Tag: education

Does education inflation impact student loan interest rates?

Education inflation impacts student loan interest rates, however, this impact is not direct or uniform. In inflationary times, the chances of high-interest rates are feasible because the need to cut demand in the market is high.  1. Education inflation rises faster than the standard economic inflation This means that if the standard inflation in the […]

Should you opt for a personal loan for an online Master’s degree? 

Post-pandemic online master’s degrees have become extremely popular. If you have applied for an online degree and are finding it hard to pay the fees, then here are some merits and demerits of opting for a personal loan for an online master’s degree!  From top universities like Harvard University, Oxford University, the University of Edinburgh, […]

What are the expenses covered under education loan?

Education expenses are soaring high in leading institutions. Hence, students of lower and middle-income states are finding it difficult to manage the associated expenses. One of the first considerations that come to mind while thinking about studying in a top institution far from the home city is the expense of accommodation and studying there. Students […]

Should you take a loan for a child’s education?

In the previous article, we discussed how to save your child from a student debt trap. In this article, we will discuss whether should you take a loan for a child’s education. The cost of education has been steadily rising. Many parents struggle to provide for their children’s educational expenses. Today, the price of an […]