4 ways to lower your student loan interest rate
Learn three tips to score a lower interest rate on student loans.
5 min read
Mar 28, 2023
EXPERTISE
- Economy
- Federal Reserve
- U.S. economic policy
- Personal finance
- Taxes
- Unemployment insurance (UI)
EDUCATION
- Bachelor of Science in News-Editorial Journalism, University of Illinois at Urbana-Champaign
- Master of Science in Journalism, Northwestern University
The Federal Reserve is one of the most complex institutions in the world; yet, its decisions impact consumers’ wallets more than any other policymaker in Washington, D.C. My goal is to remove some of the mystery surrounding the U.S. central bank, so you can be an even smarter consumer.
— Sarah Foster
About the author
Bankrate.com writer Sarah Foster covers the Federal Reserve, the U.S. economy and economic policy. Originally from a small town in rural Illinois, Foster developed a passion for economics while watching her community recover from the Great Recession. She witnessed just how much Main Street is impacted by Wall Street and saw firsthand that the Federal Reserve’s most well-intentioned policies can still leave those most desperate for help behind.
Experience
Sarah previously worked for Bloomberg News, the Chicago Tribune and the Chicago Daily Herald and has been quoted in several national and regional media outlets, including Yahoo! News, NBC, the Toronto Star, the St. Louis Post-Dispatch and more.
Media mentions
The Federal Reserve is one of the most complex institutions in the world; yet, its decisions impact consumers’ wallets more than any other policymaker in Washington, D.C. My goal is to remove some of the mystery surrounding the U.S. central bank, so you can be an even smarter consumer.
— Sarah Foster
Sarah's latest articles
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Younger Americans’ finances were already trailing behind older generations. Then came inflation
For younger generations, the economy may feel like it’s never worked in their favor.
15 min read Mar 23, 2023 -
Fed lifts interest rates another quarter point despite major bank distress
The Fed remains focused on battling inflation.
8 min read Mar 22, 2023 -
Why the Fed jumped in to prevent a full-blown banking crisis following the Silicon Valley Bank bust
Two bank failures could make the Fed think even more carefully about interest rates.
8 min read Mar 13, 2023 -
Overpaid unemployment benefits: What to do when your state wants the money back
Overpaid in unemployment benefits? Here’s how to resolve the issue efficiently.
5 min read Mar 10, 2023 -
The economy has avoided a recession so far — and it could be a nightmare for the Fed
Fed officials are warning interest rates could rise higher than previously expected.
8 min read Mar 07, 2023 -
Unemployment vs. underemployment, explained
Low joblessness isn’t the only indicator of a healthy labor market.
4 min read Feb 17, 2023 -
9 myths about the Federal Reserve — debunked
The complicated nature of the Fed’s job can perpetuate some wild claims.
8 min read Feb 14, 2023
