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Is, in my view, a trickle down government approach which has government thinking it can do a better job than free people pursuing their dreams. it's not working. the truth is that 50% of college graduates this year can't find work. >> is that accurate? >> well, again, this is one where it depends how you're defining the terms. 50% is not a number people have, but 53.6% the ap found a couple weeks ago is the number of college grads who are unemployed or underemployed. underemployed, key term there. doesn't mean they're out of work, but it could mean people are coming out of college with really ...

Senatorial committees. what do you think governor rom romney has to do to capture the white house in november? >> he will be given a couple of opportunities to present himself to the american people. until now, he has focused on the president and the failure of the last 3 1/2 years, when he picks a vice-president and when he gives his speech at the convention, he will have a chance to really introduce himself to the american people. and he needs to show a vision for the future. >> eric: how about the president for capturing a second term? >> i think this is what is best for the american people...

>> well, we are already in june. new college grads head out to the work force hopping - hoping to get hired. employers expect to hire 10.2 percent more grads this year than last year. what companies are hiring. cheryl casone is from the fox business network and joins us. >> only half have full-time yobs. you pay your dues and get the loans and go to school and you can't find work. it is frustrating. >> half of the people . kids without jobs and this year is better than last year. >> a little bit better . 53.6 percent . of anybody with a bachelor's degree only had nothing or was under exploited...

They're getting priced out but more and more people who don't academically qualify for that. . this is a much larger issue the president wants to bring to bear in this election cycle. >> student loan debt is $867 billion ahead of both credit card and auto loans. that is -- if you're talking about the economy, that's verinist. this is staggering. last year, 53.6% of young adults 25 or younger with bachelor degrees were without a job or under employed into that speaks to the whole problem with higher education. it's not just about four-year degrees. we need to talk about technical education, too...

Number is 53.6%. when you look at that. that is the young work force. those are the ones that are supposed to rev up the economy and expand and great thinkers of the future. they are simply sitting on the sidelines and buried in debt? >> so what is happening, as you point out, unemployment rate is b 11 years was 41%. right now this is an election year issue. it's becoming an issue for the congress and white house and for republicans from both sides of the aisle because interest rates and student loans are set to double this july if the government doesn't move to stop it. but then the argument ...