Detailed text transcripts for TV channel - CNN - 20100809:05

Detailed text transcripts for TV channel - CNN - 20100809:05:13:00

nearby public college. don't you think that is outrageous when you compare that? >> 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 exactly the point. the other point they don't talk about in the report is unfortunately 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 want to talk about the return on investment, it is 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

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