Annotated Bibliography

"Pharmacy Students' Attitudes toward Debt - Experts@Minnesota." Pharmacy Students'

Attitudes toward Debt - Experts@Minnesota. N.p., n.d. Web. 29 Apr. 2016.
Corresponding author Taehwan Park wrote a American journal article of pharmaceutical
education. His research question was what pharmacy students attitudes were towards debt. The
method he used was, he surveyed two hundred thirteen pharmacy students at the university of
Minnesota. the survey was designed to asses attitudes toward debt. Sub group analysis was
performed to examine students tolerance towards debt varied according to their demographic
characteristics. Results showed white students have more tolerant attitudes towards debt
compared to non white students. Also that it is more likely for a student to take out a loan if they
have already done so before. Conclusion was that he felt pharmacy schools should provide
finance courses to ensure students make better decisions.
This source I feel only answered part of my question. This source covered college students
attending a large university, but only surveyed those going to school for pharmacy. I believe the
point of view the author was very biased. He only surveyed students that were paying a large
debt. Also the perspective of the article was showed as if all students were already or going to be
in debt. This article relates to my topic of poverty and partly answers my question. explaining
how students commonly take out a loan when they have already done so before. Also explains
how students are not educated enough on the financial burden they can put on themselves.
" IU News room. Financial Stress Affects Academics for college students, NSSE Survey Finds: :
Indiana University. N.p., n,d, Web. 29 Apr.2016.

Doris Bennett, Cynthia McCarty, and Shawn Carter are the authors of this
educational journey. They believe that financial stress by students comes
from education expenses, which in return gives a negative output on
students academics. The methodology they used was during the 2012-2013
academic year, 231 students answered a survey that measured their
financial stress in several areas. The results showed a direct link between
financial stress and academic performance. Students that were worried
about paying for college averaged 4.5% points lower in class grades than
students who were not worried about paying for college. A large proportion of
the stressed students with lower academic grades were women, minorities,
and first generation college students. This group is working more hours to
meet financial obligations, thus having less time to study. The authors as well
as the students surveyed attended Jacksonville State University.

This article relates to my research question partially. This article showed me

how students academics can be affected by financial stress. From the
research I collected, I realized that financial stress had a very negative
impact on students grades. I feel the authors were biased in a way because
the only students that were surveyed attended Jacksonville State; but other
than that it was pretty fair. They were simply set up to find results. This
article also answered the question, Who was affected most by the financial
stress given by the institution? which were female minorities and first
generation students. These students received lower grades because the high

cost of education caused them to work more hours to pay for school, thus
giving those students less time to study.

"VOCEDplus, the international Tertiary Education and Research Database." Community College
Students' Assessments of the Costs and Benefits of Borrowing to finance higher education. N.p.,
n.d. Web. 29 Apr. 2016

The objective of this article was to understand how community college

students analyze the pros and cons of taking out personal loans to achieve
their higher education goals. Twelve interviews were conducted with
students that took out a federal loan. These students attended a large
community college in Texas. Each interview lasted one hour and was audio
recorded. Several themes emerged from the twelve interviews with the
college students who had taken out loans. Results were, in general,
borrowers had a very positive perception on loans. Students described how
loans enabled behaviors important to their academic success.
This was truly an unbiased method and interview process. Normally, students
and interviewers automatically believe that student loans and student loan
debt is a bad thing. This article conveyed different results that answered my
research question in a different way. Eleven out of the twelve students felt
that there student loans and student loan debt was actually a good thing.
Students that were interviewed said that the personal federal loans that they
took out helped them pay for expenses that helped them become

academically successful. Student loan debt to these individuals was their

saving grace, as described by one of the journal authors. This article made
it evident that students that actually came from poverty who received loans
actually handled it better than those who came from middle class or
wealthier backgrounds.