The cognitive learning theory of delinquency proposes that as a result of early negative conditioning, particularly in the family and school settings, at-risk youth are more apt to develop an insecure, alienated belief system that increases the likelihood that they will perceive the world as a hostile place, where their fate is in the hands of outside circumstances. According to the cognitive perspective, as the at-risk level of youth increases, their world view or locus of control will tend to become more external. This study used an at-risk scale developed by the author and the Nowicki-Strickland Locus of Control Scale for Children. Findings generally support the cognitive learning theory perspective that as the level of risk for youth increases, their world view or locus of control will become more external, increasing the likelihood that they will perceive the cause of their feelings, perceptions, and behavior to be outside of themselves. Of the nine risk factors, five were significant predictors: home adjustment, family dysfunction, family size, school adjustment, and previous delinquency. This finding apparently underscores the importance of both family and school dynamics for the healthy development and operation of a youth's cognitive functioning. 4 tables, 1 figure, and 52 references