Financial Literacy of Higher Education Students: A Study in Rural Gorontalo Province, Indonesia
Keywords:
Financial Literacy, Gender, Parental Education , Rural Area, University StudentsAbstract
Today, financial literacy has become one of the basic skills that individuals must have in the 21st century. Students, as individuals expected to make financial decisions, should have a high level of financial literacy to contribute to the economic activity of their region. In the long term, this will positively impact the local economy, especially in the rural areas of Gorontalo province, Indonesia. This research uses a quantitative approach with a survey design. The population identified in this study comprises all students in higher education institutions in the province of Gorontalo. A total of 326 student respondents participated in this survey. The results of the study revealed that (1) the financial literacy rate of students in Gorontalo Province was in the middle category, with a score of 65.79%, (2) there was no difference in the financial literacy rate between male and female students in Gorontalo Province, and (3) there was a difference in students’ financial literacy rates in Gorontalo Province based on the educational level of their parents.
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