College student interest in personal finance education

Authors

  • Christine Harrington Assistant Professor of Finance, Department of Business Administration, College of Business
  • Walter Smith Associate Professor of Accounting, School of Accountancy, College of Business, Auburn University at Montgomery

DOI:

https://doi.org/10.61190/fsr.v25i4.3227

Keywords:

College student, Demand;, Personal finance education, Financial literacy

Abstract

This study investigates demand for investing in financial literacy while in college using survey responses from a cross-section of students at a medium-size, private university. Results indicate that student interest in personal finance education is largely a function of perceived return, time cost, financial independence, and gender where female students have relatively more interest. Income, patience in consumption, credit experience, numerical ability, and other factors are not consistently significant to demand. The results support offering learning opportunities for individual personal finance topics in addition to a personal finance course.

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Published

2016-12-30

How to Cite

Harrington, C., & Smith, W. (2016). College student interest in personal finance education. Financial Services Review, 25(4), 351–372. https://doi.org/10.61190/fsr.v25i4.3227

Issue

Vol. 25 No. 4 (2016): Winter 2016

Section

New Original Submission

License

Copyright (c) 2014 Academy of Financial Services

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