Detailed text transcripts for TV channel - FOXNEWS - 20150102:11:25:00
We have the editor of c.m.s. news. >> the federal government has direct control of direct student loans. starting in july 2010 banks languished, they were in the health care and reconciliation act which was part of the obamacare law. that $806 billion are loans that the federal government has made for students to go to school. that's money owed to the u.s. treasury. >> unbelievable. we have rick reichmuth who announced on the air two weeks ago that he finally paid off his student loans. students are being saddled with these loans for years and is holding them back. president obama talked about...