Melanie’s Latest Articles
The number of international students attending college in the U.S. surged by 12% in 2022-23, according to The Institute of International Education (IIE). If you're planning to study in the U.S., finding the right financial supp...
As of March 2023, 32% of borrowers owed less than $10,000 in federal student loans, according to the College Board. Whether you receive a significant scholarship or get help from your family, you might have most of your educati...
If you have past-due tuition, you're not alone. According to a survey by ECSI and Higher Ed Dive, 52% of higher education officers stated there were more delinquencies in 2023 than previous years. In fact, 39% of institutions m...
Getting a master’s or doctoral degree can be a smart move for your career. Advanced degrees often lead to higher earnings and lower unemployment rates, according to the Bureau of Labor Statistics. However, the cost of grad scho...
Rising inflation can make it difficult to pay cash for large purchases or even stay on top of everyday expenses. And with the average credit card interest rate sitting at 22.59% APR, carrying credit card debt can be costly.A pe...
Employees with advanced degrees tend to earn more. As of 2021, the median earnings for people who obtained a master’s degree or higher were 21% more than those of people with only a bachelor’s degree, according to data from the...
According to a January 2024 survey of senior loan officers, lending standards have tightened for personal loans and are likely to tighten further this year. This means getting a personal loan from a bank, credit union or online...
Are you looking to save on your student loan payments? If you’re a federal student loan borrower, the new Saving on a Valuable Education (SAVE) plan may help. Under this income-driven repayment (IDR) plan, you may qualify for l...
As of April 2024, the Biden administration approved $7.4 billion in student loan forgiveness for over 270,000 borrowers through the SAVE income-driven repayment plan. However, recent legal challenges have thrown the future...
When you take out student loans, you pay back more than you borrow because of the interest charged on the loan balance. But sometimes, unpaid interest gets added to the balance, which is called interest capitalization. When thi...