Attitude toward Indebtedness of Teachers in Public Sector

Abstract

The objective of this survey research was to study a relationship between attitude toward indebtedness and debt of teachers in public sector. A sample of 224 teachers from Office of the Basic Education Commission (OBEC), Ministry of Education was collected.

Finding showed that teachers had bad attitude toward indebtedness and variables that were associated significantly at very high level (p - value = 0.000) to attitude toward indebtedness were age at first time of indebtedness and indebtedness at present. When comparing between teachers with bad and good attitude toward indebtedness, it was found that 90.48% of the later group were indebted at present and 82.67% owed the first debt at age younger than 30 years or equal. Moreover, they had more times of being indebted and higher amount of debt than the others. In addition, region of working/living and total family living cost were also significantly associated to attitude toward indebtedness.