Introduction
There are a lot fewer limitations in the college phase of life than what used to be in previous
generations. More liberty is given to collegiate students and with liberty comes obligations. The
person is obliged to share a load of responsibilities with the elders of the family which they have
not till the age. A lot of student’s own obligations and work was taken care by the elders of the
family, but with the change in the era, a lot of responsibilities of the students are now handled by
the students themselves. Which includes, monetary obligations, lifestyle maintenance, daily basic
needs and to some extent college course fees too. Monetary independence to take care of
personal needs is becoming an essential factor of student’s college lifecycle.
The sudden change in the load of obligation can become somewhat baffling as student needs to
monitor their own funds and expenses. Particularly, if they have no prior knowledge and
experience to do the same. Critically monitoring and managing the spendings of available funds
to meets the needs and leisure is very important and can also be troublesome and stressful for the
college student who also has the responsibility of college studies.
To help students cope with the pressure of increasing responsibilities, the college counselors and
administrators, in the whole nation, has introduced ‘student wellness’ as a part of the curriculum.
The enhanced inspection of the graduation percentage from central and state-level authorities
should prompt the college administration to concede the reasons for pressure within the student
community as the responsibility pressure has proven to be creating hurdle in student’s
perseverance. Education loan is becoming a strenuous topic for collegiates and fresh graduates as
it is difficult to manage own finances along with the studies or immediately getting a job as fresh
graduate. The academic conditions encompassing the college scholarship decision have shifted
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Research Method for Understanding Monetary Stress Among College Students

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