Financial Stress and the Relative Income Hypothesis Among Black College Students

White, Kenneth J.

doi:10.1007/s10591-019-09531-8

Cited by 17 publications

(11 citation statements)

References 35 publications

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“…Thus, early intervention which is delivered “just‐in‐time” (Kalwij et al ., 2019) is necessary and universities have opportunity to better support students to build financial skills. This might be through offering targeted financial literacy programmes for university students, peer‐to‐peer financial coaching to improve financial behaviour (Britt et al ., 2011) or by establishing student financial wellness centres such as those at University of Missouri and Utah Valley University in the United States (White, 2020) to encourage budgeting and saving. Universities and policy‐makers could also work together to reduce financial stress on university students through promoting programmes and policies that minimise costs to students such as ancillary course fees, student accommodation, textbooks and travel (White, 2020).…”

Section: Discussionmentioning

confidence: 99%

Future Expectations and Financial Satisfaction*

West

Cull

2020

J of App Econs and Policy

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Advances in conceptualisation of financial well-being include factoring future outlook into models, as consumers under financial stress can still expect to be better off in the future. This study applies a financial well-being framework to Australian university students, defining financial well-being to be made up of a set of personal attributes, current money management indicators and expectations about the financial future. We find that being least satisfied with financial situation is associated with higher likelihoods of using short-term credit, not having a financial safety net, not being willing to take financial risks and having negative expectations of the future. The results of this study are useful for educators and policy-makers in designing policies and programmes for university students.

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Section: Discussionmentioning

confidence: 99%

Future Expectations and Financial Satisfaction*

West

Cull

2020

J of App Econs and Policy

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“…Consumption is not only determined by the consumer's current income, but it is also influenced by the level of income compared to that of the past and those around them. According to the relative income hypothesis, the theory actually divides the income structure into current income and past income to examine the relationship between these two types of income on consumption [11,12]. So, when people determine the type of consumption, they are influenced by a combination of current and past income and the income of those around them.…”

Section: Relative Income Hypothesismentioning

confidence: 99%

Analysis of the Impact of Household Tourism Consumption Based on Multilevel Structural Equation Model

Zhang

Cao

2022

Mobile Information Systems

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With the development of the social economy and the improvement of people’s living standards, tourism has become one of the important lifestyles of families. Family tourism is a new trend that will have no small impact on further developing tourism and boosting domestic demand. With tourism activities booming today, family tourism consumption is an area worthy of study. This study examines household tourism consumption using a hierarchical structural equation model to explore the factors influencing the latent variables of income structure, household, and regional characteristics of consumption structure. Further combining these potential variables and their influences, the formation and change of consumption structure were explored using hierarchical structural equation modeling. This is of academic value and theoretical significance in refining the application of the hierarchical structural equation model and enriching the use of latent variable factor analysis in consumption structure research. Finally, based on the characteristics of family tourism consumption and the problems of family tourism, some suggestions are made for the development of tourism.

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“…Discontinuous enrollment refers to when students take gaps between their education to save up money. In fact, 40% of Black students reported that they needed extra time to finish their degree (White, 2020). According to White (2020), 70% of Black students are under financial stress.…”

Section: Lack Of Financial Resources (Poverty)mentioning

confidence: 99%

Too Few Black Male Educators

Jeter

Melendez

2022

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In the United States, schools and universities have too few Black male teachers. Although many factors contribute to this significant problem, one primary factor is the existing lack of Black male educators to serve as role models for Black male students. This literature review captures information from peer-reviewed research, public scholarship sources, and empathy interviews. The purpose of this literature review was to understand the reasons why so few Black males are successful in school and why there are so few Black male students pursuing careers in education. Based on the literature review, the following themes were identified: a lack of financial resources, a lack of a sense of belonging, a lack of role models and mentors, and institutional racism. Colleges need to consider these issues and determine ways to support Black male students in school and encourage them to pursue a career in education. Increasing the number of Black male educators is one central way to increase opportunities among Black students. To change this narrative, one needs to acknowledge the deficit of representation is due to the system itself. Black males are not lacking in achievement. American schools are exclusive and racist in how they provide opportunities for Black males.

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Financial Stress and the Relative Income Hypothesis Among Black College Students

Cited by 17 publications

References 35 publications

Future Expectations and Financial Satisfaction*

Future Expectations and Financial Satisfaction*

Analysis of the Impact of Household Tourism Consumption Based on Multilevel Structural Equation Model

Too Few Black Male Educators

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