Open Access
Subscription Access
The Pandemic, Financial Struggles, and Mental Health of Students
Subscribe/Renew Journal
The COVID-19 pandemic has left millions of people worldwide in financial distress. But it is the families and the children who are hit the hardest due to this worst economic crisis. Job losses and salary cuts were at their peak. In order to combat this situation, borrowings increased. This further deteriorated people’s lives, and they are yet to come out of it. Students at universities are one such tribe who have suffered the most due to COVID-19 induced public emergencies and lockdown tactics resulting in recurrent closures of educational facilities. Studies have confirmed that changes in their everyday learning environment, the blurring of their professional or career paths, the absence of meaningful relationships with others, and most importantly, the financial crisis faced by family — all had a substantial impact on their psychological well-being. The present study shed light on the academic, financial, and health struggles faced by university students. It also highlighted the role of various stakeholders in the ecosystem by proposing a model to combat these struggles.
Keywords
Covid Pandemic, Financial Struggles, Online Mode of Learning, Mental Health.
JEL Classification Codes : M10, M12, M19.
Paper Submission Date : September 5, 2021 ; Paper Sent Back for Revision : December 15, 2021 ; Paper Acceptance Date : January 10, 2022 ; Paper Published Online : April 15, 2022.
User
Subscription
Login to verify subscription
Font Size
Information
- Acharya, B., Subedi, K., Acharya, P., & Ghimire, S. (2022). Association between COVID-19 pandemic and the suicide rates in Nepal. PloS one, 17(1), e0262958. https://doi.org/10.1371/journal.pone.0262958
- Biswas, W., & Chakraborty, D. (2019). Impact of organizational values, compassion, and well-being on industrial disputes: An empirical study. Prabandhan: Indian Journal of Management, 12(1), 36–51. https://doi.org/10.17010/pijom/2019/v12i1/141427
- Brooks, S. K., Webster, R. K., Smith, L. E., Woodland, L., Wessely, S., Greenberg, N., & Rubin, G. J. (2020). The psychological impact of quarantine and how to reduce it: A rapid review of the evidence. The Lancet, 395(10227), 912–920. https://doi.org/10.1016/S0140-6736(20)30460-8
- Cao, W., Fang, Z., Hou, G., Han, M., Xu, X., Dong, J., & Zheng, J. (2020). The psychological impact of the COVID-19 epidemic on college students in China. Psychiatry Research, 287, 112934. https://doi.org/10.1016/j.psychres.2020.112934
- Chakraborty, D. (2019). Customer satisfaction towards food service apps in Indian metro cities. FIIB Business Review, 8(3), 245–255. https://doi.org/10.1177/2319714519844651
- Chakraborty, D. (2021). Factors influencing passengers’ purchase intention towards app-cab services in metro cities of India: A study on smartphone users. Indian Journal of Marketing, 51(1), 41–54. https://doi.org/10.17010/ijom/2021/v51/i1/156933
- Chakraborty, D., & Altekar, S. (2021a). Work from home (WFH), COVID-19, and its impact on women. Prabandhan: Indian Journal of Management, 14(9), 22–29. https://doi.org/10.17010/pijom/2021/v14i9/166294
- Chakraborty, D., & Altekar, S. (2021b). What drives people to use grocery apps? The moderating & mediating role of customer involvement and trust. Indian Journal of Marketing, 51(11), 23–37. https://doi.org/10.17010/ijom/2021/v51/i11/166734
- Chakraborty, D., & Biswas, W. (2020). Going green with green HRM practices–A strategic initiative for reinvigorating performance optimization in companies. Prabandhan: Indian Journal of Management, 13(10–11), 8–26. https://doi.org/10.17010/pijom/2020/v13i10-11/156006
- Chakraborty, D., & Dash, G. (2022). ‘The New Normal’ and the strategies of marketers to attract consumers. Indian Journal of Marketing, 52(1), 58–62. https://doi.org/10.17010/ijom/2022/v52/i1/167652
- Chakraborty, D., Santra, A., & Dhara, S. K. (2019). Factors affecting the liquid workforce in different organizations and its effectiveness. Prabandhan: Indian Journal of Management, 12(4), 44–60. https://doi.org/10.17010/pijom/2019/v12i4/143348
- Dash, G., & Chakraborty, D. (2021a). Transition to e-learning: By choice or by force–A cross-cultural and trans-national assessment. Prabandhan: Indian Journal of Management, 14(3), 8–23. https://doi.org/10.17010/pijom/2021/v14i3/158151
- Dash, G., & Chakraborty, D. (2021b). Digital transformation of marketing strategies during a pandemic: Evidence from an emerging economy during COVID-19. Sustainability, 13(12), 6735. https://doi.org/10.3390/su13126735
- Dugh, H. (2020, November 3). Covid 19 impact: 46 pct Indian households borrowed money to run households during lockdown. ZeeBiz. https://www.zeebiz.com/personal-finance/news-covid-19-impact-46-pct-indian-households-borrowed-money-to-run-households-during-lockdown-138864
- Fuse - Nagase, Y., Marutani, T., Tachikawa, H., Iwami, T., Yamamoto, Y., Moriyama, T., & Yasumi, K. (2021). Increase in suicide rates among undergraduate students in Japanese national universities during the COVID - 19 pandemic. Psychiatry and Clinical Neurosciences, 75(11), 351–352. https://doi.org/10.1111/pcn.13293
- Gallè, F., Sabella, E. A., Ferracuti, S., De Giglio, O., Caggiano, G., Protano, C., ... & Napoli, C. (2020). Sedentary behaviors and physical activity of Italian undergraduate students during lockdown at the time of COVID-19 pandemic. International Journal of Environmental Research and Public Health, 17(17), 6171. https://doi.org/10.3390/ijerph17176171
- Happell, B., Waks, S., Horgan, A., Greaney, S., Manning, F., Goodwin, J., ...., Biering, P. (2020). “It is much more real when it comes from them”: The role of experts by experience in the integration of mental health nursing theory and practice. Perspectives in Psychiatric Care, 56(4), 811–819. https://doi.org/10.1111/ppc.12496
- Hasan, N., & Bao, Y. (2020). Impact of “e-Learning crack-up” perception on psychological distress among college students during COVID-19 pandemic: A mediating role of “fear of academic year loss.” Children and Youth Services Review, 118, 105355. https://doi.org/10.1016/j.childyouth.2020.105355
- Kaparounaki, C. K., Patsali, M. E., Mousa, D. - P., Papadopoulou, E. V., Papadopoulou, K. K., & Fountoulakis, K. N. (2020). University students’ mental health amidst the COVID-19 quarantine in Greece. Psychiatry Research, 290, 113111. https://doi.org/10.1016/j.psychres.2020.113111
- Kivlighan III, D. M., Schreier, B. A., Gates, C., Hong, J. E., Corkery, J. M., Anderson, C. L., & Keeton, P. M. (2021). The role of mental health counseling in college students’ academic success: An interrupted time series analysis. Journal of Counseling Psychology, 68(5), 562–570. https://doi.org/10.1037/cou0000534
- Kumar, C. (2021, November 11). 34 Indian students died by suicide each day in pandemic-hit 2020. The Times of India. https://timesofindia.indiatimes.com/city/bengaluru/34-indian-students-died-by-suicide-each-day-in-pandemic-hit-2020/articleshow/87638828.cms
- Lane, C. (2021, March 31). 80% of UK students struggling financially due to COVID-19. https://www.topuniversities.com/student-info/student-finance/80-uk-students-struggling-financially-due-covid-19
- Liang, Z., Kang, D., Zhang, M., Xia, Y., & Zeng, Q. (2021). The impact of the COVID-19 pandemic on Chinese postgraduate students’ mental health. International Journal of Environmental Research and Public Health, 18(21), 11542. https://doi.org/10.3390/ijerph182111542
- Ma, H., & Miller, C. (2021). Trapped in a double bind: Chinese overseas student anxiety during the COVID-19 pandemic. Health Communication, 36(13), 1598–1605.https://doi.org/10.1080/10410236.2020.1775439
- Pan, H. (2020). A glimpse of university students’ family life amidst the COVID-19 virus. Journal of Loss and Trauma, 25(6–7), 594–597. https://doi.org/10.1080/15325024.2020.1750194
- Perz, C. A., Lang, B. A., & Harrington, R. (2020). Validation of the fear of COVID-19 scale in a US college sample. International Journal of Mental Health and Addiction, 20, 272–283. https://doi.org/10.1007/s11469-020-00356-3
- Rodríguez-Larrad, A., Mañas, A., Labayen, I., González-Gross, M., Espin, A., Aznar, S., ... & Irazusta, J. (2021). Impact of COVID-19 confinement on physical activity and sedentary behaviour in Spanish university students: Role of gender. International Journal of Environmental Research and Public Health, 18(2), 369. https://doi.org/10.3390/ijerph18020369
- Sayeed, A., Kundu, S., Al Banna, M. H., Hasan, M. T., Begum, M. R., & Khan, M. S. (2020). Mental health outcomes during the COVID-19 and perceptions towards the pandemic: Findings from a cross-sectional study among Bangladeshi students. Children and Youth Services Review, 119, 105658. https://doi.org/10.1016/j.childyouth.2020.105658
- World Health Organization. (2020). WHO Coronavirus disease (COVID-19) dashboard : World Health Organization [2020-10-23]. WHO.
- Zheng, X., Guo, Y., Ma, W., Yang, H., Luo, L., Wen, L., ... & Wang, H. (2021). A longitudinal study on the mental health of college students in Jinan during the peak stage of the COVID-19 epidemic and the society reopening. Biomedicine Hub, 6(3), 102–110. https://doi.org/10.1159/000519586
- Zhong, B., Huang, Y., & Liu, Q. (2021). Mental health toll from the coronavirus: Social media usage reveals Wuhan residents’ depression and secondary trauma in the COVID-19 outbreak. Computers in Human Behavior, 114, 106524. https://doi.org/10.1016/j.chb.2020.106524
Abstract Views: 229
PDF Views: 0