00:00:00Intro
00:04:10Gail daMota
With new federal caps on Parent PLUS Loans, many families may be wondering how to cover the remaining cost of college. In this episode of the MEFA Podcast, Jonathan Hughes talks with Gail daMota, President of the Education Finance Council (EFC), about alternative borrowing options, including state-based and nonprofit student loan programs. Gail explains how these mission-driven lenders differ from federal and for-profit lenders, highlights potential cost savings, and shares practical tips for comparing loans and making informed borrowing decisions.