Influence of Generational Status and Financial Stress on Academic and Career Self‐Efficacy

The importance of a college degree is underscored by higher unemployment rates of individuals who have not completed college (Bureau of Labor Statistics, ). Academic and career self‐efficacy influence students' completion of college, and 1st‐generation college students and those under financial...

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Bibliographic Details
Published inJournal of employment counseling Vol. 54; no. 1; pp. 38 - 46
Main Authors White, Aarika Vannatter, Perrone‐McGovern, Kristin
Format Journal Article
LanguageEnglish
Published Alexandria Blackwell Publishing Ltd 01.03.2017
Subjects
academic self‐efficacy
career self‐efficacy
Careers
College students
Economic stress
financial stress
first‐generation college student
Higher education
Multivariate analysis
Occupational psychology
Personal finance
Self-efficacy
Stress
Undergraduate students
Unemployment
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Summary:The importance of a college degree is underscored by higher unemployment rates of individuals who have not completed college (Bureau of Labor Statistics, ). Academic and career self‐efficacy influence students' completion of college, and 1st‐generation college students and those under financial strain may experience decreased self‐efficacy (Wohlgemuth et al., ). Participants in this study (N = 383) were college students at a 4‐year university. Results from a 2 × 3 multivariate analysis of variance and discriminant function analysis revealed significant differences in academic and career self‐efficacy based on financial stress, but not generational status.
Bibliography:Aarika Vannatter White is now at Comprehensive MedPsych Systems, Indianapolis, Indiana.
ISSN:0022-0787
2161-1920
DOI:10.1002/joec.12049