Stuart J. Heckman|HanNa Lim|Catherine P. Montalto
Factors Related to Financial Stress among College Students
The Ohio State University|The Ohio State University|The Ohio State University
concerns debt loads financial worries negatively affect student wellness top priority many university administratorsfactors related financial stress among college students explored using roy adaptation model conceptual framework used health care applicationsresponses 2010 ohio student financial wellness survey analyzed using proportion tests multivariate logistic regressionsthe results show financial stress widespread among students 71 sample reported feeling stress personal financesthe results proportion tests logistic regressions show study successfully identified important financial stressors among college studentstwo important financial stressors enough money participate activities peers expecting higher amounts student loan debt graduationthe results also indicate students higher financial selfefficacy greater financial optimism future significantly less likely report financial stressimplications student life administrators policymakers financial counselors financial therapists discussed