The Causes of Financial Problem of Grade 12 HUMSS Students of Bestlink College of the Philippines A.Y 2018-2019

Abstract

Every student faces different kinds of problems in one’s life. One of these problems is financial. Financial problems pressure is a situation where money worries are causing stress. Anyone can suffer from financial problems at any time, especially during a recession. People may have lost a job or simply do not make enough to pay their bills. These problems may seem impossible to overcome, but there are steps to improve the situation. The grade 12 Humss Students of BCP experience financial problems that greatly affect their studies. Based on their attendance this semester, almost half of them don’t go to school because of this problem. The researchers want to know the causes of this problem and make a remedy that will decrease this scenario. This study implies the use of the discovery time method of research in gathering, analyzing, classifying, and tabulating data. Purposive sampling was used by the researcher. Survey questionnaires were used to identify the causes of the financial problem among the selected Grade 12 Humanities and Social Sciences (HUMSS) students in Bestlink College of the Philippines (BCP). The data gathered were analyzed, classified, and tabulated based on the family background, economic status, and educational attainment and the effect on the respondents. The variables mentioned above were valid, reliable, and attainable. The data gathered from the survey questionnaire listed the causes of financial problems based on the family background, economic status, and educational attainment. The researchers found out that economic status is a common factor that affects the studies or the academic performance of every student, Educational attainment becomes unattainable because of financial problems. This study, based on economic status, implies that if a family has a low income, the student can be absent in class. A family with a high income implies that the student may go to a private school of his/her choice and be present in the class every day. Therefore, the financial problem always affects the studies, health, and academic performance of every student.