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Kim, Jinhee; Chatterjee, Swarn – Journal of Financial Counseling and Planning, 2021
The purpose of this study is to examine the debt burdens, perceived capabilities, and mental health of young adults. Panel data constructed from the 2009 to 2013 waves of the Panel Study of Income Dynamics (PSID) and its Transition to Adulthood (TA) supplement are used in this study. The multinomial logistic regression analysis findings showed…
Descriptors: Debt (Financial), Mental Health, Correlation, Young Adults
Kim, Jinhee; Chatterjee, Swarn; Kim, Jung Eun – Journal of Financial Counseling and Planning, 2012
Factors associated with the borrowing behavior of young adults who are transitioning from financial dependence to financial independence were identified. Data used were from the 2009 Transition to Adulthood and its parental companion data set, Panel Studies of Income Dynamics. Results indicate that age, gender, race, and work status are associated…
Descriptors: Young Adults, College Students, Developmental Stages, Independent Living