High Education, Low Returns: Financial Literacy Challenges for African Americans and Hispanics

Table 2.

Summary of Linear regression withoutinteraction

Model Unstandardized Coefficients Standardized Coefficients   Sig. 95.0% Confidence Interval for B

B Std. Error Beta Lower Bound Upper Bound

               

African American -1.602 .118 -.150   .000 -1.832 -1.371

Hispanic -.908 .119 -.089   .000 -1.142 -.674

Immigrant .190 .151 .014   .210 -.107 .487

Age .048 .003 .239   .000 .043 .053

Female -1.027 .069 -.164   .000 -1.162 -.892

Working .391 .076 .062   .000 .242 .541

Married Household .448 .071 .071   .000 .310 .587

Chronic Medical Conditions -.002 .034 -.001   .950 -.069 .064

Self-Rated Health (SRH; Poor) -.263 .039 -.085   .000 -.339 -.187

Education Years .526 .016 .385   .000 .496 .557

Dependent Variable: Financial Literacy