Universal Journal of Financial Economics

Is the GI Bill Enough? An Exploratory Analysis of Student Veteran Borrowing in College

Kim E. Bullington — 2024-05-17

In the United States, many student veterans use their GI Bill benefits to help fund their postsecondary education; however, when the GI Bill is not enough, student veterans may turn to grants and loans to subsidize their financial needs. This study examines the degree and extent to which Pell Grants and student loans are being used by student veterans using data pulled from the National Center for Education Statistics’ Baccalaureate and Beyond dataset. We found that Pell Grant awards were higher for student veterans with disabilities as well as Blacks and that a student’s age contributed to the overall amount of federal student loans borrowed. Implications, future directions, and a discussion of the results are provided.

Awareness and Attitude towards Cryptocurrency Adoption among Business Students in Bhutan

Dawa Drakpa — 2024-05-14

The purpose of the study is to assess students' level of awareness and attitude toward the intention to adopt cryptocurrency among the students of business colleges at the Royal University of Bhutan. Also, to examine the variables (awareness and attitude) that influence the intention to adopt cryptocurrency among business students. A quantitative questionnaire on cryptocurrency was distributed to business students in Bhutan, and 256 quantitative responses were received. A study framework based on the Technology Acceptance Model (TAM) has been designed to test the presented hypotheses. The overall agreement levels suggested that there is somewhat agreement on the statements about business students' awareness, attitude, and intention to use cryptocurrency. The findings revealed that awareness positively predicted intention to adopt cryptocurrency. Similarly, perceived usefulness and ease of use positively influenced the intention to adopt cryptocurrency. However, the findings revealed that perceived risks negatively predicted the intention to adopt cryptocurrency. This research contributes to the body of knowledge on cryptocurrency by providing insights into factors that affect the intention to adopt cryptocurrency. It raises the level of awareness, attitude, and intention to invest in cryptocurrency at a time when financial literacy is a crucial issue in Bhutan.

Study on the Reform of the Open Policy of Utilizing Foreign Investment in China's Leasing and Business Service Industry

Jian Yang — 2024-04-17

The utilization of foreign capital in China's leasing and business service industries has played an important role in economic development, which is highlighted in that it has become the second largest area of China's utilization of foreign capital. In 2022, China's actual use of foreign capital amounted to 123.268 billion RMB , up 6.3% year-on-year on a comparable basis, or US$189.13 billion, up 8% year-on-year. China's leasing and business service industries still have problems in opening up to the outside world, such as the unity of opening policies to be coordinated, the accuracy of opening up efforts to be improved, the matching of opening measures to be improved, the forward-looking of opening up supervision to be strengthened, and the guidance of opening up and development to be improved. In the future, China should continue to use foreign capital with high quality by improving the level of opening up, focusing on promoting the development of service trade in leasing and business services, and lowering the threshold of market access; The focus of development is to reform some policies and systems and create a good business environment; The focus of risk prevention and control is to innovate regulatory methods and build a forward-looking and flexible risk prevention and control system.