Stuart J. Heckman, Ph.D., CFP®

Bio

Stuart J. Heckman, Ph.D., CFP® is an Associate Professor of Practice and Ph.D. Program Director at Texas Tech University. His research focuses on the professional practice of financial planning and on financial decisions involving uncertainty, especially among young adults and college students. Dr. Heckman has served as the Academic Editor of the Journal of Financial Planning and serves on the editorial boards of Journal of Financial Counseling and Planning, Journal of Consumer Affairs, and Financial Planning Review. His work has been published in College Student Journal, Journal of College Student Retention: Research, Theory, and Practice, Journal of Consumer Affairs, International Journal of Consumer Studies, Journal of Financial Counseling and Planning, Journal of Family and Economic Issues, Journal of Veterinary Medical Education, Journal of Financial Planning, and Journal of Financial Therapy. Dr. Heckman is also a principal of No Coast Financial Group in Manhattan, KS. He earned his B.S in Personal Financial Planning from Kansas State University and his M.S. and Ph.D. in Family Resource Management from The Ohio State University.

Research Interests

• Professional practice of financial planning
• Causal inference in financial planning
• Risky financial decisions
• Young adult and college student financial choices

Selected Publications

Ludwig, E. T., Heckman, S. J., & McCoy, M. (2023). The influence of risk, financial literacy, and trust on financial advice-seeking behavior in a cross-racial examination. Journal of Financial Planning, 36(2), 68-84.

Heckman, S. J., Letkiewicz, J. C., Kim, K. (2023). A fracturing social contract? How perceptions of the value of higher education are changing. Journal of Family and Economic Issues, 44(1), 156-174. DOI: 10.1007/s10834-021-09811-2.

Magwegwe, F. M., MacDonald, M. M., Lim, H., & Heckman, S. J. (2022). Determinants of financial worry. Journal of Consumer Affairs, 57(1), 171-221. DOI: 10.1111/joca.12496

Reiter, M., & Heckman, S. J. (2022). Racial/ethnic differences in life insurance ownership and life insurance adequacy. Journal of Personal Finance, 21(2), 57-76.

Anderson, S., Heckman, S. J., & Lawson D. (2022). The influence of financial literacy on financial behaviors: Evidence from mandatory federal student loan entrance counseling. Journal of Family and Consumer Sciences, 114(3), 20-33.

Heckman, S. J., Robb, C. A., & Chanda, T.^* (2022). Excess credits and labor market outcomes: Is there a return on additional hours of education? College Student Journal, 56(1), 12-28.

Lurtz, M. R., Kothakota, M. G., Heckman, S. J., & Archuleta, K. (2021). The effect of risk literacy and visual aids on portfolio choices among professional financial planners. Financial Services Review, 29(3), 209-225.

Heckman, S. J., & Letkiewicz, J. C. (2021). Navigating risky higher education decisions: Implications for Practitioners and Consumers. Journal of Financial Counseling and Planning, 32(1), 131-145. DOI: 10.1891/JFCP-18-00002

Enete^*, S., Heckman, S. J., & Lawson, D. (2021). Financial attitudes and charitable giving. Journal of Financial Counseling and Planning, 32(1), 104-115. DOI: 10.1891/JFCP-19-00043

Glenn, C.^*, & Heckman, S. J. (2020). Financial help-seeking behaviors of young adults. Journal of Financial Therapy, 11(1), 29-51.

Robb, C. A., Schreiber, S., & Heckman, S. J. (2020). The role of federal and private student loans in homeownership. Journal of Consumer Affairs, 54(1), 43-69. DOI: 10.1111/joca.12248

Lutter, S. L., & Heckman, S. J. (2020). The financial life of aspiring veterinarians. Journal of Veterinary Medical Education, 47(1),117-124. DOI: 10.3138/jvme.0218-017r1

Letkiewicz, J. C., Lim, H., Heckman, S. J. & Montalto, C. P. (2019). Parental financial socialization: Is too much help leading to debt ignorance among college students? Family and Consumer Sciences Research Journal. Advance Online Publication.DOI: https://doi.org/10.1111/fcsr.12341. Best Journal Paper Award in Personal Finance/Consumer Economics.

Letkiewicz, J. C., & Heckman, S. J. (2019). Repeated payment delinquency among young adults in the United States. International Journal of Consumer Studies, 43(5), 417-428. DOI: 10.1111/ijcs.12522

Zepp, P.^*, & Heckman, S. J. (2018). Perceptions of financial future and intertemporal choice. Journal of Financial Planning, 31(5), 38-47.

Potter, D.^*, & Heckman, S. J. (2018). Business entity selection: A human capital approach. Journal of Financial Planning, 31(4), 46-55.

Heckman, S. J., & Montalto, C. P. (2018). Consumer risk preferences and higher education enrollment decisions. Journal of Consumer Affairs, 52(1), 166-196. DOI: 10.1111/joca.12139

Letkiewicz, J. C., & Heckman, S. J. (2018). Homeownership among young Americans: A look at student loan debt and behavioral factors. Journal of Consumer Affairs, 52(1), 88-114. DOI: 10.1111/joca.12143

Lauderdale, M. K.^* & Heckman, S. J. (2017). Children of immigrants and college attainment. Journal of Family and Economic Issues, 38(3), 327-337. DOI: 10.1007/s10834-017-9537-4

Lawson, D.^* & Heckman, S. J. (2017). Individual estimates of life expectancy and consumption decisions. Financial Services Review, 26, 1-18.

Kimmes, J. G.^* & Heckman, S. J. (2017).Parenting styles and college enrollment: A path analysis of risky human capital decisions. Journal of Family and Economic Issues, 38(4), 614-627. DOI: 10.1007/s10834-017-9529-4

Seay, M. C., Kim, K., & Heckman, S. J. (2016). Exploring the demand for retirement planning advice: The role of financial literacy. Financial Services Review, 25, 331-350.

Heckman, S. J., Seay, M. C., Kim, K., & Letkiewicz, J. C. (2016). Household use of financial planners: Measurement considerations for researchers. Financial Services Review, 25, 427-446.

White, K. J., & Heckman, S. J. (2016). Financial planner use among Black and Hispanic households. Journal of Financial Planning, 29(9), 40-49.

Heckman, S. J. (2016). Financial catastrophes due to disability: Which households are most at risk? Journal of Financial Planning, 29(5), 44-51.