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Concerns that debt loads and other financial worries negatively affect student wellness are a top priority for many university administrators. Factors related to financial stress among college students were explored using the Roy Adaptation Model, a conceptual framework used in health care applications. Responses from the 2010 Ohio Student Financia...
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... stress is a concern because of the negative health outcomes associated with increased levels of stress. Therefore, as researchers examine factors related r to the likelihood of reporting financial stress, it may be useful to turn to a health care model. The Roy Adaptation Model (RAM), see Figure 1, is a well well-known known theoretical framework for designing nursing intervention for patients (Rice, 2011). . Under this framework, the patient is viewed as an adaptive system that manages external or internal stimuli through control processes and effectors (coping coping mechanisms mechanisms) and the output is either adaptation (health) or ineffective responses (illness) (Roy, 1970, 1984; Roy & Roberts, 1981). . Since the details of the RAM are discussed in the nursing context, the specific, technical features of the model will not be discussed here. For a detailed coverage of the model, interested readers are referred to Roy and Andrews ...
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Financial stress and self-efficacy are examined in relationship to college students’ financial help-seeking behavior utilizing Grable and Joo’s (1999) framework. A cognitive approach is taken by focusing on the moderating role of financial self-efficacy on the relationship between financial stress and financial help-seeking. Data from the 2010 Ohio...
Citations
... (Heckman et al., 2014;Jones et al., 2021). This stress can impact students' academic performance, social functioning, and overall well-being(Moore et al., 2021). ...
This study aimed to investigate the influence of academic stress on the eating behavior problems of 297 college students at San Agustin Institute of Technology during the second semester of the academic year 2022-2023. The researchers employed a quantitative approach using a descriptive-correlational research design. Specifically, this study determined the level of academic stress and the level of eating behavior problems of the respondents; examined if academic stress has a significant relationship with eating behavior problems; and investigated the influence of academic stress on the eating behavior problems of college students. The researchers adapted a questionnaire from the Survey of College Academic Stressors (SCAS) which was administered to measure stress-related academic factors while eating behavior was assessed using the Adult Eating Behavior Questionnaire (AEBQ). These two questionnaires were validated and reliability-tested with a Cronbach’s alpha of .972, which means reliable. Frequency count and percentage, mean, standard deviation, Pearson r product-moment correlation analysis, and multiple regression analysis were used to treat the data. The results indicated that the level of academic stress experienced by the college students is “moderate” while their level of eating behavior problems is “high”. The results further revealed that respondents’ academic stress is associated with their eating behavior problems. Subsequently, academic stress especially in terms of teacher-related factors contributes to their eating behavior problems. That the more college students experienced teacher-related stressors, the more they engaged in unfavorable eating behavior. This finding underscores the critical role of the teacher-student dynamic in shaping college students' well-being beyond academics. Addressing teacher-related factors contributing to academic stress may offer a promising avenue for interventions aimed at mitigating eating behavior problems among students, fostering a healthier educational environment.
... Based on a thorough literature review, we adjusted for potential confounders, including for socio-demographic variables, study-related factors, and social interactions [e.g]. [59][60][61][62] The first change in the financial situation refers to the comparison between the financial situation at the time point of the survey and before the pandemic, whereas the second change refers to the comparison between the financial situation at the time point of the survey (autumn 2021) and the first wave of COVID-19 (spring 2020). ...
Background
The COVID-19 pandemic has had a major impact on students’ financial situation as well as on their mental health.
Aim
To examine the reported change in the financial situation of German university students before and across two time points of the COVID-19 pandemic and to evaluate its associations with anxiety and depressive symptoms.
Methods
We used data from the cross-sectional COVID-19 German Student Well-being Study conducted at five German universities (N = 7203). Linear regression models were used to analyze associations between a reported change in financial situation and anxiety and depressive symptoms.
Results
Twenty-eight percent of the participants reported to have a worsened financial situation at the time of the survey compared to the time prior to the pandemic. A worsened financial situation at the time of the survey as compared to prior to the pandemic was associated with higher levels of anxiety and depressive symptoms reported in all three depression and anxiety scales [a 1.46 point increase on the CES-D 8 scale (95% confidence interval (CI): 1.19; 1.73), a 0.37-point increase in PHQ-2 (95% CI: 0.28; 0.46), and a 0.45-point increase in GAD-2 (95% CI: 0.35; 0.55)]. An improved financial situation, on the other hand, was associated with lower levels of anxiety and depressive symptoms. As for the second change, comparing the current financial situation with the situation during the first wave of the pandemic, the associations with anxiety and depressive symptoms were broadly similar.
Conclusion
Our findings suggest that students are a vulnerable population in need of mental and financial support during times of crisis. Future research is needed to obtain insights into potential long-term effects of the pandemic on students’ mental health.
... In a multisite study by Heckman et al. (2014), approximately 70% of college students expressed experiencing stress about their finances. Williams (2014) argues that the more loans students have, the worse their mental health will be. ...
Purpose
This paper aims to identify the factors that influence students' mental health, particularly in the context of MBA students passing through an emotional phase of the placement season.
Design/methodology/approach
A conceptual model through literature has been proposed. To test the proposed model of this study, a survey was conducted among the students of three MBA institutes of national reputation in India. The study's hypotheses were investigated using partial least squares-structural equations modeling and analysis of variance. To corroborate the findings of the survey data, a qualitative study in the form of open-ended interviews with five students was conducted.
Findings
The study revealed that female students, non-engineering graduates and students from non-family business backgrounds undergo stress, anxiety and depression higher than their classmates. Cumulative grade point average and bank loans do not significantly affect students' stress, anxiety and depression during the placement season. It was found that the increase in the levels of mindfulness scores led to a significant negative impact on stress, anxiety and depression among the students.
Originality/value
There is a gap in the literature that addresses the mental health of MBA students during campus job placements and the role of mindfulness in mitigating stress, anxiety and depression in these students. This research attempts to fill these research gaps.
... 6 Students at Historically Black Colleges and Universities (HBCUs) and at Predominantly Black Institutions (PBIs) are more likely to experience basic need insecurities and financial strain than those at Predominantly White Institutions (PWIs), placing them at risk for physical and mental health conditions requiring services. [10][11][12][13][14][15][16] Given this risk, access to health services is particularly important for students at HBCUs and PBIs. ...
... Financial stress has been found to be a more significant and intense stressor for Black students compared to their White peers. 11,[14][15][16] Intersectionality between race and poverty experienced by Black students potentiates poor health outcomes and health inequities that arise out of multiple forms of oppression. 2,13 Because of the financial barriers associated with accessing health services, many young adults avoid seeking and obtaining health services. ...
Introduction: Student health services are associated with improved health outcomes and academic success, particularly among under-resourced college populations. This study compared student health services at Historically Black Colleges and Universities (HBCUs) and Predominantly Black Institutions (PBIs) and identified factors associated with the availability of comprehensive health services (CHS).
Methods: We conducted a secondary analysis of 2022 data from the Integrated Postsecondary Education Data System (IPEDS), the Minority Serving Institutions (MSIs) Directory, and the websites of HBCUs and PBIs (n=167). Bivariate and multivariate logistic regression analyses were undertaken to identify institutional variables associated with providing CHS. Institutional variables included college type (public vs. private), MSI category (HBCU vs. PBI), undergraduate enrollment, location, and proportion of Pell grant recipients.
Results: Approximately 13% of HBCUs and 26% of PBIs offered no student health services; 65% of HBCUs and 39% of PBIs offered on-campus CHS with prescribing providers. Four-year HBCUs were five times more likely than 4-year PBIs to have CHS (p=0.014). Institutions with more Pell Grant recipients were less likely to offer CHS.
Conclusions: Access to health care is an important social determinant of health, academic persistence, and achievement for college students. HBCUs were significantly more likely than PBIs to offer CHS. HBCUs are more likely than PBIs to have resources from federal funding, donors, and endowments that may support the development of student health centers and services. Increased funding for PBI health centers could improve access and promote health equity among the most vulnerable student populations.
... According to research [4], college students are more likely to experience financial anxiety, which can negatively affect not only on their financial behavior but also on their academic performance and overall well-being. According to research [5], a significant proportion of college and university students report experiencing financial stress. According to Heckman et al., 71% of students reported feeling anxious as a direct consequence of their personal financial difficulties [5]. ...
... According to research [5], a significant proportion of college and university students report experiencing financial stress. According to Heckman et al., 71% of students reported feeling anxious as a direct consequence of their personal financial difficulties [5]. Another study revealed that financial concerns are among the leading sources of stress for college freshmen. ...
This study examined the effects of financial stress, parental expectation and test anxiety on suicidal ideation in pre-medical students. For this purpose, a cross-sectional research design was used, and data were collected through a non-probability sampling technique. The sample consisted of 425 pre-medical students. Our results indicate a strong and positive association between parental expectation and suicidal ideation (β = 0.272; t = 3.573; p < 0.000). Likewise, entrance test exam anxiety has a positive association with suicidal ideation among pre-medical students (β = 0.394; t = 3.933; p < 0.000). Lastly, there is a significant and positive association between financial threat and suicidal ideation (β = 0.185; t = 2.539; p < 0.011). The findings of the study emphasize the importance of implementing preventative measures to address the mental health issues faced by pre-medical students, with the ultimate goal of creating an environment conducive to their comprehensive development and academic success.
... Money was commonly identified as a subset of life skills. Two common sources of financial stress for college students include expectations of high student loan debt upon graduating and not being able to afford the activities of peers (Heckman et al., 2014). Butterbaugh et al., (2020) posited that assets such as financial socialization from parents can assist with emerging adults' financial independence. ...
This research identified college students’ definitions of independence as well as topics they wish parents had discussed with them prior to college. Applying the theory of emerging adulthood to understand college students’ construal of independence, participants included 117 emerging adults, aged 18–25. Utilizing inductive coding to categorize participants’ open-ended responses from an online questionnaire, most emerging adults conceptualized independence in terms of self-reliance or freedom, and this was examined through the lens of social construction theory. The majority reported they felt their parents communicated what was necessary regarding independence with them before college. For those who did not, however, life skills and expectations were two of the topics students most wished parents would have communicated prior to college. Implications and suggestions are provided.
... Guardians of the students were distressed due to a decrease in family income by 35 per cent (Worthy, Jonkman & Blinn-Pike, 2010;Heckman, Lim & Montalto, 2014;Conger et al., 1993a) eventually leading to disturbed relationships among parents (Richardson et al., 2013;Meltzer et al., 2013) and students. American Psychological Association (2015) points out the stress of not taking care of health due to financial burden, whereas a protective factor could be financial literacy (Letkiewicz & Fox, 2014). ...
... Another proposition about financial anxiety and meaning in life as the predictors of academic self-efficacy stood out to be valid and defended by researchers ("Heckman, Lim & Montalto, 2014;Richardson et al, 2013;Meltzer et al., 2013;Klontz et al., 2011"). As financial anxiety predicts academic self-efficacy negatively, this elucidated the financial stress which impacted the collegiate students. ...
Global responses have been drawn from debilitating "Covid-19" which was unprecedented. Social, psychological and mental health were tremendously impacted. People had succumbed to loss of hope, optimism and meaning in life. Assessing the situation, this research focuses on exploring the influence of financial anxiety and meaning in life on academic self-efficacy using bivariate analysis with multiple regression. In the present research, the sample comprised of 390 participants from different streams with 120 males and 270 female aged 18 to 22 years which were recruited from Delhi-NCR. Also, the reliability was checked through Cronbach alpha whereas the convergent and discriminant validity was checked through Pearson correlation. Hence, the data was not compromised with respect to its reliability and validity as both came out to be sound and reliable. As hypothesized, results showed that financial anxiety and meaning in life showed a combined influence on academic self-efficacy, while financial anxiety influenced academic self-efficacy negatively, however, there was a "positive prediction of meaning in life on academic self-efficacy." The theoretical and methodological implications of this work are thereby discussed in the paper which elucidates about the "ameliorating effects of meaning in life on academic self-efficacy as it also acts as a buffer against stress or financial anxiety.
... Differentiating these was beyond the scope of this research; nevertheless, our study captures the overall trend in a student population's experience of their financial situation since 2018, irrespective of their material circumstances. Critically, with perceived financial stress itself shown to be important not only for a student's mental health [36] but for social integration [50], academic progress and attrition [40,51,52], it points to valuable opportunities for public health intervention. ...
Growing concern for the mental health and wellbeing of higher education students has been linked to increasing financial pressures associated with studying at university, a factor potentially magnified by the recent global pandemic and economic downturn. With limited longitudinal research to date, this study used cross-sectional survey data collected annually at a large UK university (n = 10,876) to examine overall trends in students’ experience of financial stress between 2018 and 2022. Logistic regression investigated changes in students’ self-reported financial stress across the four-year period, adjusting for variation in survey response rates and respondent characteristics. Our findings showed a 55% increase in students reporting financial stress (OR = 1.55, 95% CI = 1.29–1.86) compared to none between 2018 and 2022. With the exception of 2020 and the early stages of the COVID-19 pandemic, the proportion of students experiencing financial stress increased each year. At a time of economic uncertainty, policymakers need to ensure appropriate advice, support, and funding frameworks are in place to ensure all students can continue to study successfully. Ongoing research should robustly examine the links between financial circumstances, mental health, and academic outcomes, to clearly identify intervention opportunities for relieving financial stress.
... A lack of financial well-being can raise financial anxieties and make a person suffer. Research suggests that a deficiency of financial resources, especially when compared with one's peers, is considered a primary source of financial stress (Heckman et al., 2014). Generally, a lack of financial well-being has been conceptualized as financial stress in the extant literature (Prawitz et al., 2006). ...
The study aims to investigate the relationship between financial
well-being and financial stress while examining the moderating role of gender.
The study uses a survey method, and data were collected in Kashmir Province
of Jammu and Kashmir, northern India, from 168 respondents selected on a
convenience sampling basis. The results strongly supported the hypothesised
model and have put forth evidence that financial well-being has a negative
impact on financial stress and that this relationship is moderated by gender.
The study has important implications for academia, future researchers,
governments, and policymakers aiming at improving their citizens’ quality
of life, health, and well-being, a key sustainable development goal, and the
ultimate goal of the Transformative Consumer Research Agenda.
... 9 College students are at an increased risk of financial strain. 10 The COVID-19 pandemic has had a negative impact on the financial experiences of many young adults. A study examining the financial effect of COVID-19 on college students found that about 40% of students reported that their financial status had worsened due to COVID-19 and over 75% reported that they had lost their job or had their hours reduced due to COVID-19. ...
Objective: This study examined the associations between COVID-19-related financial strain and the stress, mental health, physical health symptoms, and health behaviors of American university students. Participants: Online data were collected from 485 participants between May 2020 and March 2021. Participants were majority female and majority white. Methods: Participants reported on stress (COVID-19 health stress and work stress), mental health (depression, anxiety, loneliness, social support, and subjective well-being), physical health symptoms, and health behaviors (sleep latency, alcohol consumption, alcohol coping, other substance use, exercise, COVID-19 health behaviors). Results: Both Pearson's correlations and Bayesian correlation indicated more stress and worse mental health, health symptoms, and health behaviors for students who experienced more financial strain. Conclusion: Pandemic-related financial strain could have enduring negative effects for students, many of whom already experience financial challenges. This work highlights a need to allocate resources to promote college student health during and after the COVID-19 pandemic.
