Journal of Student Financial Aid
Short Title
Investing in Education
Abstract
Through the lens of Human Capital theory, the role of financial aid (both amount and type) is explored in the context of student financial stress, and ultimately general student health. Data are taken from a sample of 232 students from a major Midwestern university who were surveyed about their financial attitudes, behavior and knowledge. The presence and amount of federal loans was associated with self-reported financial stress, and the validated stress measure was further associated with students’ self-reported health. A number of personal life events (i.e. job loss) were also associated with higher stress levels. Implications are discussed.
Recommended Citation
Poplaski, Stephen; Kemnitz, Randy; and Robb, Cliff A.
(2019)
"Investing in Education: Impact of Student Financial Stress on Self-Reported Health,"
Journal of Student Financial Aid: Vol. 48
:
Iss.
2
, Article 3.
DOI: https://doi.org/10.55504/0884-9153.1611
Available at:
https://ir.library.louisville.edu/jsfa/vol48/iss2/3
Included in
Economic Theory Commons, Higher Education Commons, Higher Education Administration Commons