10 Ways an Economic Crisis Affect Student's Academic Progress

Economic crisis not only affects the daily life of people but it also affect the school performance of students. It obstructs the smooth process of learning and child develops inadequate feelings for himself and for the world. 10 ways an economic crisis affects the student’s academic progress are discussed here.

1. Low Self Esteem

Economic crisis leads to low self-esteem in students which in turn affect the educational progress of students. When students have low self-esteem they feel incompetent for achieving good grades. Their grades are affected with this thinking of inadequacy.

1. Concentration Problem

When students are always thinking about the economic crisis, they are unable to concentrate on their studies, and at the end they get low grades or fail the exams.

1. Lack of Interest

The student is always obsessed with the home environment; he/she feels difficulty in developing interest in the studies. Education is not the necessary thing for these students. Lack of interest in studies leads to low grades in exams.

1. Absentmindedness

The excessive worry for financial resources affects the performance of students. Students facing economic crisis are always lost and absentminded in the class. They are physically present in the classroom but not attentive to the lessons.

1. Negative Thinking

The students with economic crisis have developed the negative thinking pattern. They become pessimist and they see negativity in everything. This thought affects the educational performance of these students.

1. Despondency

When students are preoccupied with the thoughts of financial crisis, they become hopeless. They are unable to see the hope in education. Their despondency affects their motivation and at the end they are unable to pass the examination.

1. Self-Comparison

Students with economic crisis are always busy in comparing themselves with other students of classroom. They feel inferior in front of their class fellows. They are unable to pay attention to the lecture delivered in the class.

1. Inability to Assess the Worth of Education

Economic crisis make student pessimist, they are unable to see the bright prospects of education. They don’t feel education as a necessary thing. They are unable to understand that they can use education as a tool to get rid of financial crisis.

1. Lack of Aspiration

The education demands motivation. The financial crisis affects educational motivation of students. They don’t see any good in education. They are not sure about the continuation of their studies therefore, their educational performance falls day by day.

1. Depression

The feeling of self-loathing makes these students depressed. They want to remain aloof and absorbed in negative thoughts. This is the most drastic effect of economic crisis; it affects the educational records of students and warrants their mental health as well.

These were some of the effects of economic crisis on students. Children are sensitive and they are affected by their home environment which impacts their educational progress. School should provide sufficient funds to students who are unable to pay the tuition fee.

Lauren Luke has done M.Sc. Botany and is a Botanist and She has been working at essay writing company as a academic writer. Lauren Luke also doing teaching in US based school since 2013.