I decided to make it into a cute summer skirt. I chopped it at the length I wanted.
Then I ironed about 1/4" down to finish the edge.
I then folded it over about 1" and ironed it down. (I really just eyeballed this measurement.) This will make the casing for the elastic.
Next I stitched around making the casing, leaving an opening to insert the elastic.
I used 3/8" non-roll elastic because it's what I had in my stash. The non-roll elastic is good for waistbands.
Stitch your elastic ends together, making sure they don't get twisted. Then stitch up your opening where you threaded the elastic and stretch out the waist to even out the scrunchiness (if that's a word).
Ta da! You're done!