Detailed text transcripts for TV channel - FOXNEWS - 20130705:20:52:00
Yoe. we've doubled the rate that students are paying on interest loans. >> doubling the rate or -- i always tend to think, senator, that every time colleges see that the money is going to come in, whether it's through low-interest rate loans that kids qualify for or a good effort like this. the heart is in the right place with what you're propose tg oregon. the money is running out or that kids have other options, then they might respond differently. what do you say to that? >> well, the data doesn't bear that out. what's happening is students going through junior colleges or career colleges o...