Skip to main content

Financial Stress and the Relative Income Hypothesis Among Black College Students

Abstract

The majority of college students experience financial stress, but not all experience it with the same frequency or intensity. Research suggests Black students experience a greater intensity of financial stress than their White peers do. This study revealed a link between perception of relative consumption and financial stress among 965 Black students at 52 predominantly White colleges and universities in the United States. The relative income hypothesis (RIH) literature offers potential mediators of financial stress. The findings have implications for families, college students, therapists, financial educators, and school administrators.

This is a preview of subscription content, access via your institution.

References

Download references

Funding

The Robert Woods Johnson Foundation (Grant No. 74737) provided funding for this study. The author is independent of the funders.

Author information

Authors and Affiliations

Authors

Corresponding author

Correspondence to Kenneth J. White Jr..

Additional information

Publisher's Note

Springer Nature remains neutral with regard to jurisdictional claims in published maps and institutional affiliations.

Rights and permissions

Reprints and Permissions

About this article

Check for updates. Verify currency and authenticity via CrossMark

Cite this article

White, K.J. Financial Stress and the Relative Income Hypothesis Among Black College Students. Contemp Fam Ther 42, 25–32 (2020). https://doi.org/10.1007/s10591-019-09531-8

Download citation

  • Published:

  • Issue Date:

  • DOI: https://doi.org/10.1007/s10591-019-09531-8

Keywords