College-Based Personal Finance Education: Student Interest in Three Delivery Methods

Abstract

Using online survey responses from 509 undergraduate students, three financial education methods (on-campus financial counseling center, online financial management resources, and in-person educational workshops) were examined. Using a social constructionist framework, the analysis controlled for various demographic and financial factors. The results of three logistic regressions indicated that having taken a personal finance course was positively associated with interest in all three delivery methods. Having higher debt, being African American, and believing that finances will affect college completion were positively associated with at least one but not all three delivery methods. Recommendations for implementing financial education programming for college students are provided.

Keywords: college students, financial education, financial literacy