Check the preview monitor when you add in a text, which is now where you edit the text from.
I recommend starting a new project and loading in some text elements just to get familiar with it... I love it now, as I can freely size the text to fix perfectly the image or area it will be on, and I can actually use effects on it like 3D distortion to angle the text in a way I want it, so it makes things more comfortable once you get the swing of it.