New Game Show Gives Millennials A Chance To Eliminate Student Loan Debt

Overinflated college tuition facilitated by a bottomless ocean of cheap student loans has so far trapped forty-five million Americans with a record $1.48 trillion in non-dischargeable debt – an amount which has more than doubled since the 2009 lows.

As we reported in January, approximately 40 percent of student loans taken out in 2004 are projected to default by 2023 according to the Brookings Institute.

However, a new game show on TruTV offers millennial contestants a chance to answer trivia questions - and if they win, the game show will pay off their student debt.

“Paid Off,” a new trivia game show that premiered this week tries to illuminate the student debt crisis that has entrapped countless millennials. To get the balance right, the show’s producers partnered with a nonprofit group called Student Debt Crisis.

Its executive director and founder, Natalia Abrams, gave this advice to producers: “Every step of the way, from signing up for college to paying back their loans, it’s been a confusing process. So make sure that there’s some heart to this show.”

Video: Paid Off with Michael Torpey Season 1 Trailer 

Michael Torpey, a New York-based actor (“Orange is the New Black”) who is the host of the show, acknowledges that student debt is a crisis and one of the most difficult financial issues plaguing millennials in the gig economy.

“We’re playing in a weird space of dark comedy,” said Torpey, who developed the show with TruTV producers and various nonprofit groups. “As a comedian, I think a common approach to a serious topic is to try to laugh at it first.”

Video: Paid Off with Michael Torpey – The Story Behind Paid Off with Michael

The rules of game show are simple: Three millennial contestants, all of whom have an exorbitant amount of student debt, go head-to-head in a few rounds of trivia questions, hoping that their useless liberal arts degree enables them to answer enough questions right. If they win, well, the show will cover 100 percent of their outstanding student loans.

“One of the mantras is ‘an absurd show to match an absurd crisis,'” Torpey told The Washington Post. “A game show feels really apt because this is the state of things right now.”

Earlier this year, the show had a casting call in Atlanta – this is what the casting flyer stated: “truTV’s new comedy games show PAID OFF is going to do something the government won’t – help people get out of student loan debt! If you’re smart, funny, live in the Atlanta area and have student loan debt, We Want You!”

Video: Paid Off with Michael Torpey – Finger The Masters

Torpey told NBC that “he strives to balance the light-hearted trappings of a game show with an earnest, empathetic look at the student debt issue.”

“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!”

Google searches for “paid off game show” have been rising since June.

Millennials are also wondering how to “sign up” for the show.

Meanwhile, “student loans forgiveness” searches have been surging over the cycle

Comments

Guderian Wed, 07/11/2018 - 22:06 Permalink

I know an Albanian pimp in Philly, that will pay off snowflakes student loan debt.

May take a few years, but won't require early wake up or long hours at the factory or office.

No complicated questions to be answered, just customers wicked dreams and a monthly clip that includes whips, ropes and strap-ons.

It's a walk in the park, if you do it right.

Cognitive Dissonance Wed, 07/11/2018 - 22:06 Permalink

LOL

I don't understand the problem. I have a BS (Bull Shit) in snowflakes studies and have made a million off of it over the last few years.

/sarc

As I have said before, this is the result of children having children who had children. I would blame the parents, but they are themselves children so.......

wisehiney Wed, 07/11/2018 - 22:11 Permalink

Dead beat mofos.

I remember you Texas Fuckers......

https://www.youtube.com/watch?v=DUESvITrvsI

Trudy

Charlie Daniels

Call up Trudy on the telephone 
Send a letter in the mail 
Tell her I'm hung up in Dallas 
And they won't let outta this jail 
And if she asks you how I'm fairing 
Tell her I'm just about to lose my mind 
Worried about old Johnny Lee Walker 
And the girl I left behind 

Now Johnny Lee Walker was a card mechanic 
Had a hand for trouble and a eye for cash 

Luckiest man in Dallas County 
He had a gold watch chain and a black mustache 

And he loved his whiskey and he loved his women 
Drove a big long Cadillac limousine 

Kept a big fine fancy townhouse in Dallas 
And a hotel suite in New Orleans 

Carried a switchblade knife in his left hip pocket 
And a 44 hog leg up under his coat 

Cut you down in a New York minute 
If he catch you cheating that was all she wrote 

So call up Trudy on the telephone 
Send her a letter in the mail 
Tell her I'm hung up in Dallas 
And they won't let outta this jail

If she asks you how I'm fairing 
Tell her I'm just about to lose my mind 
Worried about old Johnny Lee Walker 
And the girl I left behind 

I just got to town last Friday evening 
Sure as hell didn't mean to stay 
I was on my way back to Louisiana 
Had a powerful thirst and six months pay 

I met a peroxide blond in a bar on D-ville 
I was flying high and feeling mean 
Poured down a bottle and a half of red eye 
I dropped thirty five dollars in the slot machine 

And the boys in the back was dealing seven card 
I set down and won me a 110 
I was raking in chips like Grant took Richmond 
Till big Johnny Lee come a strolling in 

He ripped off the bar like a 707 
Pretty soon he done won all of my bread 
I accused him of cheating he reached for a pistol 
I grabbed a chair and went upside of his head 

Then I took off a running like a motorcycle 
Heard the bullets whining and sirens wail 
But it took half the cops in Dallas County 
Just to put one coon ass boy in jail 

So call up Trudy on the telephone 
Send her a letter in the mail 
Tell her I'm hung up in Dallas 
And they won't let outta this jail 

And if she asks you how I'm fairing 

Tell her I'm just about to lose my mind 
Worried about old Johnny Lee Walker 
And the girl I left behind

Zorba's idea Wed, 07/11/2018 - 22:13 Permalink

Classic Americana...MSM makes chimps out of its Student Loan Racket. should be a big hit. Meanwhile the insanity that is education US style continues to glow. Applause Sign On :/

you know they … mayhem_korner Wed, 07/11/2018 - 23:28 Permalink

Not really. I know someone who filed bankruptcy twice. Between the two bankruptcies, I think she owed over $100K. And she kept most, if not all, of the useless stuff she had bought.

Not that many years later her credit score is not that much lower than mine. (I have excellent credit, having never even missed a payment.)

If I remember correctly, she was still getting offers to buy things (like cars and credit cards), within a year of filing bankruptcy.

BTW, I made my son pay off his student loan debt. Yes, I helped him some.

But when he went to the emergency room a few months ago, and got a bill for 15K, for virtually nothing, I told him to NOT pay. They will never see that money. The student loan was our choice, we should pay it back. But the medical bill is a fraud. He got a job. He paid for insurance. (As the law required him to do.) Then the insurance says they only have to pay $100.00. They can go fk themselves. All of them. The insurance, the medical, the lobbyists. And everyone else involved in this scam.

 

In reply to by mayhem_korner

MusicIsYou Wed, 07/11/2018 - 22:30 Permalink

The motivation behind success, a good job, and financial freedom for most people is still to be able to have some privacy. Of course there is no privacy today, so now you have tens of millions of people telling (via just not paying) the government to stick the loans up their butt.

MusicIsYou Wed, 07/11/2018 - 22:34 Permalink

Hey, maybe if people with bachelor degrees didn't have to work at applebees (which is of course on the verge of collapse like many restaurants), then maybe they could repay debt.

Golden Showers Wed, 07/11/2018 - 22:38 Permalink

How about a show called "Laid Off"; about how unemployable the majority of dumb ass chickenshit mellennials react to working. Follow their asses for a couple weeks all "Real Life" style and watch them get fired one by one as they fail at life and can't pay rent living 6 deep in a closet in SoHo or wherever the fuck.

This is the story of what happens when Mommy and Daddy cut your bitch ass off. No maid, no fucking car payment, nothing. Watch them try and survive the Income Support Division office.

Watch them as they live in denial and spend the last of their money on weed and expect Jesus to come down out of the sky and make ends meet.

Watch when they end up evicted and and hyperventelating in the fetal position asking God why them.

Nothing personal.

Utopia Planitia Wed, 07/11/2018 - 23:19 Permalink

When I took out student loans 20 yrs ago nobody wet nursed me to "make me feel better" or "cover for how ignorant I might be" in taking out the loan.  I had to do my own research to determine if it was a deal that would pay off, and then make my own decisions as to whether I would sign on the dotted line.  And the same was true for all the other students I knew.

The result of that was generally good decision making on the part of most students.  There will always be some idiots who sink themselves before leaving the dock, there is no getting around that.  But if you coddle these children and tell them you'll hold their pee-pee when they make a really stupid decision then there is no incentive to make a good decision.

There is a truly insidious reason that the student loan system is set up the way it now operates.  Most people do not have any concept of how it works, despite it all being right there in plain sight.  Put simply, it is an ingenious (and hideously corrupt) way of ensuring communist indoctrination.  I suspect most taxpayers, if educated a little, would be outraged.

Victor von Doom Wed, 07/11/2018 - 23:21 Permalink

You too can break even if you are lucky enough to be selected - and you win!

Yay!

Or... just don't be a dumb fuck and go for degrees that don't add to your bottom line.

Magooo Thu, 07/12/2018 - 01:52 Permalink

How about a show where broke graduates with green studies auction their asses off to wealthy Arabs and Mainland Chinese with the proceeds going to pay off their student debts?

Mineshaft Gap Thu, 07/12/2018 - 08:04 Permalink

And now for our lightning round!

Remember, this is a chance to knock thousands off that media studies degree loan.

Megan, first question.

How many fingers am I holding up?

...Wrong! The correct answer was four. But I really thought your answer had a totally valid perspective.

Josh, your turn.

Does rain fall or rise?

...not sure? Think it over...five seconds...and time's up.

OMG, right? Who can even remember that in an Alexa-driven age?

Sadly, neither of you gets loan forgiveness for those tuition charges and Spring Break hotel rooms and Apple Store binges, but unlike your alma mater we don't want to send you home empty handed. So we've got a little something to say thanks for playing today.

Get ready because...it's a brand new car loan! Steve, tell our contestants about this exciting prize, courtesy of the caring people at the People's Coalition For Woke Financing...