Paid Off Is New Game Show Aiming To Help You Deal With Student Loan Debt
It’s no secret that student loan debt is the highest it’s ever been and steadily climbing, leaving many Americans scrambling to figure how they will pay back the several thousands they owe while maintaining financial stability. Well, there may be an unorthodox way to help because there is a new game show that’s all about paying off those pesky student loans.
Americans collectively owe $1.4 trillion in student loan debt. That’s not a typo. Additionally, 60 percent of college graduates average a student loan debt of $37,172.
As reported by NBC News, cable network TruTV has a solution to the student loan debt crisis courtesy of a new game show called Paid Off.
While most game shows operate from a welcoming, optimistic place, Paid Off host and show developer Michael Torpey says it operates from a place of grim humor due to the seriousness of just how many people are dealing with this financial hardship. “We’re playing in a weird space of dark comedy,” he said. “As a comedian, I think a common approach to a serious topic is to try to laugh at it first.”
Nevertheless, it’s still a game show and winning money is the ultimate goal. The rules of Paid Off are simple: Three contestants, all of whom must carry some college debt, go head-to-head on a series of trivia questions, including a few related to education. If they provide the correct answer on enough of the brain teasers, the show will cover up to 100 percent of their loans.
“I want to be very respectful of the folks who come on our show, who opened their hearts and shared their struggles with us,” Torpey said. “I hope this show destigmatizes debt. I mean, there are 45 million borrowers out there. It is a huge number of people!”
Paid Off airs on TruTV, check your local listings for air times.