Understanding Students Attitudes and Intentions to Repay Loans: A Comprehensive Study

Abstract

This research aims to conduct an in-depth study on students' attitudes and their intentions regarding the repayment of loans. Recognizing the importance of understanding the factors that influence students' willingness and ability to repay loans, this study utilizes a mixed-methods approach to explore the intricate relationship between attitudes, financial behaviors, and loan repayment intentions among student borrowers.
 The study employs qualitative research methods, including interviews, focus group discussions, and case studies, to gather nuanced insights into students' attitudes towards loans, their financial decision-making processes, and the factors influencing their intentions to repay loans. Concurrently, quantitative surveys and data analysis will be used to identify trends, correlations, and statistical patterns related to student borrowing and loan repayment behaviors. Various dimensions will be explored, including the impact of financial literacy, economic circumstances, and educational experiences on students' attitudes towards loans. The study also aims to uncover the perceived barriers and facilitators that influence students' intentions to fulfill their financial obligations post-graduation. The findings from this research are expected to provide valuable insights for educational institutions, policymakers, and financial institutions. By understanding students' attitudes towards loans and their intentions to repay, stakeholders can develop targeted strategies to enhance financial education, improve loan repayment rates, and foster responsible financial behaviors among student borrowers. This study serves as a foundation for informed decision-making and future research within the realm of student loan attitudes and repayment intentions.