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ERIC Number: EJ1017999
Record Type: Journal
Publication Date: 2013
Pages: 15
Abstractor: As Provided
ISSN: ISSN-0884-9153
Perspectives and Experiences of Financial Aid Counselors on Community College Students Who Borrow
McKinney, Lyle; Roberts, Toya; Shefman, Pamelyn
Journal of Student Financial Aid, v43 n1 Article 2 2013
Loan borrowing among community college students has increased in recent years. This study utilized original survey data to examine this trend from the perspective and firsthand experiences of 107 community college financial aid counselors from three states: California, Florida, and Texas. Findings indicate these counselors are concerned with the increase in borrowing and the prospects for future financial hardship among borrowers at their colleges. There are indications that many borrowers do not fully understand the long-term consequences of taking on loans. While students need tailored advice about borrowing and debt management, the financial aid counselor-to-student ratio at many community colleges makes this extremely challenging. Findings indicate the need to reevaluate borrowing guidelines for part-time community college students, improve students' financial literacy, and equip financial aid offices with the resources needed to meet students' growing demand for financial aid services.
National Association of Student Financial Aid Administrators. 1101 Connecticut Avenue NW Suite 1100, Washington, DC 20036. Tel: 202-785-0453; Fax: 202-785-1487; e-mail:; Web site:
Publication Type: Journal Articles; Reports - Research
Education Level: Postsecondary Education; Two Year Colleges
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A
Identifiers - Location: California; Florida; Texas
Grant or Contract Numbers: N/A