Lyons, 2003(2), College Students

Financial
Counseling and Planning

The Journal of the
Association for Financial
Counseling and
Planning Education

Volume 14(2), 2003



The
Credit Practices and Financial Education Needs
>
of
Community College Students

 

>

Angela
C. Lyons
[1]
and Jennifer
L. Hunt[2]

This
study examines the credit practices and financial education needs
of community college students. Community college students were found to
have
specific preferences for financial education content and how that
information
should be delivered. Students wish to receive information on financial
assistance and how to become responsible credit consumers. Students
also prefer
to receive financial education in one-on-one discussions, small group
settings
and from financial aid officers. Campus administrators and financial
professionals can apply this information to develop resources that
specifically
address the financial education needs of community college students.
Appropriate financial interventions on community college campuses are
needed to
ensure that these students are not at a financial disadvantage. 

Keywords:  Financial
education, Finances, Credit,
College students


[1]
Angela C. Lyons, Assistant
Professor, Department of Agricultural and Consumer
Economics, University of Illinois at Urbana-Champaign, 429 Mumford
Hall, 1301
West Gregory Drive, Urbana, IL 61801, phone: 217-244-2612, fax:
217-333-5538,
e-mail: anglyons@uiuc.edu

[2]
Jennifer Hunt, Consumer and Family Economics Educator, University of
Illinois
Extension, East Peoria Extension Center, 727 Sabrina Drive, East
Peoria, IL
61611, phone: 309-694-7501, e-mail: jlhunt@uiuc.edu

The authors
graciously acknowledge the assistance
and support of Yvonne Singley, Senior Director for Student &
Instructional
Development at the Illinois Community College Board, and the conference
planning team for the Illinois Community College Student Activities
Association
for providing us with the opportunity to conduct this research.