The Credit Practices and Financial Education Needs of Community College Students

12 Pages Posted: 16 May 2013

See all articles by Angela Lyons

Angela Lyons

University of Illinois at Urbana-Champaign - Department of Agricultural and Consumer Economics

Jennifer Hunt

University of Illinois Extension

Abstract

This study examines the credit practices and financial education needs of community college students. Community college students were found to have specific preferences for financial education content and how that information should be delivered. Students wish to receive information on financial assistance and how to become responsible credit consumers. Students also prefer to receive financial education in one-on-one discussions, small group settings and from financial aid officers. Campus administrators and financial professionals can apply this information to develop resources that specifically address the financial education needs of community college students. Appropriate financial interventions on community college campuses are needed to ensure that these students are not at a financial disadvantage.

Keywords: Financial education, Finances, Credit, College students

Suggested Citation

Lyons, Angela and Hunt, Jennifer, The Credit Practices and Financial Education Needs of Community College Students. Journal of Financial Counseling and Planning, Vol. 14, No. 2, 2003, Available at SSRN: https://ssrn.com/abstract=2265596

Angela Lyons (Contact Author)

University of Illinois at Urbana-Champaign - Department of Agricultural and Consumer Economics ( email )

440 Mumford Hall, 1301 W. Gregory Drive
Urbana, IL 61801
United States
1-217-418-6086 (Phone)

HOME PAGE: http://https://ace.illinois.edu/directory/anglyons

Jennifer Hunt

University of Illinois Extension ( email )

East Peoria Extension Center, IL 61611
United States

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