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Why Study Young Adults’ Indebtedness? Read chapter Read first chapter

2019 | OriginalPaper | Chapter

4. Young Adults’ Attitudes Toward Borrowing

Authors : Amelie Gamble, Tommy Gärling, Patrik Michaelsen

Published in: Indebtedness in Early Adulthood

Publisher: Springer International Publishing

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Abstract

Several scales for measuring attitude that have been developed are first described and evaluated. It is noted that the scales frequently fail to distinguish between opinions and attitudes and that the attitude object varies between studies. Studies of young adults’ attitudes toward borrowing are then reviewed. A majority have focused on student loans. It is found that attitudes are favorable although a change over time toward less favorable attitudes is discernible. A critical issue is to what extent favorable attitudes are related to borrowing. Some but not all studies confirm a positive relationship between favorable attitudes toward borrowing and debt amount. The causal direction of the relationship may however vary over time and in different groups.

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previous chapter The Loan Market—The Swedish Example
next chapter Young Adults’ Consumption Desires, Feelings of Financial Scarcity and Borrowing
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Metadata
Title
Young Adults’ Attitudes Toward Borrowing
Authors
Amelie Gamble
Tommy Gärling
Patrik Michaelsen
Copyright Year
2019
Book
Indebtedness in Early Adulthood

Print ISBN: 978-3-030-13995-7

Electronic ISBN: 978-3-030-13996-4

Copyright Year: 2019

DOI
https://doi.org/10.1007/978-3-030-13996-4_4