#PaidOff with Michael Torpey
Jill on Money with Jill Schlesinger
Audacy
4.6 • 1.9K Ratings
🗓️ 5 July 2018
⏱️ 32 minutes
🔗️ Recording | iTunes | RSS
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Summary
The student loan picture in this country is not a pretty one. According to the Federal Reserve, over half of young adults who went to college took on some debt. It's so bad that outstanding student loans have topped $1.4 trillion! To address the problem, we’re going to have a bit of fun as we try and find some sorta way to ease the burden on those students. That’s why today we’re chatting with actor Michael Torpey, best known for his work on Orange is the New Black, Red Oaks and Sneaky Pete. The student loan crisis has become so massive, that Torpey is trying to solve it in a unique way – a comedy game show. Paid Off with Michael Torpey gives three lucky college grads – all saddled with student debt – the chance to test the depth of their degrees with fun, fast-paced trivia questions. In the end, one lucky winner wins the chance to have their student debt paid off. I love it! Such a brilliant way to help some lucky students start life in the real world without a several thousand dollar gorilla on their shoulders. And what was perhaps most interesting was to hear the backstory that led to Michael creating the show. And no, he didn’t have any student loans of his own... “Better Off” is sponsored by Betterment. We love feedback so please leave us a rating or review in Apple Podcasts. "Better Off" theme music is by Joel Goodman, www.joelgoodman.com. Connect with me at these places for all my content: http://www.jillonmoney.com/ https://twitter.com/jillonmoney https://www.facebook.com/JillonMoney https://www.instagram.com/jillonmoney/ https://www.youtube.com/c/JillSchlesinger https://www.linkedin.com/in/jillonmoney/ http://www.stitcher.com/podcast/jill-on-money https://apple.co/2pmVi50
Transcript
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| 0:00.0 | Hi, it's Jill Schlesinger, and on this episode of Better Off, we're talking about how to pay down |
| 0:08.1 | your student loan debt in the most unusual of ways. |
| 0:12.0 | I met people who, their relationships had fallen apart because |
| 0:14.9 | the debt because they didn't feel comfortable getting married yet or they didn't |
| 0:18.9 | feel comfortable having kids with all this debt and their partner said I don't |
| 0:22.4 | want to wait on these things so it's |
| 0:24.6 | holding people back in all sorts of ways. |
| 0:27.8 | Welcome to the Better Off Podcast were sponsored by Betterment the largest independent online |
| 0:32.3 | financial advisor. |
| 0:34.3 | When I saw that this guest wanted to come on the show, I really was thinking, what? |
| 0:42.3 | This guy's an actor, what is he? His name is Michael Torby. He's one of the cast |
| 0:48.0 | members in Orange is the New Black. He's one of the prison guards for those of you who are fans and thinking why does this guy want to come on the show? Why? Because he has an interesting new game show. It's called Paid Off with Michael Torpy. And it gives three lucky |
| 1:07.9 | college graduates, all of whom are saddled with a chunk of student loan debt, the chance to test the depth of their |
| 1:15.8 | degrees with some trivia questions. |
| 1:19.1 | And in the end, one of the three contestants gets the chance to have all their student debt paid off. |
| 1:24.4 | Hey I'm Michael Torpy, my show paid off is the only game show working to end the student |
| 1:29.2 | debt crisis. As an architecture major, if you could build a structure that would represent your student |
| 1:33.8 | dead, what would it be? |
| 1:34.8 | It'd be a giant middle finger. |
| 1:36.7 | Hoorayor! |
| 1:37.7 | Yeah! |
| 1:38.7 | Whoo! |
... |
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