Date of Graduation

5-2014

Document Type

Thesis

Degree Name

Bachelor of Science in Business Administration

Degree Level

Undergraduate

Department

Finance

Advisor

Littrell, Rita

Reader

Bailey, William

Abstract

In light of recent events in the global economy, more attention has been given to the subject of personal financial management. With a sluggish economy, rising student debt levels, increasing attention and concern, universities are considering if something should be done in an attempt to make students more financially literate. In order to better understand the current level of financial literacy, a survey of students at the University of Arkansas was conducted and compared to the same national survey conducted by Jump$tart. University of Arkansas students were found to have slightly lower levels of financial literacy than their national counterparts with average scores of sixty percent and sixty-two percent respectively. In response to the findings of the study, it is recommended that educational policy at the University of Arkansas address the issue with a new model of delivery of the information.

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