Secure, Comfortable, Shaky, and Disastrous: Examining the Current Financial Situations of College-Aged Youth
Gillespie, Maja. (2014). Secure, Comfortable, Shaky, and Disastrous: Examining the Current Financial Situations of College-Aged Youth. Theses and Dissertations Collection, University of Idaho Library Digital Collections. https://www.lib.uidaho.edu/digital/etd/items/gillespie_idaho_0089m_10299.html
- Title:
- Secure, Comfortable, Shaky, and Disastrous: Examining the Current Financial Situations of College-Aged Youth
- Author:
- Gillespie, Maja
- Date:
- 2014
- Program:
- Family and Consumer Sciences
- Subject Category:
- Finance
- Abstract:
-
Abstract The economic downturn of 2008 tested America's financial management skills, and highlighted the nationwide issue of financial illiteracy. In today's consumer-driven society, it is crucial for youth to possess a foundational knowledge and skills in personal finance in order to be successful. The question remains: Whose job is it to teach youth about financial management? Some feel it is a responsibility of parents while others feel it is the education system's responsibility. Many researchers argue that it requires collaboration of formal and informal education, led by parents and teachers.
The following study examines the financial attitudes, perceptions, and behaviors of college youth, ages 18-29, at the University of Idaho. The results reveal significant relationships between current financial status and consistent savings plans, credit card and student loan debt. These young adults have a willingness to learn, but are lacking the education and modeling in order to establish healthy financial behaviors.
- Description:
- masters, M.S., Family and Consumer Sciences -- University of Idaho - College of Graduate Studies, 2014
- Major Professor:
- Deringer, Nancy
- Committee:
- Chapman, Erin; Monks, Katie
- Defense Date:
- 2014
- Identifier:
- Gillespie_idaho_0089M_10299
- Type:
- Text
- Format Original:
- Format:
- application/pdf
- Rights:
- In Copyright - Educational Use Permitted. For more information, please contact University of Idaho Library Special Collections and Archives Department at libspec@uidaho.edu.
- Standardized Rights:
- http://rightsstatements.org/vocab/InC-EDU/1.0/