Previous studies have focused heavily on the astronomical student loan debt number in the United States of America and the overall expense of higher education; however, few studies have focused on the financial literacy of higher education students and what financial knowledge the individuals possess who were key members of the community who were…

A growing amount of research examines the personal and financial burden of students in healthcare programs who graduate with large amounts of student loan debt. However, a paucity of literature addresses occupational therapists' student loan debt burden. This study was conducted to describe the context of occupational therapists who have…

This study examines the financial aid literacy of Latino students at an institution of higher education in the United States. Beginning with a review of the current literature on the topic and past studies. Utilizing the theoretical framework of Marcia Magolda-Baxter's (2009) theory of self-authorship along with the conceptual frameworks of…

The purpose of this study was to identify the positive and challenging experiences of currently enrolled Pell Grant higher education students at one private, four-year postsecondary institution in Texas. The qualitative study used an Interpretive Phenomenological Analysis (IPA) as a data collection approach to gain specific insight about Pell…

The rising costs of college attendance and changes in financial aid packages leave students with little option other than to incur a debt of some amount. Unfortunately, colleges often fail to provide adequate financial literacy and student loan information so prospective students planning to attend college can make informed decisions. Student…

In addition to career training and preparation, institutions of higher education can foster opportunities for financial education and promote access to resources for financial decision-making. Educational experiences can play a role in preparing and informing students about their financial decisions and the impact of financial choices they face as…

First-generation, freshmen students struggle to complete the financial aid process at a 4-year private university in Louisiana, impacting their financial and academic well-being. The purpose of this basic qualitative study was to explore first-generation, freshmen student perceptions of how they construct knowledge about the financial aid process…

Escalating college costs have far-reaching implications, especially for low-income and first-generation students. Lack of financial literacy can negatively affect the success of these learners and may have long-lasting consequences, yet there is a lack of literature about the borrowing and repayment obligations related to student loans of…

Despite the U.S. having one of the highest college access and participation rates in the world, equity gaps exist that impact access and success for first-generation, low-income, underrepresented students in higher education (Cahalan et al., 2020). The goal of going to college is often imperiled for first-generation, low-income, transfer students…

This study proposed to investigate the financial aid literacy of college students and if differences existed between specific groups. The research examined a causal comparison between students who attended a convocation and who did not, Pell awarded student status, and first-generation college student status. The participants included 58 students…

Higher education costs in the United States have increased by 69% in the last decade. Simultaneously, state legislatures have decreased the level of funding provided to institutions of higher education while states have initiated campaigns to encourage students to obtain a post-secondary education. With increased costs, decreased support, and…

One-third of student loan debt is delinquent or in default, creating a crisis in the United States economy and the lives of the students (Friedman, 2020 U.S. Department of Education, 2019). A more complex story is that of the African American student with default rates five times more than their majority counterparts (Mishory et al., 2019;…

Through the lens of Human Capital theory, the role of financial aid (both amount and type) is explored in the context of student financial stress, and ultimately general student health. Data are taken from a sample of 232 students from a major Midwestern university who were surveyed about their financial attitudes, behavior and knowledge. The…