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What is the impact of the financial crisis on students' learning in terms financial stress? 


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The financial crisis significantly impacts students' learning by increasing financial stress. Studies reveal that financial burdens lead to lower grades, fewer credit hours, interruptions in academics, and heightened stress related to personal finances. The crisis influences students' decisions to pursue higher qualifications and affects their career prospects. Additionally, the crisis prompts changes in financial coping behaviors, emphasizing the importance of developing financial decision-making skills among students. Greek students facing economic crises show a high level of knowledge in economic and financial concepts, indicating a deep interest in understanding the causes and solutions to economic challenges. Overall, the financial crisis exacerbates financial stress among students, impacting their academic performance and future prospects.

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The financial crisis in Greece moderately affects university students' learning and career prospects, with increased stress on acquiring higher qualifications beyond a Bachelor's degree.
The financial crisis impacted college students' financial strain and coping behaviors, highlighting the need to enhance their financial decision-making skills for future financial well-being.
Open accessJournal ArticleDOI
Mohammed Usman, Ameena Banu 
01 Jan 2019
2 Citations
Financial stress negatively impacts students' academics, leading to lower grades, fewer credit hours, interruptions in studies, and increased personal finance-related stress, ultimately affecting academic performance.
The financial crisis due to the pandemic significantly impacts students' learning by causing financial stress, affecting their psychological well-being and academic performance.

Related Questions

How financial stress can affect the academic performances of students?4 answersFinancial stress can have a negative impact on the academic performance of students. Factors such as tuition fee dues, borrowing loans, and financial conditions within the family are associated with increased financial stress among students. This stress can affect a student's ability to concentrate, adapt, and communicate during lessons, leading to decreased performance in online learning environments. Additionally, financial stress can create family conflicts, which further contribute to negative outcomes in terms of student positivity and academic achievement. It is important for universities to provide a supportive learning environment and counseling services to help students cope with financial stress and develop positive perceptions of academic pressure. By addressing financial stress and its associated factors, students can have a better chance of maintaining their academic performance and overall well-being.
How does financial stress affect students’ academics?4 answersFinancial stress has been found to have a significant impact on students' academic outcomes. It has been shown to be a predictor of several academic outcomes, explaining more variance than other financial and demographic variables. Students experiencing financial stress are more likely to have reduced course work, drop out, or take a break from their studies. Additionally, financial stress has been found to have a negative relationship with students' positivity and academic achievement. Family conflicts have been identified as a partial mediator between financial stress and students' positivity and academic achievement. Factors such as gender, living status, borrowing loans, and tuition fee dues have also been associated with financial stress among students. Overall, financial stress has a strong impact on students' participation in academic and personal activities, highlighting the need for support and interventions to address this issue.
How does financial hardship affect students' ability to learn?4 answersStep 1: Answer without citation Financial hardship negatively impacts students' sense of belonging, academic performance, and mental health, leading to reduced academic engagement and social integration. It also affects the ability to identify students in need of financial support, as traditional subjective assessments may not reflect the true situation. Step 2: Finding Citations - Financial hardship negatively impacts students' sense of belonging, academic performance, and mental health, leading to reduced academic engagement and social integration. - It also affects the ability to identify students in need of financial support, as traditional subjective assessments may not reflect the true situation. Step 3: Answer with citation Financial hardship negatively impacts students' sense of belonging, academic performance, and mental health, leading to reduced academic engagement and social integration. It also affects the ability to identify students in need of financial support, as traditional subjective assessments may not reflect the true situation.
What are the effects of financial stress on students?4 answersFinancial stress has several negative effects on students. It can lead to delays in major life milestones such as buying a car or house, getting married or starting a family, and having children. Financial stress is also associated with avoiding medical and mental health care, with some students experiencing health crises they cannot afford while in school. Additionally, financial stress is linked to increased time spent thinking about finances, higher rates of depression and anxiety symptoms, and decreased sleep. Students who experience financial stress may also have lower goal commitment, academic engagement, and persistence, and are more likely to drop out, stop out, or reduce their course loads. Financial stress can influence students' decisions to reduce course work, drop out, or take a break from their studies. However, financial stress does not appear to directly impact academic achievement.
What are the effects of financial stress on students' academic performance?4 answersFinancial stress has been found to have a negative impact on students' academic performance. It has been associated with lower goal commitment, academic engagement, and persistence, as well as increased likelihood of dropping out, reducing course loads, and extended time to degree. Factors such as gender, living status, borrowing loans, and tuition fee dues have been identified as associated factors with financial stress. Females were found to be less likely to be financially stressed compared to male students. Campus life and relationships were found to significantly affect the relationship between stress and academic performance. Higher levels of financial stress were found to be related to lower academic performance. Additionally, financial stress was found to be influenced by subjective financial knowledge, financial resources, and negative perceptions. Providing students with more financial resources and opportunities to increase financial knowledge may help decrease financial stress and improve academic achievement.
What are the effects of financial crisis on college students in ph?3 answersThe financial crisis in the United States has had significant effects on college students. The failure of major financial institutions has put several sources of funding at risk, including federal financial aid and private loan availability. Additionally, the economic recession has led to students purposefully delaying graduation to wait for improved job market conditions. Attitudes towards money and financial management also play a role in college students' outcomes. Many students have credit card debt and lack financial management skills, which can impact their academic success and degree completion. Furthermore, student debt has long-term consequences, with indebted graduates experiencing lower net worth and compromised ability to accumulate assets. These effects highlight the need for alternative approaches to higher education finance to mitigate the negative impact of financial crises on college students.

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