The State of Student Finances 2018 Results from a Multi-Year Assessment
higher education students, financial status and behavior
Since the spring of 2016, Inceptia has collected survey data from college and university students across the country in order to better understand financial behaviors. Analyzing the choices that students make about money, the steps they take to be financially well, or the ways in which they view their own competency, can provide a valuable baseline regarding their levels of financial capability. In addition, it can better inform the learning objectives and areas of focus for financial education programming, aligning our efforts to meet the needs of our students. This brief discusses the results of data from over 60,000 respondents weighing in on a number of topics that initially self-rates their financial knowledge and then asks key questions regarding saving, protecting and preparing to determine the degree of disparity between perceived knowledge and applied behaviors.