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Boomers. that's the reality of fiscal policy and nothing that has happened including the sequester fundamentally changes that. >> you talk about this next generation, almost as if america in some cases is eating its young, when you look at the high student loan debt, the fact that so many kids are underemployed, all of these majors at one time would have been a path to middle class life are not anymore. the kids are underemployed. they're not even working in jobs. >> right. >> large share of graduates are not working at jobs that require a college education. >> exactly. there is a huge generat...

People will go to the cheapest possible way to do it. another thing going on. you realize that not only colleges, i'm talking about colleges sponsored by the states and universities, we also have a number. in fact there are so many private companies offering educational degrees that we have an etf that you can buy that encompasses all these schools. school competition, it will bring down the price and that is what is working. it's working in the private sector like we were talking about the post office. it will work again here. >> eric: do you like this idea? >> i think it is worth explaining ...

>> and i'm john berman. and the economy taking the back seat for a moment to foreign policy when it comes to the presidential campaign. >> we'll talk about mitt romney's trip overseas and president obama's brand-new ad. plus we're getting an idea of what the opening ceremony of the 2012 olympics will actually look like. but first, exclusive new details about the apartment of james holmes, the suspected colorado shooter. a law enforcement official has described to cnn video taken from inside the apartment. he said it was set up like something from iraq or afghanistan. 30 improvise...

>> it's looking more and more as if the supreme court will cut the heart out of health care reform law. that's the part which would require americans to buy insurance if that mandate is found unconstitutional and we won't know it until june. it's an open question whether the rest of the law could survive. the court wrapped up three days of historic arguments today. cnn's congressional correspondent kate bolduan and our legal analyst jeffrey toobin, they were both inside during the oral arguments. let's start with kate. what's your take, kate? how did it go today? >> wolf, after three...

College of agriculture. arizona is considering tuition increases in excess of 30%. georgia educators say funding proposed cuts next year through tuition increases would hike rates 77% a more likely scenario would involve a combination of smaller tuition increases and layoffs of professors and potentially the elimination of entire degree programs. >> what's at stake, of course, is the quality of public education going forward. we have to continue to make it accessible, affordable, and high quality. and it takes money to do that. >> as educators and lawmakers haggle over the budget, students wil...