Iowa State University Financial Counseling Clinic Client Report

Date
2011-01-01
Authors
Gillette, Meghan
Gudmunson, Clinton
Nation, Jeanna
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Abstract

According to client exit surveys, the Financial Counseling Clinic at Iowa State University provides highly satisfactory services to students and non-students in the Ames area. The average level of client financial stress decreased by three points on a ten-point scale after a counseling session. The majority of clients were single, White, Iowa State University students in their early 20s. The biggest concern reported by clients was not having a saving or spending plan. There were differences across ethnic and age groups in the number of financial pressure experienced, stress level, amount of self-reported student loan debt, and self-reported total consumer debt. Interestingly, there were no significant differences in these categories among students enrolled in the various ISU colleges.

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This report is on clients served and services rendered by the Iowa State University Financial Counseling Clinic (2011): 22 pp. Posted with permission.

Keywords
professional counseling, personal finance, financial stress, consumer debt
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