You Bought What? Using Behavioral Economics to Better Understand and Improve Student Financial Decisions

Tuesday, June 27, 2017: 11:00 AM-12:00 PM
Room 5AB (San Diego Convention Center)
Session Type: Interest Sessions
Track: Professional Development & Management
Subcategories: Graduate & Professional Issues Track
Audience: All
Credit Type: Credit Hours and Clock Hours
School Type: All Schools
The emerging field of behavioral economics suggests that by identifying the psychological traits at the root of many financial decisions, you can change your behavior in ways that will put more money in your pocket.

This session will discuss the basic principles of behavioral economics that relate to financial decisions, and explore our relationship with money. We’ll discuss why our super-smart students sometimes make unhealthy financial decisions, and why we sometimes do as well. Finally, we’ll discuss tools that help students identify core beliefs around money, and make the most of their financial aid resources.

Julie Gilbert (Association of American Medical Colleges)
Julie A Fresne (Association of American Medical Colleges)