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1. Introduction
The growing burden of loan and dues among university students is a matter of serious concern where financial self-efficacy is rare for majority students' wellness, universities are paying attention to this major issue now-a-days. The first step of analyzing this issue might be to know or identify the determinants of financial stress. It is confirmed from previous research that financial inability plays an influential role in student life. Occurrence of financial difficulty as a source of stress is often found in literature but identifying the factors that lead to stress is not well documented. Therefore, for the sake of student persistence it is time to go deeper into it. After identifying the core determinants of financial stress of a student, one must analyze the connection or associativity among these factors. These associations may lead to meaningful insights. For example, students having a pressure of dues in university cannot spontaneously participate in academic activities and in some cases are also not ready to join in various events run by the university. These things are not sharable and quite private, which makes a student feel isolated and abandoned. Sometimes this kind of situation is really awkward and it directly affects the mental health of students. Ultimately living in a negative mental condition, students cannot be attentive in study. In addition, suicide becomes one of the main public health problems in Bangladesh in recent times. The suicide case among students in Bangladesh has increased than last few years. About 45% of suicides is higher than the previous 12-month period (Sakib, 2021). One of the main reasons of suicide among students is depression which is influenced by financial stress (Davis and Mantler, 2004; Mamun et al., 2020a). Moreover, a few of them find no option but to decide to drop their study. Therefore, the consequence of financial stress could be massive and unexpected. It has a long-term effect that should be taken under proper care. There is a large number of literature to address depression and mental health, however, very few articles address financial stress and its associate.
The objective of this study is to list down the major factors behind financial stress of students as well as to fetch the associativity of the leading factors....