Student Loans and Financial Satisfaction: The Moderating Role of Financial Education

Autor/inn/en	Kim, Kyoung Tae; Lee, Jae Min; Lee, Jonghee
Titel	Student Loans and Financial Satisfaction: The Moderating Role of Financial Education
Quelle	In: Journal of Financial Counseling and Planning, 32 (2021) 2, S.266-279 (14 Seiten) PDF als Volltext kostenfreie Datei Verfügbarkeit
Zusatzinformation	ORCID (Kim, Kyoung Tae) ORCID (Lee, Jae Min) ORCID (Lee, Jonghee)
Sprache	englisch
Dokumenttyp	gedruckt; online; Zeitschriftenaufsatz
ISSN	1052-3073
Schlagwörter	Student Loan Programs; Satisfaction; Money Management; Predictor Variables; College Graduates; Consumer Education; Income + Suchen Sie Ihr Suchwort? Zufriedenheit; Prädiktor; Hochschulabsolvent; Hochschulabsolventin; Konsumerziehung; Einkommen
Abstract	We examined the relationship between holding a student loan and financial satisfaction and financial education's moderating role using the 2015 National Financial Capability Study dataset. Households with a student loan had lower levels of financial satisfaction than those without one. We found a moderating role of receiving both formal and informal financial education on the relationship between a student loan and financial satisfaction, regardless of for whom the loans were taken. Our findings confirm the importance of financial education and suggest that receiving a thorough combination of formal and informal education will improve student loan holders' financial satisfaction. (As Provided).
Anmerkungen	Association for Financial Counseling and Planning Education. 1500 West Third Avenue Suite 223, Columbus, OH 43212. Tel: 614-485-9650; Fax: 614-485-9621; Web site: https://connect.springerpub.com/content/sgrjfcp
Erfasst von	ERIC (Education Resources Information Center), Washington, DC
Update	2024/1/01