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Elizabeth Ayoola

👤 Speaker
5640 total appearances

Appearances Over Time

Podcast Appearances

NerdWallet's Smart Money Podcast
Impulse Spending Fixes and PSLF Choices When You’re in Grad School

Sorry, 10,000 pounds, correct me, 10,000 pounds, which is still way cheaper.

NerdWallet's Smart Money Podcast
Impulse Spending Fixes and PSLF Choices When You’re in Grad School

And my post-grad was like, and I know the type of degree that you choose, you know, influences the price as well, but it was around five or six thousand pounds.

NerdWallet's Smart Money Podcast
Impulse Spending Fixes and PSLF Choices When You’re in Grad School

So I'm like, people are paying a hundred thousand, two hundred, three hundred thousand dollars for school.

NerdWallet's Smart Money Podcast
Impulse Spending Fixes and PSLF Choices When You’re in Grad School

Yeah, that's wow.

NerdWallet's Smart Money Podcast
Impulse Spending Fixes and PSLF Choices When You’re in Grad School

It's a lot.

NerdWallet's Smart Money Podcast
Impulse Spending Fixes and PSLF Choices When You’re in Grad School

Yeah.

NerdWallet's Smart Money Podcast
Impulse Spending Fixes and PSLF Choices When You’re in Grad School

Thanks for emphasizing that, Kate, because I know sometimes we can get scared and make like fear based decisions.

NerdWallet's Smart Money Podcast
Impulse Spending Fixes and PSLF Choices When You’re in Grad School

Right.

NerdWallet's Smart Money Podcast
Impulse Spending Fixes and PSLF Choices When You’re in Grad School

So could the Trump administration, including the Department of Education, just wake up one day and decide to cancel the PSLF program or would it take congressional action?

NerdWallet's Smart Money Podcast
Impulse Spending Fixes and PSLF Choices When You’re in Grad School

I think I personally would pay off the PSLF loans.

NerdWallet's Smart Money Podcast
Impulse Spending Fixes and PSLF Choices When You’re in Grad School

That would be my choice in this scenario.

NerdWallet's Smart Money Podcast
Impulse Spending Fixes and PSLF Choices When You’re in Grad School

And simply because, like you said, Kate, nothing is written in stone yet.

NerdWallet's Smart Money Podcast
Impulse Spending Fixes and PSLF Choices When You’re in Grad School

Would it be amazing for all my loans to be paid off after a period of time?

NerdWallet's Smart Money Podcast
Impulse Spending Fixes and PSLF Choices When You’re in Grad School

And I could use all of that bulk cash to do exactly what Sean said, bulk up my emergency fund.

NerdWallet's Smart Money Podcast
Impulse Spending Fixes and PSLF Choices When You’re in Grad School

Of course, go on vacation.

NerdWallet's Smart Money Podcast
Impulse Spending Fixes and PSLF Choices When You’re in Grad School

You can edit that out and just do other things that are really fun.

NerdWallet's Smart Money Podcast
Impulse Spending Fixes and PSLF Choices When You’re in Grad School

Yeah.

NerdWallet's Smart Money Podcast
Impulse Spending Fixes and PSLF Choices When You’re in Grad School

So yeah, I would definitely stick with paying off the loans.

NerdWallet's Smart Money Podcast
Impulse Spending Fixes and PSLF Choices When You’re in Grad School

I have a third option.

NerdWallet's Smart Money Podcast
Impulse Spending Fixes and PSLF Choices When You’re in Grad School

If I decide to change my career and become a nurse or a teacher, it sounds like GoFundMe is a lot more straightforward.