July 27: Millennials and Their Risky Financial Behaviors (The Financial Brand)
July 27, 2015
For three years running, EverFi and Higher One have conducted extensive research into the financial attitudes, knowledge and behaviors of college students. For their 2015 study, they surveyed approximately 43,000 college students at two- and four-year institutions across the America. Their survey probed issues related to banking, savings, credit cards and school loans. The data uncovers alarming trends in the levels of stress students face in regards to student loans and money management.
The results of the survey show that Millennial students’ attitudes about money “displayed more materialism, more compulsion, less caution and...