News tagged with financial education

Chinese-Americans don't overborrow, study finds

Bad mortgage loans and rampant consumer debt were two of the primary causes for the recent economic recession in the U.S. Despite a national trend of debt problems, a University of Missouri researcher has found one American ...

Other Sciences / Economics & Business

created Oct 17, 2011 | popularity 5 / 5 (2) | comments 2

Researchers find early savings accounts help low-income kids reach college

Anyone who has saved for a college education, whether for a child or for themselves, can attest it's not easy to put money away. A team of researchers from the University of Kansas and colleagues have shown that when savings ...

Other Sciences / Social Sciences

created Sep 19, 2011 | popularity 5 / 5 (1) | comments 0

Financial education creates positive 'snowball effect'

(PhysOrg.com) -- According to a University of Arizona study, cumulative education leads to more financial knowledge and more positive financial behaviors.

Other Sciences / Economics & Business

created Sep 01, 2011 | popularity not rated yet | comments 2

Chinese households save more than American households, study finds

With the global economy in a state of unrest, saving money seems to be an obvious strategy for households to protect themselves. But are global households saving enough? Researchers at the University of Missouri have compared ...

Other Sciences / Social Sciences

created Aug 11, 2011 | popularity 5 / 5 (1) | comments 2

Study suggests financial aid enhances college success among the most unlikely graduates

Results from an ongoing random assignment study of a private grant program in Wisconsin indicate that low-income students who receive Pell Grants and are unlikely to finish college get a sizeable boost in college persistence ...

Other Sciences / Social Sciences

created Jul 08, 2011 | popularity not rated yet | comments 0

Study says, with counseling and education, there is life after bankruptcy

Although declaring bankruptcy was once thought to be a desperate, when-all-else-fails solution, in this new millennium of economic uncertainty, it has become a common option for people who are in deep debt. The question ...

Other Sciences / Economics & Business

created Feb 23, 2011 | popularity 5 / 5 (1) | comments 0

Financial security of Chinese American households depends on education, researcher finds

As the financial crisis continues, researchers have been focusing more attention on how individuals handle finances at home. Rui Yao, personal financial planning professor in the University of Missouri School of Human Environmental ...

Other Sciences / Economics & Business

created Feb 22, 2011 | popularity not rated yet | comments 0

Pension reform vital to maintaining Canadians' standard of living

As baby boomers retire in greater numbers, serious doubts continue to be raised about the ability of the retirement income system to provide adequate replacement wages for the next generation of Canadians. According to a ...

Other Sciences / Economics & Business

created Oct 01, 2010 | popularity 5 / 5 (2) | comments 0

Researcher says Chinese credit market remains underdeveloped

The Chinese government has made several reforms to its economic policies in recent years. Despite these reforms, a new study shows that Chinese households are not utilizing their credit market to its fullest extent. Rui Yao, ...

Other Sciences / Economics & Business

created Aug 03, 2010 | popularity 5 / 5 (1) | comments 4

When a little knowledge really is dangerous

As the global financial meltdown has revealed, there is no shortage of people who fail to understand their own investments. Perhaps better financial literacy among the public would help many people avoid such ...

Other Sciences / Economics & Business

created Jul 07, 2010 | popularity 3 / 5 (5) | comments 1 | with audio podcast

Study shows simplifying financial aid process improves access to higher education

For years, studies have shown that young people from low-income households across North America are less likely to apply to college or university than peers from higher-income families. Now, a groundbreaking new study shows ...

Other Sciences / Social Sciences

created Sep 23, 2009 | popularity not rated yet | comments 0

Mom and dad as financial advisors

Why are so many students deep in debt before they finish college, only to take on more debt as they begin their careers? The answer may be found by looking at the social forces that shape the attitudes and behaviors of today's ...

Other Sciences / Social Sciences

created Jul 27, 2009 | popularity 5 / 5 (1) | comments 0

U. of I. education expert: Community colleges undervalued, underfunded

Popular culture may have an uncharitable attitude toward community colleges, but a University of Illinois expert in education says they are an underfunded community asset and an invaluable resource for first-generation ...

Other Sciences / Social Sciences

created Jul 14, 2009 | popularity 5 / 5 (1) | comments 0

Finances can shape kids' intentions about college

(PhysOrg.com) -- If college seems too expensive, what is the point of doing homework?

Medicine & Health / Psychology & Psychiatry

created May 12, 2009 | popularity not rated yet | comments 0

New research shows that your looks, creditworthiness may go hand in hand

New research suggests that a person's appearance may play a role in whether they are deemed trustworthy by financial lenders. The study is summarized in a working paper by Jefferson Duarte at Rice University's ...

Other Sciences / Social Sciences

created Mar 12, 2009 | popularity 3 / 5 (4) | comments 3