ERIC Number: ED625725
Record Type: Non-Journal
Publication Date: 2022-Oct
Pages: 4
Abstractor: ERIC
ISBN: N/A
ISSN: N/A
EISSN: N/A
Too Far for Comfort: The Gap between Postsecondary Students' Financial Well-Being and Help-Seeking. Spotlight Report Brief
Knaff, Cassandra; Fletcher, Carla; Cornett, Allyson
Trellis Company
Postsecondary students face a myriad of complex financial decisions and tasks, such as financing their education, choosing a major with a return on investment, budgeting, and crafting repayment strategies for credit card and student loan debt(s). With respect to student loans, many borrowers feel "burdened by the repayment process" and express regret for having borrowed so much. Understanding students' utilization and attitudes when receiving assistance with financial decision-making can serve as a first step when evaluating on- and off-campus financial services. This brief examines data from 45,624 students at 104 higher education institutions that participated in Trellis' Fall 2021 Student Financial Wellness Survey (SFWS) with a focus on students' comfort discussing financial situations with others and students' monetary discussions with financial aid advisors. [For "Student Financial Wellness Survey: Fall 2021 Semester Results. National Aggregate Report," see ED625724.]
Descriptors: Undergraduate Students, Paying for College, Money Management, Student Loan Programs, Loan Repayment, Decision Making, Student Financial Aid, Well Being, Help Seeking, Gender Differences, Two Year College Students, First Generation College Students, Child Rearing, Parents, Peer Relationship, Debt (Financial), Parent Child Relationship, Professional Personnel, School Personnel, Student Attitudes
Trellis Company. 301 Sundance Parkway, Round Rock, TX 78681. Tel: 800-252-9743; e-mail: communications@trelliscompany.org. Web site: http://www.trelliscompany.org/about-trellis/
Publication Type: Reports - Research
Education Level: Higher Education; Postsecondary Education; Two Year Colleges
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: Trellis Company
Grant or Contract Numbers: N/A