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Financial difficulties and perseverance in postsecondary education: where we stand today

Author

Listed:
  • Élisé Wendlassida Miningou
  • Valérie Vierstraete
  • Eric Yergeau

Abstract

Students' financial difficulties can be considered as one of the most important barriers in postsecondary education. Researchers from various domains have attempted to understand the relationship between students' financial difficulties and persistence in postsecondary education. In this paper, we propose an analysis of the literature concerning students' financial barriers and persistence in postsecondary education, mainly in the USA and in Canada. We find that students' financial difficulties can affect postsecondary persistence through three channels: financial aid imperfections, working while in school and parents' revenue. These three dimensions of financial difficulties can also affect achievement in postsecondary education.

Suggested Citation

  • Élisé Wendlassida Miningou & Valérie Vierstraete & Eric Yergeau, 2014. "Financial difficulties and perseverance in postsecondary education: where we stand today," International Journal of Education Economics and Development, Inderscience Enterprises Ltd, vol. 5(2), pages 194-208.
    • Handle: RePEc:ids:ijeded:v:5:y:2014:i:2:p:194-208
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