Undergraduate Financial Stress, Financial Self-Efficacy, and Major Choice: A Multi-Institutional Study

Journal of Financial Therapy

article

Fosnacht, Kevin¹  Calderone, Shannon M² 

[1] Indiana University;Washington State University

关键词: financial stress;    college students;    major choice;    self-efficacy;   

DOI  :  10.4148/1944-9771.1129

学科分类：社会科学、人文和艺术（综合）

来源: New Prairie Press

【 摘 要 】

Over time, undergraduates students been increasingly forced to assume a greater portion of college costs. For most students, this means borrowing larger sums and cutting back on expenses to fulfill their college dreams, which often leads to financial stress. Using financial self-efficacy theory, we sought to better understand how a lack of financial confidence and a diminished sense of financial well-being may serve to undermine students’ intended short and long-term goals. To this end, we examined the predictors of financial stress based upon a multi-institutional sample of senior undergraduates and focus on the role of the earnings potential of different majors.

【 授权许可】

CC BY-NC