About This Episode
Season 5. Episode 18.
Betsy Mayotte, a nationally recognized expert in student loan policy and borrower advocacy, is the founder and president of The Institute of Student Loan Advisors (TISLA), a nonprofit that offers free, neutral advice to student loan borrowers. In this episode of Education Insight, Betsy sheds light on the current state of student loan forgiveness, particularly focusing on the potential risks borrowers face as the Biden administration’s forgiveness plan comes under scrutiny.
As recent political changes impact programs like Public Service Loan Forgiveness (PSLF), Betsy discusses what these shifts mean for millions of teachers, nurses, military servicemembers, and other essential workers who depend on these programs. She answers pressing questions about whether borrowers who have already received forgiveness could see it revoked, and what actions they should take to protect their status.
Betsy also provides valuable insights for borrowers who have been paying on their loans for decades, helping them navigate the uncertainty surrounding loan forgiveness, repayment, and federal student loan policies. Finally, she offers advice on where to find reliable, unbiased information as the future of student loan forgiveness remains in flux. If you’re feeling anxious about your student loan status, this episode is a must-listen!
Featured Guest
Betsy Mayotte
Biography
Betsy is the President and Founder of The Institute of Student Loan Advisors (TISLA). She has been working in the student loan industry doing compliance and advocacy work for over 20 years and has helped thousands of borrowers with their student loans.
Betsy has served as a primary negotiator for several federal Title IV negotiated rulemaking sessions on topics such as the use of student loans at foreign schools, loan rehabilitation and borrower defense to repayment. In addition, Mayotte frequently conducts regulatory trainings for the higher education financing industry both in the United States and as far away as the United Kingdom, Canada, Australia and New Zealand. She is regularly quoted in the media on student loan issues including the Washington Post, New York Times, Wall Street Journal and the Boston Globe. She was recently featured in Money magazine as one of the top 50 influential Changemakers in America’s finances. Betsy was born and raised in Lowell, MA and currently lives in Plymouth, MA.
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Education Insight tells the story of education in the Inland Empire through the diverse voices of those in and around the regional education community. The show is produced by Growing Inland Achievement, a collective impact organization in the Inland Empire with a mission to increase economic prosperity in the region by increasing educational attainment. Hosted by 30-year broadcast veteran Lacey Kendall, monthly shows explore topics ranging from education challenges and shortcomings to innovations and groundbreaking ideas that are driving student success.