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Festa, Mackenzie M.; Holderness, D. Kip, Jr.; Neidermeyer, A. A.; Neidermeyer, Presha E. – Journal of Financial Counseling and Planning, 2019
This study explored how an alternative presentation of loan information affects financial-aid decisions among students (n = 204) at a large public university. Building from decision-aid literature and using an experimental design, we found that when financial-aid forms were formatted in a way that makes interest rates more accessible and salient,…
Descriptors: Decision Making, Money Management, Student Financial Aid, State Universities