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Article
College Debt: An Exploratory Study of Risk Factors Among College Freshmen
Journal of Student Financial Aid (2012)
  • Linda Simpson, Eastern Illinois University
  • Renee Smith, Eastern Illinois University
  • Lisa Taylor, Eastern Illinois University
  • Julie A. Chadd, Eastern Illinois University
Abstract
The goals of this study are to examine the relationships between loan knowledge, money management skills, debt tolerance attitudes, and student income potential to their willingness to incur educational debt at a mid-western university. The current study showed that freshmen students lacked personal and general loan knowledge and had unrealistic expectations of future income at graduation.
Keywords
  • college debt,
  • student loans,
  • money management skills,
  • student income potential,
  • loan knowledge
Disciplines
Publication Date
2012
Citation Information
Linda Simpson, Renee Smith, Lisa Taylor and Julie A. Chadd. "College Debt: An Exploratory Study of Risk Factors Among College Freshmen" Journal of Student Financial Aid Vol. 42 Iss. 1 (2012)
Available at: http://works.bepress.com/julie_chadd/3/