Tuition Bubble News Today

>> reporter: why is it so expensive? some say the easy money has created a tuition bubble. others say its simple economics. >> you have to go to college to get ahead. we base kwlid have a fixed amount of supply. when demand is going up and supplies doesnt, prices rise. >> and so does debt. two-thirds of students have college dealt now averaging $26,000. >> right now, im almost $60,000 in debt which will affect my ability to get a mortgage and it will affect what kinds of jobs that i choose. >> r...

>> i think the universities are the biggest scam going in america. the costs -- theres no reason a college education should cost $30,000, $40,000, $5$50,000 a year. >> reporter: why is it so expensive? some say the easy money available to students has created a tuition bubble. others say its simple economics. >> you have to go to college to get ahead. at the same time, its not as if new colleges are opening up all over. we basically have a fixed amount of supply, and when demand is going up and ...

>> i cant believe we reached a time when we talked about a college education based on return on investment. it is not all about money. we dont have to overdramatize it. if college is what you want, it should be available. trade school is what you want thats what you should do . over the top response is foolish. >> we are in a tuition bubble and american family getting slammed by fat cat academics who think they are donald trump min i mes and running five-tar cafeterias. bill gates and michael de...

in america officially is 14 million people. the situation is getting dire. but i want to give you a bigger perspective. its hard to live in the moment and make decisions. lets go back to the beginning of 2009. thats when president obama first took office. we were losing in excess of 700,000 jobs in the month that he first took office. through 2009, things looked to get substantially better. according to experts, the recession ended in 2009. 2010, boy, we were building in the beginning ...

and at 3:00, well talk to general russell honore. plus fredrickas interview with tiger woods. im alina cho. see you in one hour. "your money" starts right now. im ali velshi. no economic issue is more important to americans than jobs. here is the latest. we had a jobs report come out for the month of august, no new jobs were created in america in august. the unemployment rate, which was 9.1% before we got into this remains at 9.1%. stubbornly high. the number of unemployed people in ...