Program
Teaching M.A.
Year Approved
2018
First Advisor
Martin, Jill
Abstract
There appears to be a severe lack of financial literacy education for young people today. This problem is compounded by the increasing complexity of adult’s financial lives. This is a literature review to analyze current design of financial literacy programs of college students. The goal was to identify training needs, challenges, and key components to include in instruction. In this review, both financial decision-making during school years and after graduation were included. Several key themes emerged including the importance of including relevant math instruction, involving parents, teaching about credit card debt, ensuring students receive adequate financial assistance, and applying knowledge correctly and establishing positive long term behaviors. Financial educators would be well served to have their students complete self-reflection activities and engage students with topics that are relevant to their current situations.
Degree Name
Teaching M.A.
Document Type
Masterʼs thesis
Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-No Derivative Works 4.0 International License.
Recommended Citation
Humphrey, M. B. (2018). Key Components in the Financial Literacy of College Students [Masterʼs thesis, Bethel University]. Spark Repository. https://spark.bethel.edu/etd/308