Local schools preparing students for new student loan changes

Capital City Now

The Institute of Student Loan Advisors (TISLA) is a nonprofit that provides free assistance for people with questions about paying for college. They’ve seen an increase in people looking for answers about the new federal changes.

“The last time we had such a significant change was in 1993, and that piece of legislation expanded payment options and expanded what people could borrow,” said TISLA President Betsy Mayotte. “This is probably the most significant in the history of the student loan programs as far as adding restrictions instead of adding options.”