How Far Have You Looked Into Student Loan Debt

Abstract

Research suggests that college students are taking out increasing amounts of student loans. This has short-term and long-term implications for their finances. As such, it is becoming increasingly important for students to be financially literate. The current IRB-approved study uses a self-administered survey to examine how concerned and aware NKU students are with their student loan debt. The findings are expected to show that students are not very concerned or aware of their student loan debt. These results may suggest that a more comprehensive financial literacy program is needed to help promote students’ financial wellness.