This study involved 54 peer financial mentors from seven institutions to explore their challenges when working with mentees. Challenges included: mentees presented financial concerns that exceeded the mentors' ability, mentors frequently lacked the financial knowledge to provide highquality peer financial mentoring, and the shift in programming…

College student retention theorists have suggested that improving students' financial literacy may improve student retention and completion rates. Before this important line of inquiry can be thoroughly examined, it is first important to understand if and how major state universities in the United States currently provide students with financial…

The rapid advancement of artificial intelligence (AI) has given rise to sophisticated language models that excel in understanding and generating human-like text. With the capacity to process vast amounts of information, these models effectively tackle problems across diverse domains. In this paper, we present a comparative analysis of prominent AI…

In this article, the author illustrates the application of a financial database called Bloomberg Professional in a fixed income lesson plan. Most business school programs include a finance course that covers bond pricing and spreads, such as a corporate finance or fixed income course. Bloomberg Professional allows students to interact with primary…

This study was designed to test the efficacy of the Open Hands finance program. The program was designed to increase financial literacy among Christian college juniors and seniors, and the study was conducted at two Christian institutions in the Midwest and Southeast United States. The literature suggests a dire worldwide need for financial…

Purpose: We aim to investigate the relationship between gender and financial literacy, hypothesizing that a gender gap in attitude, knowledge and behavior might exist among university students, but it disappears at higher levels of financial education, particularly due to a talent management program in financial mathematics.…

Web-based peer assessment is a valuable way to cultivate active life-long learning in the modern era. This study proposed a peer-learning teaching approach that incorporates a web-based system, Tronclass, and the mechanisms of peer assessment and feedback in a financial market course to improve students' learning performances and motivation.…

This study examines the effects of financial advice on college-saving decisions using data sets from the 2009 and 2012 U.S. National Financial Capability Study. After controlling for self-selection bias through propensity score matching, the findings show that receiving financial advice is associated positively with the likelihood of saving for…

Educating people in personal finance is of utmost importance. However, previous studies show that traditional approaches to financial education may lack experiential learning components that help students connect theory and practice. This article describes a pedagogical approach to financial literacy education taught at an international liberal…

It was observed within the Bentley University Fall 2023 Semester Introductory Finance curriculum that applying ChatGPT-4 in a tutoring environment coincided with significantly worse student outcomes compared to no tutoring, finance tutoring, and general non-finance tutoring. This study leveraged a population of 408 freshman and sophomore…

The authors of this study investigate the likely influence of required or voluntary financial education on the saving behaviors of U.S. adults. They compare the results for three groups defined by different life experiences with financial education (required, voluntary, and none). Probit models estimate the effects of financial education on four…

The aim of this study was to explore how first-time problem-based learning (PBL) participants can improve their learning outcomes. Empirical results showed that students with higher academic performance and attendance rates significantly enhanced their critical thinking and problem-solving skills through PBL compared to traditional lecture-based…

This study used the 2015 National Financial Capability Study to investigate the relationships among financial capability, financial education, and student loan debt outcomes. Specifically, this study examines four student loan outcomes: delinquency, stress, preparation, and satisfaction among borrowers who obtained loans for themselves. Three…

The purpose of this qualitative study was to explore the experiences of first-generation Black women who completed at least a bachelor's degree without student loans. While Black women are most burdened by student loan debt, little is known about the experiences of those who navigate college without accruing student loans. Combining endarkened…

Engaged learning seeks to cultivate integrative approaches that require students to use multiple points of view or approaches in their coursework. Similarly, civically engaged courses ask students to consider public problems that involve multiple stakeholders, institutions, and policies. We are interested in whether courses designed to meet civic…