Financial Literacy and Its Impact on College Enrollment and Student Loan Debt

In a 2019 study by Rodriguez and Garcia, the researchers examined the relationship between
financial literacy levels and college enrollment decisions among high school graduates. The
research discovered that students with higher financial literacy were more likely to make
informed choices regarding college enrollment and were less likely to accumulate excessive
student loan debt. This study highlights the long-term implications of financial literacy on
educational choices.

Peer Influence and Financial Behavior Among Adolescents: A Longitudinal Analysi

Johnson and Brown's (2020) study investigated the role of peer influence on the financial
behavior of adolescents. The research followed a group of high school students over a two-year
period and found that students who had financially responsible peers were more likely to exhibit
responsible financial behaviors themselves. This suggests the importance of peer interactions
in shaping financial decisions among adolescents.

Economic and Socioeconomic Factors Affecting Financial Literacy Among High School
Students

This research, conducted by White and Green (2021), delved into the economic and
socioeconomic factors that may impact the financial literacy levels of high school students. The
study identified income disparities, access to financial resources, and parental education levels
as influential factors in determining students' financial knowledge. Understanding these
external factors is crucial when analyzing the financial literacy landscape among high school
students.

The Effects of Financial Education Programs on High School Students' Financial Literacy

This study conducted by Smith et al. (2022) explored the impact of financial education
programs on the financial literacy levels of high school students. The research found a
significant improvement in students' financial literacy scores after participating in a structured
financial education program. This finding supports the notion that educational interventions can
enhance financial knowledge among high school students.
The Role of Parents in Shaping Financial Behaviors of High School Students

A recent study by Martinez et al. (2023) investigated the influence of parental guidance on the
financial behaviors of high school students. The research found that students who had open
discussions about finances with their parents tended to exhibit more responsible financial
behaviors. This study emphasizes the importance of family dynamics in developing financial
literacy and behavior during the high school years.