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Financial Knowledge and Financial Education of College Students

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Handbook of Consumer Finance Research

Abstract

This chapter describes previous research about college students’ financial knowledge as well as approaches to teach financial information to this population. It reviews previous research in these two areas and concludes with ideas for future research. This chapter highlights some of the issues found with measurements of students’ financial knowledge and recommends that larger samples and oversampling of specific students groups may be the key to overcome some of these issues. This chapter also highlights the lack of consensus on ideal models for financial education and points to this shortcoming as indicative of a need for more research to determine the success and failure of existing financial education programs.

The original version of this chapter was revised. An erratum to this chapter can be found at DOI 10.1007/978-3-319-28887-1_30

An erratum to this chapter can be found at http://dx.doi.org/10.1007/978-3-319-28887-1_30

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Authors and Affiliations

  1. Department of Financial Planning, Housing and Consumer Economics, University of Georgia, 205 Dawson Hall, 305 Sanford Drive, Athens, GA, 30602, USA

    Brenda J. Cude Ph.D.

  2. Department of Economics, Mike Cottrell College of Business, University of North Georgia, Gainesville Campus, Oakwood, GA, 30566, USA

    Donna Danns Ph.D.

  3. Department of Health and Human Development, Montana State University, P.O. Box 173540, Bozeman, MT, 59717-3540, USA

    M. J. Kabaci Ph.D.

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  1. Brenda J. Cude Ph.D.
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  2. Donna Danns Ph.D.
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  3. M. J. Kabaci Ph.D.
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Correspondence to Brenda J. Cude Ph.D. .

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Editors and Affiliations

  1. Univ of Rhode Island, Transition Center, Department of Human Development and Family Studies,, Kingston, Rhode Island, USA

    Jing Jian Xiao

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Cude, B.J., Danns, D., Kabaci, M.J. (2016). Financial Knowledge and Financial Education of College Students. In: Xiao, J. (eds) Handbook of Consumer Finance Research. Springer, Cham. https://doi.org/10.1007/978-3-319-28887-1_12

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