Financial struggles are impacting college students’ mental and physical health, new survey finds

Glen Oaks Community College students were among those participating in national survey

A recent survey revealed that many college students are struggling financially, with 31 percent of those surveyed reporting they ran out of money six or more times in the past year.

In the Fall of 2023, Glen Oaks Community College participated in the Trellis Student Financial Wellness Survey (SFWS). The SFWS is a self-reported, online survey that documents postsecondary students’ financial wellbeing and success indicators nationwide.

While 83 percent of students agreed that the cost of college is a good investment for their financial future, the study found that 53 percent of students worry about having enough money to pay for school.

Additionally, 46 percent reported experiencing generalized anxiety disorder, 38 percent reported being food insecure, and 45 percent of the students reported being housing insecure,

The survey was conducted among 3.1 million students at 263 institutions in 34 states, and the data was analyzed to reveal the key findings.