Determinants of Financial Skill; A Regression Analysis of Financial Skill Scale Scores
Level of Education of Students Involved
Undergraduate
Faculty Sponsor
Sara Gundersen
College
College of Arts & Sciences (CAS)
Discipline(s)
Economics
Presentation Type
Poster Presentation
Symposium Date
Spring 4-30-2026
Abstract
Financial literacy is extremely low in the US, and women and minorities are found to have lower levels. Using the data, Financial Well-Being in America-2017 from the Consumer Financial Protection Bureau (CFPB), I examine the determinants of the financial skill scale score, a variable created by the CFPB. I will examine not only race and gender, but also other variables such as life expectancy and income.
Recommended Citation
Muffett, Ian M., "Determinants of Financial Skill; A Regression Analysis of Financial Skill Scale Scores" (2026). Symposium on Research and Creative Expression (SORCE). 1575.
https://scholar.valpo.edu/cus/1575

Biographical Information about Author(s)
I am an economic undergraduate, experienced in the application of econometric modeling and data analysis, including cost-benefit estimation, risk assessment, and project management. I'm proficient in statistical analysis software, SAS. My interest in financial literacy grew studying finances in 3rd world countries in developing nations. I have demonstrated discipline and leadership as a varsity student athlete and in university Greek life.