Survey on financial problems

Gallup has been asking Americans about the most important financial problem facing their family in an open-ended format for the past 10 years.

financial literacy questionnaire for college students

Jeff Grabmeier grabmeier. The stock market or investments, interest rates, retirement savings and controlling spending do not rank among lower-income Americans' top financial problems. While parents and family were mentioned as the primary source of funding for housing and books, 17 to 19 percent of students said they relied mostly on loans.

Questionnaire about financial problem among students pdf

McDaniel said she was concerned by how many students with loans borrowed right up to their limit. Lack of money and low wages are still an important problem for many Americans, yet unemployment and the high cost of living are mentioned less often than in recent years, as are energy prices. Nearly 60 percent said they worry about having enough money to pay for school, while half are concerned about paying their monthly expenses. Issues that have remained low-level concerns all decade -- including Social Security, the stock market, controlling spending and transportation costs -- remain low again this year, suggesting that, good times or bad, Americans are not concerned about these issues affecting their families' financial situation. In fact, 32 percent of students reported neglecting their studies at least sometimes because of the money they owed. Nearly three out of 10 students said they reduced their class load because of the money they owed, while 16 percent took a break from their college or university and 13 percent transferred to another institution. This sizable uptick suggests that the economic recovery may be reducing the financial problems that families face. The survey found that despite the stress of paying for college, more than three-quarters of students think college is a good investment for their financial future and believe they will be able to support themselves after graduation.

Nearly three out of 10 students said they reduced their class load because of the money they owed, while 16 percent took a break from their college or university and 13 percent transferred to another institution. Financial problems lead some students to make difficult choices, the survey found. It included students from four-year and two-year private and public institutions.

Survey Methods Results for this Gallup poll are based on telephone interviews conducted Jan. Healthcare costs, however, have double-digit-percentage support across the board.

Healthcare this year has returned to the top of the list for the first time since earlywhen the Affordable Care Act, or "Obamacare," was signed into law.

finance survey questions

The survey found that despite the stress of paying for college, more than three-quarters of students think college is a good investment for their financial future and believe they will be able to support themselves after graduation.

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Financial Stress Questionnaire Survey