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dc.contributor.authorMicomonaco, Justin P.en_US
dc.date.accessioned2014-03-14T20:35:04Z
dc.date.available2014-03-14T20:35:04Z
dc.date.issued2003-04-23en_US
dc.identifier.otheretd-05052003-122728en_US
dc.identifier.urihttp://hdl.handle.net/10919/32209
dc.description.abstractA prominent problem for college students today is the rising levels of debt associated with attending college. College students are graduating with more educational debt than ever before. In addition, the use of high-interest credit cards compounds the educational debt they already face by significant amounts. This significant debt has been linked to adverse effects post-graduation in terms of employment, savings and making major purchases. To assist college students with this growing concern, it is necessary to understand their practices, attitudes toward and knowledge of financial management. This study addressed three dimensions of financial management: practices, attitudes and knowledge. I administered a pencil and paper survey to a convenience sample at a large research university in the mid-Atlantic region. The instrument consisted of three scales. The first section measured financial management practices by gathering data about ownership of credit cards and types of debt and the practices that led to these debts. The second section measured participantsâ attitudes toward financial management in terms of their comfort with money management practices. In the last section, items tested the participants' knowledge of personal financial management. The study found that college students continue to assume large amounts of debt during their undergraduate years. Further minorities, women and students from low SES tend to have higher levels of debt. In addition, college students report relatively positive attitudes toward finances, however lack positive attitudes and practices related to future events. Finally, all college students continue to score poorly on measures of knowledge about financial management.en_US
dc.publisherVirginia Techen_US
dc.relation.haspartMicomonacoETD.pdfen_US
dc.rightsI hereby certify that, if appropriate, I have obtained and attached hereto a written permission statement from the owner(s) of each third party copyrighted matter to be included in my thesis, dissertation, or project report, allowing distribution as specified below. I certify that the version I submitted is the same as that approved by my advisory committee. I hereby grant to Virginia Tech or its agents the non-exclusive license to archive and make accessible, under the conditions specified below, my thesis, dissertation, or project report in whole or in part in all forms of media, now or hereafter known. I retain all other ownership rights to the copyright of the thesis, dissertation or project report. I also retain the right to use in future works (such as articles or books) all or part of this thesis, dissertation, or project report.en_US
dc.subjectFinancial Managementen_US
dc.subjectKnowledgeen_US
dc.subjectPracticesen_US
dc.subjectAttitudesen_US
dc.subjectCollege Studentsen_US
dc.titleBorrowing Against the Future: Practices, attitudes and knowledge of financial management among college students.en_US
dc.typeThesisen_US
dc.contributor.departmentEducational Leadership and Policy Studiesen_US
dc.description.degreeMaster of Artsen_US
thesis.degree.nameMaster of Artsen_US
thesis.degree.levelmastersen_US
thesis.degree.grantorVirginia Polytechnic Institute and State Universityen_US
thesis.degree.disciplineEducational Leadership and Policy Studiesen_US
dc.contributor.committeechairHirt, Joan B.en_US
dc.contributor.committeememberMuffo, John A.en_US
dc.contributor.committeememberHayhoe, Celia Rayen_US
dc.identifier.sourceurlhttp://scholar.lib.vt.edu/theses/available/etd-05052003-122728/en_US
dc.date.sdate2003-05-05en_US
dc.date.rdate2003-05-22
dc.date.adate2003-05-22en_US


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