Student Debt and Financial Literacy. Theory vs. Practice - Mexico Business News
mexicobusiness.news
Business students who study money for a living can't manage their own — a new Mexican study reveals the painful gap between financial theory learned in class and real-world debt behavior.
Financial Literacy TheoryBehavioral EconomicsIntention-Behavior GapDunning-Kruger Effect
Theory Briefing
- University of Guadalajara's CUCSUR study found business students, despite formal training, struggle to apply financial literacy in real life.
- Fintech platforms are deepening student debt, exposing how behavioral biases override textbook knowledge of interest and risk.
- The theory-practice gap suggests financial education alone is insufficient — decision-making under social and digital pressure follows different rules.