Literature Review Blog #1

Citation

Bennett, Doris, Cynthia McCarty, and Shawn Carter. "THE IMPACT OF FINANCIAL STRESS ON ACADEMIC PERFORMANCE IN COLLEGE ECONOMICS COURSES."Academy of Educational Leadership Journal 19.3 (2015): 25-30. ProQuest. Web. 7 Mar. 2016.

Summary

This article is about a study done on an Economics class, analyzing the effect of the students' stress about financial matters on their academic achievement. The study found a statistically significant link between financial stress and academic performance. 

Authors

Dr. Doris Bennet, Dr. Cynthia McCarty, and Shawn Carter are all Economics professors at Jacksonville State University

Key Terms

financial stress- found in 83% of the students questioned, showed a statistically significant link to academic performance

academic performance- found to be influenced by a number of factors: gender, parental education, GPA, ACT score, and financial stress, along with others

Quotes

"Students who were worried about paying for college averaged 4.5 percentage points lower in class grades than students who were not worried about paying for college." (pg 29)

"A significantly higher proportion of the stressed students with lower scores were women, minorities, and first-generation college students, groups with below average rates of college attendance. Working more hours to meet financial obligations, they have less time to study, which has a negative impact on their academic performance." (pg 29)

"Several studies found that financially stressed students were more likely to be employed and work longer hours, leaving less time for study. Financially stressed students were more likely to drop courses and less likely to graduate. (Welbeck et al, Kara et al, Trombitas)."(pg 26)

Value

This study will really help me to state the argument that through privatization raising tuition, and creating the need for student loans and the accompanying debt, students are affected negatively stress-wise, and therefor, affecting their academic performance.