TY - JOUR
T1 - The development, evaluation, and validation of a financial stress scale for undergraduate students
AU - Northern, Jebediah J.
AU - O'Brien, William H.
AU - Goetz, Paul W.
PY - 2010
Y1 - 2010
N2 - Financial stress is commonly experienced among college students and is associated with adverse academic, mental health, and physical health outcomes. Surprisingly, no validated measures of financial stress have been developed for undergraduate populations. The present study was conducted to generate and evaluate a measure of financial stress for undergraduate students. The newly developed scale and measures of demo graphics, general stress, and health were completed by 177 undergraduates. The reliability, validity, and factor structure of the new scale were evaluated. Results indicate good reliability and validity, suggesting that the measure can be used in research and in applied settings to assess financial stress. Possible implications are discussed.
AB - Financial stress is commonly experienced among college students and is associated with adverse academic, mental health, and physical health outcomes. Surprisingly, no validated measures of financial stress have been developed for undergraduate populations. The present study was conducted to generate and evaluate a measure of financial stress for undergraduate students. The newly developed scale and measures of demo graphics, general stress, and health were completed by 177 undergraduates. The reliability, validity, and factor structure of the new scale were evaluated. Results indicate good reliability and validity, suggesting that the measure can be used in research and in applied settings to assess financial stress. Possible implications are discussed.
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U2 - 10.1353/csd.0.0108
DO - 10.1353/csd.0.0108
M3 - Article
AN - SCOPUS:77249150499
VL - 51
SP - 79
EP - 92
JO - Journal of College Student Development
JF - Journal of College Student Development
SN - 0897-5264
IS - 1
ER -