The relationship between financial issues and mental wellbeing in young university students

Abstract

This study explores the intricate connections between young college students' mental health and financial stress. The research uses multiple regression analysis on survey data, including scales such as the Financial Anxiety Scale and DASS-21, to evaluate stress, anxiety, and depression in relation to financial demands. It does this by using a sample of 108 people from different universities. The results demonstrate the substantial influence that financial problems have on students' mental health and show a positive correlation between higher financial stress and depressive, anxious, and anxious symptoms.