Research Paper: Navigational financial hurdles

research

1. Navigation Financial hurdles: Understanding the Coping Strategies of the SHS students of Tacloban Central Institute of Technical Studies Inc.

2. Introduction One of the challenges that Tacloban Central Institute of Technical Studies, Inc. students confront is financial. Financial challenges have an impact on both student performance and future grade achievements. After all, their health may also be impacted. It demonstrates how deeply a serious topic affects a person, particularly a student. Furthermore, this study will provide light on the financial difficulties that students confront, as well as the complexities of each student's unique circumstances. In this section, we will look at the financial troubles affecting everyone. It will also provide solutions to lessen the number of youngsters affected by this problem. It's simply intended to show that money troubles are a serious concern that impacts everyone, not just individuals. Also consider how and to what extent educators, educational institutions, governments, and other education-related entities can help.

3. As stated by WU (2017), financial difficulty is an instance of stress brought on by money concerns. However, senior high school students have recently been dealing with financial difficulties, and this issue has grown to be very serious for them. Students sometimes struggle financially since they do not have enough financial issues will therefore affect one’s physical and emotional well-being. In addition, the trade war and inflation have caused the majority of the nation to experience a recession and increased the number of students who are having financial difficulties.

4. As mentioned by Norazlan (2020), everyone worries a lot about money problems, but students especially do. Due to their financial hardships, the bulk of students come from underprivileged homes. Because of this, students have to choose between paying for food and other essentials with their money, and some have to cope with health issues that make it difficult for them to pay their expenses. The lack of resources to cope with the high cost of living forced students to deal with financial challenges. Money is a major issue that many students continue to face and one that could affect their academic achievement.

5. Based on Daud , et al. (2018), students in higher education require more money to cover the cost of study and living in universities as higher education costs in public and private educational institutions are on the rise. As a result of limited financial resources and the rising cost of education, there may be students struggling with financial problems in their daily lives. In the opinion of Matey (2020), one of the best social and economic intervention strategies that directly impact parents and their senior high school wards is the free senior high policy. In light of the policy’s contribution to relieving parents of financial and economic load, this understanding is made. According to the testimony of Khusaini et al. (2021), students who lack financial knowledge and comprehension often behave consumptively because it makes managing finances and making decisions more challenging.