Abstract
This study measures the learning outcomes and reported behavioral changes of students enrolled in a financial literacy course at a metropolitan university. A notable positive outcome is that 42 college students saved an aggregate of $30,198 in one 15-week semester. The average savings per student was $719. Many students began to save regularly, planned to start investing at a younger age, began to budget regularly, and decided that they would avoid the pitfalls of credit cards. The study results provide positive evidence for a possible solution to decrease the nation’s student loan debt, prevent money problems, and increase student retention.
Recommended Citation
(2026)
"The Impact of Teaching Financial Literacy to College Students,"
Journal of Economics and Finance Education: Vol. 16:
Iss.
2, Article 10.
Available at:
https://scholarship.rollins.edu/jefe/vol16/iss2/10
