Detailed text transcripts for TV channel - CNN - 20100809:02

Detailed text transcripts for TV channel - CNN - 20100809:02:13:00

california and only $520 at a nearby public college. >> what that doesn't talk about is the fact that every california citizen is paying taxes to subsidize those students at those public colleges and universities. it's over $10,000 per student. >> but the difference between $13,000 and $520 or the difference between what is it, $30,000 and $400. i mean, that's a huge difference. no one is paying that much taxes. >> they are. that's the point. the other point they don't talk about in their report is the graduation rate from our community colleges across the country is about 22%. whereas from our colleges with exactly the same demographics, the graduation rate is closer to 62%. so if you talk about return on investment, it's actually a good return on investment. for people in the public to allow students to have a choice whether to go to a community college, a traditional college or to a career college. >> and straight ahead here on cnn, the man behind the proposed

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