A review of Financial Education Implementation in Higher Education

[EN] While undeniably enriching, the academic odyssey sometimes leaves a void where financial education should reside. Graduates should have optimal knowledge of financial matters to maximise their financial planning. Recognising this gap, higher education institutions have implemented financial edu...

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Detalhes bibliográficos
Autores: Lotter, Melany, Okoro, Chioma
Formato: capítulo de livro
Fecha de publicación:2024
País:España
Recursos:Universitat Politècnica de València (UPV)
Repositorio:RiuNet. Repositorio Institucional de la Universitat Politécnica de Valéncia
Idioma:inglés
OAI Identifier:oai:riunet.upv.es:10251/206859
Acesso em linha:https://riunet.upv.es/handle/10251/206859
Access Level:acceso abierto
Palavra-chave:Higher education
Financial literacy
Financial education
Students
Descrição
Resumo:[EN] While undeniably enriching, the academic odyssey sometimes leaves a void where financial education should reside. Graduates should have optimal knowledge of financial matters to maximise their financial planning. Recognising this gap, higher education institutions have implemented financial education to bridge the gap for students before they enter the workforce. This paper reviews existing studies where higher education has implemented financial education and its outcomes, including program length, format, platform, and voluntariness. The findings reveal a diverse landscape of financial education initiatives in higher education, with varying degrees of success in achieving desired outcomes. The study will benefit higher education and policymakers considering implementing financial education. The review highlights the importance of ongoing evaluation and refinement of financial education initiatives to meet students' needs better and maximise their long-term financial well-being.