Relationship Between Financial Literacy, Debt Burden, and Psychological Well-Being Among Master of Arts in Education Major in Educational Management Students at Eastern Samar State University–Can-Avid Campus
DOI:
https://doi.org/10.5281/zenodo.20285256Keywords:
Financial literacy, Debt burden, Psychological well-being, Graduate education, Student success, Eastern Samar State University, Correlational studyAbstract
This study explores the relationship between financial literacy, debt burden, and psychological well-being among Master of Arts in Education (MAEd) students at Eastern Samar State University–Can-Avid Campus during Academic Year 2025–2026. Employing a descriptive-correlational and predictive design with total enumeration sampling, data were gathered through a structured survey questionnaire. Results revealed that financial literacy was positively associated with psychological well-being and inversely related to debt burden, while debt burden showed a significant negative correlation with psychological well-being. Regression analysis confirmed that financial literacy and debt burden significantly predicted students’ psychological well-being. These findings highlight the critical role of financial capability and debt management in sustaining graduate students’ mental health and academic success, underscoring the need for integrated financial education and wellness support programs in higher education institutions.
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