Abstract
This project compared the learning gains from teaching financial literacy skills to undergraduate students through two methods:
traditional classroom instruction and peer financial counseling. Students at a southeastern university received instruction
through either a semester-long course on family economics (N = 78) or a one-hour peer-led session (N = 149). Students in the peer sessions received instruction on either budgeting (n = 94) or credit (n = 55). Students in the course received extended instruction on budgeting, credit, and other topics. Comparisons of posttest
learning revealed similar gains between the two methods on shared content and on planned financial behaviors. Results suggest
additional investigation to explore peer financial counseling for teaching financial literacy skills may be warranted.
traditional classroom instruction and peer financial counseling. Students at a southeastern university received instruction
through either a semester-long course on family economics (N = 78) or a one-hour peer-led session (N = 149). Students in the peer sessions received instruction on either budgeting (n = 94) or credit (n = 55). Students in the course received extended instruction on budgeting, credit, and other topics. Comparisons of posttest
learning revealed similar gains between the two methods on shared content and on planned financial behaviors. Results suggest
additional investigation to explore peer financial counseling for teaching financial literacy skills may be warranted.
- Content Type Journal Article
- Category Original Paper
- Pages 1-10
- DOI 10.1007/s10834-011-9266-z
- Authors
- Trent W. Maurer, Department of Hospitality, Tourism, & Family and Consumer Sciences, Georgia Southern University, P.O. Box 8021, Statesboro, GA 30460, Georgia
- Sun-A Lee, Department of Hospitality, Tourism, & Family and Consumer Sciences, Georgia Southern University, P.O. Box 8021, Statesboro, GA 30460, Georgia
- Journal Journal of Family and Economic Issues
- Online ISSN 1573-3475
- Print ISSN 1058-0476