Title: Asian College Students: Examining their Differences on Financial Matters
Wednesday, November 15th, 2017
Asian American college students and their parents tend to work together to figure out how to finance college. International Asian students enter the country with financial support already-established, but nevertheless struggle to navigate complex economic policies relevant to them. This study explored financial issues between these two groups; it is the first to examine a large sample of Asians living in the United States by different citizenship statuses (n=671). Results show that Asian Americans perform better in financial knowledge and have higher financial stress than International Asians. Implications for both professionals and parents are described in conclusion.