Paying for college can be stressful. For Asian Americans, both students and parents work to figure this out. International Asian students enter the country with their parents’ financial support already-established, but struggle to navigate complex economic policies relevant to them. Using family financial socialization theory (Gudmunson & Danes, 2011) as a guide, this study explored how families influence Asian students’ financial attitudes, knowledge, and behaviors. It is the first study to examine a large sample of Asians living in the United States by different citizenship statuses (n=671). Results show that financial socialization is positively associated with financial behaviors for all Asian college students. Implications for financial professionals who work with Asian students and their parents are described in conclusion.
University of Minnesota M.A. thesis. June 2017. Major: Family Social Science. Advisors: Virginia Zuiker, Tai Mendenhall. 1 computer file (PDF); vi, 53 pages.
Asian College Students: How do Families Influence Young Adults’ Financial Socialization?.
Retrieved from the University of Minnesota Digital Conservancy,
Content distributed via the University of Minnesota's Digital Conservancy may be subject to additional license and use restrictions applied by the depositor.
Showing items related by title, author, creator and subject.
The two studies presented in this dissertation provide an understanding of young adults’ perspective financial socialization processes and how the experiences influence a conceptualization of financial well-being and their ...
The current study seeks to understand how young adults navigate the university-to-work transition while experiencing financial and employment instability. Using the Expectancy Value Theory (EVT) as a foundation, the purpose ...
Using the Double ABCX model, this dissertation involved two studies that investigated the financial realities of first-generation college students (FGCS) by examining factors influencing the level of financial concern about ...