This Narrative Analysis examines the complex connection between financial literacy and the experiences of first-generation low-income students attending a public Historically Black College and University (HBCU). Given the rising expenses associated with higher education, students who are the first in their families to pursue postsecondary…

There has been a lack of consensus among researchers and practitioners about how to define financial literacy, but there is agreement that financial education changes depending on the stage of life to which people belong. This study provides consensus on what topics are considered a part of financial literacy specifically for traditional aged…

This research study aspired to establish a platform for African American college students to express their perspectives and encounters regarding their background and socioeconomic status, and how these factors have influenced their financial awareness. The endeavors aimed to provide insights that could be advantageous for future Black college…

Student loan debt in the United States exceeds $1.5 trillion. The enormity of student loan debt has received extensive media attention, with reports presenting the sheer mass of student loan debt as a national crisis. Borrowing patterns among undergraduates indicate that this is a pronounced issue among Black students who are more likely to…

Undergraduate students are a vulnerable population faced with college costs and a lack of financial management knowledge, issues that have led to high student debt, failure to repay this debt, and sometimes dropping out of college. Facing these financial matters often serves as a leading source of stress, which, according to Selye's stress theory,…

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…