Specifically the areas of financial debt, stress, and specific
buying habits were addressed in determining the financial status of EIU students. The
study was completed during spring 2011 by means of an online survey.
Significant correlations were found between the level of debt students had and
their overall level of self-reported stress using a local five item semantic differential
measure. There were no significant differences between student academic class standing
and collective outstanding debt. Major on-campus versus off-campus spending
differences were the cost of utilities and in the cost of owning and operating a vehicle.
Off campus and outside of Charleston living situations were typically found to be more
expensive than living on-campus.

Date of Award	2011
Original language	American English
Awarding Institution	Eastern Illinois University
Supervisor	Charles G Eberly (Supervisor)