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Jill on Money with Jill Schlesinger

How to Pay for College

Jill on Money with Jill Schlesinger

Audacy

Investing, Education, Business, Self-improvement

4.61.9K Ratings

🗓️ 7 April 2022

⏱️ 17 minutes

🧾️ Download transcript

Summary

On May 1, the pause on federal student loan payments is set to expire. I joined CBS Mornings to discuss the likelihood that it will get extended again and what borrowers need to do to prepare. We also share some advice for families looking into financial aid.

Have a money question? Email us, ask jill [at] jill on money dot com.

Please leave us a rating or review in Apple Podcasts.

"Jill on Money" theme music is by Joel Goodman, www.joelgoodman.com.

Transcript

Click on a timestamp to play from that location

0:00.0

Welcome to the Jill on Money Show. It is Thursday, April 7th. And we are here to try to take

0:10.7

the mystery out of your financial life. And when I say, we, I'm going to invite Mark

0:17.0

Telerisio, the executive producer, to come on the air with me for this broadcast. Hi, Mark.

0:23.0

Bonjour. I mean, first of all, I want to say that last week I went to go visit Mark and his partner

0:29.8

and their son and had the best time, Mark. That kid is so freaking cute. How long has it been since

0:37.4

I've seen him? Probably it's pre-pandemic that I saw him last, right? Oh, yeah, yeah. You saw him

0:43.0

shortly after he was born and that, that was it. So yeah, no, no, no, remember I went, I did a

0:48.9

podcast downtown and we did a little walk. So that was right before the pandemic. Right. Yeah, so

0:54.7

then it's been a good two years. That's amazing. He's such a big boy. Shockingly, I had to give him

1:01.4

my Christmas presents and also a little present from Orlando. He's still talking even, even yesterday.

1:07.0

I'm not even making a stop even yesterday. Yeah, so almost like a week later. I want to see

1:12.2

where's Andrew? Yeah, she's a one with the presents. It was fun. We read. He's very into books.

1:19.0

How does he like the new books, the New York books? Every night since you brought him. Oh gosh, I'm

1:24.3

going to have to come down more often. I definitely want to go and I want to go try that pizza out

1:28.3

that you let don't say the name of it because I don't want to get too crowded. We'll do that next

1:33.4

time. So Mark, I want you to come on the air with me because I did a segment this week on Tuesday

1:39.9

on CBS Mornings about how to pay for college. So let's kind of do a little personal thing.

1:45.2

You had some student loans, didn't you? Yeah, but very minimal, especially compared to what we

1:49.8

hear nowadays. I think when I graduated, it was, I don't know, $12,000, $15,000. And that was kind of

1:55.4

done on purpose because I went to school out of state. I went to Arizona State University. So I

2:00.8

did not have residency. And at the time, I don't know if this is still the case, but at the time,

2:05.7

if you took classes during the summer, there was no out of state fee. They just treated you as if

...

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