Does financial wellness and literacy promote educational success? Many policymakers, practitioners and institutional leaders think so. A national survey that captures the financial well-being of postsecondary students shows that foster care alumni’s higher education aspirations and attainment often rest within a confusing array of overlapping policies at federal, state and institution levels.
Trellis Company designed the Student Financial Wellness Survey, a self-reported and online survey, to document the financial well-being and success indicators of postsecondary students across the nation. The fall 2018 survey captured the attitudes, perspectives and financial behaviors of over 17,000 students from 58 colleges and universities with a total enrollment of nearly 700,000.