The International Journal of Progressive Education | 2021
Student Perceptions of the Implications of a Financial Literacy Project Within a College Mathematics Course
Abstract
The purpose of this study was to investigate how students perceived their engagement in an experiential learning project with a focus on financial literacy within general education mathematics courses (skills, knowledge, attitudes, and behaviors). Specifically, the researchers were looking to investigate whether the completion of a finance project within a general education mathematics course influences students perception of and knowledge about personal finance concerning their lives and career paths. An aggregated analysis of survey responses using Qualtrics showed approximately half of students lacked knowledge of personal finance, the skills to interpret financial information, and expressed limited knowledge of loan repayment calculations. While over half of the participants would recommend this course to other students. There was no statistical significance in the correlation between students assessments of their pre-and-post financial literacy knowledge and whether they recommend this course for future students. However, the majority of responders indicated that they have thought about future career and personal finance before completing the project.