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Assessing the financial management habits of first-year students and seniors at Ball State University

The purpose of this project was to compare the financial management habits of Ball State University first-year students and seniors living on campus.A stratified, systematic sample of 100 first-year students and 100 seniors were surveyed during December 2000. Data were collected on 25 variables, 4 describing personal characteristics, and 21 describing personal financial management habits.It was determined that Ball State University first-year students and seniors have similar financial management habits. Statistically significant differences between first-year students and seniors existed on the following variables: having a student loan, knowing when the loan must be repaid, having one or more credit cards, carrying a balance on one or more credit cards, having a savings account, and recording expenditures in a check register.Financial management is an area that Student Affairs practitioners may want to consider investing more time educating students. Current financial management programs may need to be evaluated for their effectiveness. Using current research, new programs may be developed and implemented. / Department of Educational Leadership

Identiferoai:union.ndltd.org:BSU/oai:cardinalscholar.bsu.edu:handle/187100
Date January 2001
CreatorsLiley, Noel Suzanne
ContributorsWessel, Roger D.
Source SetsBall State University
Detected LanguageEnglish
Formatviii, 41 leaves ; 28 cm.
SourceVirtual Press
Coveragen-us-in

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