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What is the impact of the financial crisis on students learning in terms of access to resources? 


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The financial crises, such as the ongoing crisis in Greece and the COVID-19 pandemic, have significantly impacted students' learning by affecting their access to resources. Students at the Technological Educational Institute of Central Macedonia (TEICM) in Greece faced increased effects of the financial crisis on their lives and decisions to pursue higher qualifications . Similarly, during the COVID-19 pandemic, university students globally experienced challenges due to job losses, salary cuts, and financial distress, impacting their psychological well-being and access to resources . Additionally, the closure of educational institutions during crises like the COVID-19 pandemic has forced students to adapt to learning from home, affecting their consumption patterns and financial status . These crises have highlighted the importance of addressing students' financial struggles to ensure continued access to educational resources.

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The financial crisis led to reduced access to resources for low-income students at selective institutions due to tuition hikes, potentially compromising quality at less selective institutions.
The financial crisis impacts students' access to college funding sources like federal aid, private loans, home equity, and college savings, potentially influencing where they attend college.
The financial crisis in Greece moderately affects university students' access to resources for learning, with a stronger impact on their overall life and career decisions.
The financial crisis due to the pandemic has significantly impacted students' access to resources, affecting their learning environment, career paths, and psychological well-being.
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Related Questions

What are the effects of financial crisis to interns students ?4 answersThe financial crisis has diverse effects on intern students. Male students, post-crisis, tend to focus more on career-oriented university choices due to competitive labor markets, while females prioritize educational experiences over future employability prospects. Internship applicants face negative perceptions due to the imbalance between available spots and applicants, leading to stress and fears of not matching, impacting training quality. The crisis influences people's behavior in credit markets, affecting decisions on loans and risk perception. During the COVID-19 lockdown, virtual internships in IT companies offered advantages like flexibility and time-saving, but lacked communication and learning opportunities compared to traditional internships. Despite the financial crisis, university students' smoking habits remained largely unaffected, with most supporting smoking ban laws but criticizing poor implementation by authorities.
How students affected financial crisis?4 answersStudents are significantly impacted by financial crises, as evidenced by various research studies. The financial crisis in Greece has led to increased effects on students' lives, decisions to pursue higher qualifications, university studies, and career prospects. Similarly, the COVID-19 pandemic has worsened the financial situation for students, leading to mental health issues like depressive symptoms, especially when facing job losses and salary cuts. Moreover, in Hong Kong, factors such as fear of financial crises, government control measures, and knowledge about financial crises significantly affect students' fear levels and perceptions. The impact of financial crises on students' psychological, physical, and financial health is substantial, emphasizing the need for comprehensive support and interventions during such challenging times.
What are the specific financial challenges experienced by students during a financial crisis?5 answersDuring a financial crisis, students face various financial challenges that impact their well-being and academic pursuits. These challenges include increased anxiety over living costs and debt, leading to students arriving late to class to save on transportation costs and even considering extreme measures like house repossession or moving into shelters to cope with financial strain. Additionally, economic downturns prompt students to delay graduation and remain in school longer as a strategy to shield themselves from a deteriorating job market. The COVID-19 pandemic exacerbated financial distress among students, with job losses, salary cuts, and increased borrowings affecting their families the most, leading to significant psychological impacts on students' well-being and academic performance. Financial stress during crises also influences students' self-efficacy and their willingness to seek financial assistance.
How lack of financial support affect student?5 answersThe lack of financial support can have a significant impact on students. It can lead to poor mental health among research students, affecting their progress and causing mental health issues. In schools, the lack of financial resources affects students' achievement and the facilities provided to them. For mature students, financial constraints can have serious implications for their academic engagement and social integration into the institution. Needy students in both private and public colleges face various effects of poor financial conditions, including the inability to pay tuition fees, meet basic needs, and affect academic performance. In the case of undergraduate health sciences students, the lack of pocket money affects their ability to afford basic needs, manage their finances, and make social connections, all of which impact their learning activities.
Do financial shortages affect students' academic performance?5 answersFinancial shortages have been found to have a negative impact on students' academic performance. Studies have shown that students who face financial strain are more likely to demonstrate lower goal commitment, academic engagement, and persistence, and are at a higher risk of dropping out or reducing their course loads. Financial stress has also been associated with extended time to degree and lower academic performance. Additionally, research has found that students with financial problems tend to have a higher number of financial problems compared to those without financial problems, and the better the academic performance, the fewer financial problems students face. These findings suggest that financial shortages can significantly impact students' ability to succeed academically.
How does financial crisis affect colllege students?5 answersThe financial crisis has significant effects on college students. It can lead to potential decreases in federal financial aid, tightening of private loan availability, lowered home values impinging on equity-based lending, and stock market losses in college-fund savings. Financial strain can negatively impact student outcomes, including lower goal commitment, academic engagement, and persistence. It has been associated with increased likelihood of dropping out, stopping out, or reducing course loads, as well as extended time to degree. Financial concerns may reduce students' motivation to complete college or deplete their cognitive resources available for academic concerns. There are also possible inequities in financial support for college, with variations between racial and ethnic groups and by gender. Objective and subjective indicators of financial stability both play a role in how financial concerns affect students.

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