Virginia Focus - Student Loan Updates

Major changes to federal student loans took effect July 1st, affecting the way millions of current and future borrowers pay for college. The reforms reshape borrowing limits, eliminate several repayment options, and could leave some students searching for new ways to cover the rising cost of higher education. On this episode we're talking to Financial Expert Brian Walsh with So-Fi Bank. He's going to drill down what's changing, who could end up paying more, and what financial experts say families and borrowers should be doing right now to prepare.