The COVID-19 Effect: How Student Financial Well-Being, Needs Satisfaction, and College Persistence Has Changed

Bibliographic Details
Title: The COVID-19 Effect: How Student Financial Well-Being, Needs Satisfaction, and College Persistence Has Changed
Language: English
Authors: Mia B. Russell (ORCID 0000-0003-4834-2467), Lorna Saboe-Wounded Head, Kelli Wolfe-Enslow, Jacqueline Holland, Nicholas Zimmerman
Source: Journal of College Student Retention: Research, Theory & Practice. 2025 26(4):970-990.
Availability: SAGE Publications. 2455 Teller Road, Thousand Oaks, CA 91320. Tel: 800-818-7243; Tel: 805-499-9774; Fax: 800-583-2665; e-mail: journals@sagepub.com; Web site: https://sagepub.com
Peer Reviewed: Y
Page Count: 21
Publication Date: 2025
Document Type: Journal Articles
Reports - Research
Education Level: Higher Education
Postsecondary Education
Descriptors: Undergraduate Students, COVID-19, Pandemics, Student Needs, Student Satisfaction, Paying for College, Financial Problems, Academic Persistence, Social Support Groups, Sense of Community, Self Actualization, Crisis Management, Causal Models, Educational Change, Blended Learning, Electronic Learning
DOI: 10.1177/15210251221133767
ISSN: 1521-0251
1541-4167
Abstract: Millions of students experienced increased levels of stress and worries about their college pursuits as they were forced to abrupt pivot to online and hybrid learning due to the global pandemic. Drawing from the theory of human needs, this study examined the extent to which COVID-19 influenced the relationship between financial well-being, needs satisfaction, and college persistence among undergraduate college students. Findings suggest financial well-being and needs satisfaction predicted college persistence. We also found that as social belonging (group connection) and self-actualization (academic achievement) increase, college persistence decreases. Both needs satisfaction and financial well-being were important and of critical nature, pre-pandemic, and were amplified for students during the pandemic. Suggestions on how university administrators and faculty can support their students amid crises, such as COVID-19, are provided.
Abstractor: As Provided
Entry Date: 2025
Accession Number: EJ1455158
Database: ERIC
More Details
ISSN:1521-0251
1541-4167
DOI:10.1177/15210251221133767
Published in:Journal of College Student Retention: Research, Theory & Practice
Language:English