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Influence of Generational Status and Financial Stress on Academic and Career Self‐Efficacy
Author(s) -
White Aarika Vannatter,
PerroneMcGovern Kristin
Publication year - 2017
Publication title -
journal of employment counseling
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.252
H-Index - 27
eISSN - 2161-1920
pISSN - 0022-0787
DOI - 10.1002/joec.12049
Subject(s) - psychology , multivariate analysis of variance , discriminant function analysis , multivariate analysis , self efficacy , unemployment , social psychology , medicine , statistics , economic growth , economics , mathematics
The importance of a college degree is underscored by higher unemployment rates of individuals who have not completed college (Bureau of Labor Statistics, [, 2014]). Academic and career self‐efficacy influence students' completion of college, and 1st‐generation college students and those under financial strain may experience decreased self‐efficacy (Wohlgemuth et al., [Wohlgemuth, D., 2007]). Participants in this study ( N = 383) were college students at a 4‐year university. Results from a 2 × 3 multivariate analysis of variance and discriminant function analysis revealed significant differences in academic and career self‐efficacy based on financial stress, but not generational status.