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NerdWallet's Smart Money Podcast

Money News: What to Know About Student Loan Repayments, Gas Prices, SkyMiles and Other Financial News Stories

NerdWallet's Smart Money Podcast

NerdWallet Personal Finance

Business, Education, Investing, How To

4.2665 Ratings

🗓️ 4 October 2023

⏱️ 14 minutes

🧾️ Download transcript

Summary

Learn about federal student loan payments resuming, alongside an analysis of this week’s biggest financial stories. Before discussing this week’s resumption of federal student loan payments after a three-and-a-half-year pause due to the pandemic, hosts Sean Pyles and Anna Helhoski break down this week’s most relevant financial headlines. The discuss the recently averted government shutdown, the impact of crude oil costs on gas prices, an update on Delta’s SkyMiles program, and a new Pew Research Center survey looking at the share of women in top leadership positions at US companies. Turning their attention to student loan payments, Sean and Anna guide listeners on ways to prepare for this financial milestone, emphasizing the importance of staying informed, making payments if possible, and exploring income-driven repayment plans like the new "Saving on a Valuable Education" (SAVE) plan. In their conversation, the Nerds discuss: financial headlines, federal student payments, income-driven repayment (IDR) plans, Saving on a Valuable Education (SAVE), averting a government shutdown, oil prices, Delta Airlines’ SkyMiles frequent flyer program, a new Pew Research Center survey on women in leadership, business leaders, loan servicers, the Fresh Start program, interest accrual, and personal finance. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email [email protected]. Like what you hear? Please leave us a review and tell a friend. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

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0:25.3

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0:27.1

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0:33.0

Welcome to NerdWallet's Smart Money Podcast.

0:35.6

I'm Sean Piles.

0:36.7

And I'm Anna Halhatsky.

0:38.1

And this is our weekly personal finance news roundup, where we take a look at recent developments in the world of money and then go in depth on an issue that's important to your life and your bottom line.

0:48.7

So, Anna, we've been talking about it for weeks.

0:52.5

Months, even years, really. Can our listeners guess what that might be?

0:57.1

I'm willing to bet they can. Yeah, it's time, people. Time to start paying your federal student loans again.

1:04.7

And if you've forgotten how, after a three and a half year moratorium, we're going to walk you through

1:09.5

the processes and everything else you need to know. But first, a few money headlines. So, Anna, no government shutdown.

1:20.2

Yeah, at least for about six weeks. Okay, so all that advice we gave before last week's deadline

1:25.7

about socking away money and making sure you can

1:28.1

withstand financial effects of a shutdown. You have six more weeks to get it done because we live in

...

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