{"id":{"repo_id":"vt","oai_identifier":"oai:vtechworks.lib.vt.edu:10919/32209"},"canonical_url":"https://search.dev.ndltd.org/etd/vt/oai:vtechworks.lib.vt.edu:10919/32209","repository":{"repo_id":"vt","name":"Virginia Tech","base_url":"https://vtechworks.lib.vt.edu/oai/request"},"display":{"title":"Borrowing Against the Future: Practices, attitudes and knowledge of financial management among college students","abstract":"A 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 participants' 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.","abstract_html":"A 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 participants' 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.","abstract_has_math":false,"creators":["Micomonaco, Justin P."],"institution":"Virginia Tech","degree_name":"Master of Arts","degree_level":"masters","degree_discipline":"Educational Leadership and Policy Studies","degree_department":"Educational Leadership and Policy Studies","school":null,"contributors":[],"advisors":[],"committee_chairs":["Hirt, Joan B."],"committee_members":["Muffo, John A.","Hayhoe, Celia Ray"],"year":2003,"date_issued":"2003-04-23","date_published":"2003-04-23","updated_at":"2026-07-24T05:56:34Z","subjects":["Financial Management","Knowledge","Practices","Attitudes","College Students"],"languages":[],"rights":["In Copyright"],"rights_urls":["http://rightsstatements.org/vocab/InC/1.0/"],"identifier_entries":[{"key":"dc:identifier.other","label":"Dc Identifier Other","values":["etd-05052003-122728"],"render_values":[{"text":"etd-05052003-122728","href":null,"code":true}]}]},"links":{"outbound_url":"http://hdl.handle.net/10919/32209","outbound_label":"Handle","outbound_source":"dc:identifier.uri"},"metadata_groups":[{"id":"people","label":"People","entries":[{"key":"dc:contributor.committeechair","label":"Committee Chair","values":["Hirt, Joan B."]},{"key":"dc:contributor.committeemember","label":"Committee Member","values":["Muffo, John A.","Hayhoe, Celia Ray"]},{"key":"dc:contributor.department","label":"Department","values":["Educational Leadership and Policy Studies"]},{"key":"dc:creator","label":"Author","values":["Micomonaco, Justin P."]}]},{"id":"academic_context","label":"Academic Context","entries":[{"key":"dc:date.accessioned","label":"Dc Date Accessioned","values":["2014-03-14T20:35:04Z"]},{"key":"dc:date.available","label":"Dc Date Available","values":["2014-03-14T20:35:04Z","2003-05-22"]},{"key":"dc:date.issued","label":"Date","values":["2003-04-23"]},{"key":"dc:publisher","label":"Institution","values":["Virginia Tech"]},{"key":"dc:type","label":"Dc Type","values":["Thesis"]},{"key":"thesis:degree_discipline","label":"Discipline","values":["Educational Leadership and Policy Studies"]},{"key":"thesis:degree_level","label":"Degree Level","values":["masters"]},{"key":"thesis:degree_name","label":"Degree Name","values":["Master of Arts"]},{"key":"thesis:institution_name","label":"Thesis Institution Name","values":["Virginia Polytechnic Institute and State University"]}]},{"id":"subjects_keywords","label":"Subjects and Keywords","entries":[{"key":"dc:subject","label":"Dc Subject","values":["Financial Management","Knowledge","Practices","Attitudes","College Students"]}]},{"id":"language_rights","label":"Language and Rights","entries":[{"key":"dc:rights","label":"Dc Rights","values":["In Copyright"]},{"key":"dc:rights.uri","label":"Rights URI","values":["http://rightsstatements.org/vocab/InC/1.0/"]}]},{"id":"identifiers","label":"Identifiers","entries":[{"key":"dc:identifier.other","label":"Dc Identifier Other","values":["etd-05052003-122728"]},{"key":"dc:identifier.uri","label":"Identifier URI","values":["http://hdl.handle.net/10919/32209"]}]},{"id":"additional","label":"Additional Metadata","entries":[{"key":"dc:description.abstract","label":"Abstract","values":["A 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 participants' 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."]},{"key":"dc:description.degree","label":"Dc Description Degree","values":["Master of Arts"]},{"key":"dc:title","label":"Title","values":["Borrowing Against the Future: Practices, attitudes and knowledge of financial management among college students"]}]}],"canonical_facts":{"dc:contributor.committeechair":["Hirt, Joan B."],"dc:contributor.committeemember":["Muffo, John A.","Hayhoe, Celia Ray"],"dc:contributor.department":["Educational Leadership and Policy Studies"],"dc:creator":["Micomonaco, Justin P."],"dc:date.accessioned":["2014-03-14T20:35:04Z"],"dc:date.available":["2014-03-14T20:35:04Z","2003-05-22"],"dc:date.issued":["2003-04-23"],"dc:description.abstract":["A 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 participants' 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."],"dc:description.degree":["Master of Arts"],"dc:identifier.other":["etd-05052003-122728"],"dc:identifier.uri":["http://hdl.handle.net/10919/32209"],"dc:publisher":["Virginia Tech"],"dc:rights":["In Copyright"],"dc:rights.uri":["http://rightsstatements.org/vocab/InC/1.0/"],"dc:subject":["Financial Management","Knowledge","Practices","Attitudes","College Students"],"dc:title":["Borrowing Against the Future: Practices, attitudes and knowledge of financial management among college students"],"dc:type":["Thesis"],"thesis:degree_discipline":["Educational Leadership and Policy Studies"],"thesis:degree_level":["masters"],"thesis:degree_name":["Master of Arts"],"thesis:institution_name":["Virginia Polytechnic Institute and State University"]},"updated_at":"2026-07-24T05:56:34Z"}