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If a high school graduate will make on average $30,000 a year throughout their life. a college graduate makes $56,000 a year throughout your life. the earning potential that you have is absolutely very much worth it. the average debt of somebody coming out of college right now is about $26,000. that's about the difference of what you will make throughout your life in one year if you go to college. it's absolutely important. i would like to take one issue here that governor romney absolutely has supported the interest rate reduction. nothing in his plan is suggesting anything otherwise. also, i...

Next olympics. unless you're someone like a michael phelps. >> okay, i want to get to them. also when you look at something like you've got michael phelps and ryan lochte. both of them from the same sport. is there room for more than one star from any given sport? and if not, how long does michael dominate before ryan gets the edge, or does his record-setting achievement? does that mean he stays the big money winner? >> i think michael phelps is probably going to be the big ticket item. plus the big winner throughout all of this. because right now michael phelps makes about $5 million to $7 mi...

Making her face onto the way of the cover of a corn flakes back, typically do gymnasts do well? >> yeah, they do pretty well, as long as they win an olympic gold medal or they actually have like a personality. or they have a defining characteristic. such as gabby douglas, obviously being young. but she also has that personality, the infectious smile. >> yeah. >> so i think that, you know, someone like herself, her earning potential, leading up to the next olympics, could be upwards to $10 million. >> and give me just a couple of things that advertisers will look for from these olympic athletes...

War ii was this notion that everybody needs to go to college. it has helped dumb down the college, itself, that it has undermined high schools and then you have to people graduating while the earning potential is larger throughout their life, they carry more debt as well. peter teal of paypal was on "60 minutes" because he has an innovative thing if you agree not to go to college he will give you $100,000 to work on your idea. listen to him. get people's opinion. >> the sub prime lenders people are conned to thinking this credential is the one thing you need to do better in life. they are not ...

War ii was this notion that everybody needs to go to college. it has helped dumb down the college, itself, that it has undermined high schools and then you have to people graduating while the earning potential is larger throughout their life, they carry more debt as well. peter teal of paypal was on "60 minutes" because he has an innovative thing if you agree not to go to college he will give you $100,000 to work on your idea. listen to him. get people's opinion. >> the sub prime lenders people are conned to thinking this credential is the one thing you need to do better in life. they are not ...