Microsoft Word Ed Horwitz Post Dissertation Fina docx

 Sample Characteristics 
The final sample used for analysis was comprised of 46 financial education program 
employee participants and 56 employees in the control group. Participant and control group 
descriptive statistics can be found in Table 3.1.  The control group was similar to the participant 
group in many ways; however, there were some differences to note. While both groups had a 
similar mean age of 35 to 44 years old, there were fewer females at 62.5% (versus 76.1%) in the 
participant group. The control group had 7% Hispanics and all were white, very similar to the 
participant group. The control group had a higher amount of married individuals at 71.4% 
(versus 56.5%), with only 23% being single and never married (compared to 37%). The control 
group had 62.5% with at least a bachelor’s degree, which was a higher level of average education 
than the participant group at 48%. The control group had an average income level of $82,009 to 
$101,582 and an average net worth level of $50,000 to $149,999, both similar to the participant 
group. There was a higher percentage of homeownership among the control group at 80.4% 
(versus 67.4%), and the same average of two people living in the household as the participant 
group. 
 
 

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Table 3.1 Sample Demographics (N=102) 
 
Control Group (N=56)