Sheraton Uptown, Albuquerque, NM, USA
Sunday, April 23 • 1:00pm - 2:30pm
E1A-Financial Anxiety of First Generation College Students

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Both financial anxiety and first-generation student status have been linked to negative outcomes among college students. Students suffering from financial stress often have higher levels of student loan debt, own more credit cards, work longer hours, and demonstrate higher levels of attrition. First-generation students may prioritize working over academics, and they tend to have lower GPAs and higher rates of attrition. This research examines the predictors of financial anxiety for first-generation and later-generation students using the Roy Adaptation Model and data from a large Midwestern public university. Regression analyses revealed that first-generation student participants had higher levels of financial stress, and that they did not experience the same reduction in stress that their counterparts did as a result of maintaining social connections. Both first-generation and later-generation students' anxiety was significantly associated with levels of perceived mastery, peer financial comparisons, perceptions of income adequacy, gender, subjective financial knowledge, and working status during school.

Speakers & Presenters

Sonya Britt

Associate Professor, Kansas State University

David Jayne

Kansas State University

Derek Potter

Ph.D. Student, Kansas State University

Sunday April 23, 2017 1:00pm - 2:30pm

Attendees (7)