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Landmark criminal cases where people civil rights were violated. yeah. i don't think he denied that. i think even mentioning what the attorney general was doing, i think he embraced that. >> professor ogletree, a lot of americans don't pay attention to the targeting and disproportionate incarceration rates of young african-american men and the sort of echo, the cascade effect it has in terms of income, in terms of mobility, and mobility in american society, income gains and really a more equitable society. i thought it was a wonderful moment that the president brought that up in the national c...

He did mention attorney general holder and his ongoing investigation. i don't know if i would go so far as to say he advocated. i agree with harls charles, thip of the first times we've seen the president step out of the title of the presidency and speak as an everyday african-american male and identify with the majority of african-american males in this country. i thought that was very, very important. we know -- you're absolutely right that the federal government has always had to intervene even in terms of dealing with some of these landmark criminal cases where people civil rights were vio...

At the interest rates on these college loans. they are absurdly high whereas if these youngsters could get a little bit of money saved or whatever they couldn't get any interest on their money if they loaned it to the government or put it in a bank or that sort of thing. >> i know are you not a numbers guy -- >> no, no. >> 43% of 25-year-old have student debt in 2012, up to 27% in 2004. almost double. the number of student defaults rose from 4.6% in 2005 to 9.1%. it is the number two reason for debt in this had country after mortgages surpassing credit card debt. this could be a generation los...

Obviously hits their parents and their whole family. >> that is the story here. it has a sort of cascade effect. you are in debt, you can't buy a car, you can't contribute to the u.s. economy. now i believe a quarter of american adults between 18 and 30 live with their parents. unemployment rate for millennials is 16.1%. >> people keep asking why is the housing recovery so slow, though it's been a little better the last few months? it's because millennials can't afford to buy a home because they are so burdened with debt. part of the fix on that is on the interest rates. but the senator's been...

The bank has a holding company. the consumers, you and me who saw what happened in 2008, what is the larger problem? >> the only way to solve these systemic issues would be to separate these functions in totally separate institutions. right now the incentive for these banks based on regulations on the one hand and shareholders on the other. that is not good for our economy. >> and not good for anybody trying to get a loan. any of these things. small businesses. >> and i applaud the attempt to regulate these things. i think these were really infective regulations and i think frank is wrong in...