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Luck. >> good luck getting in, because you're a big dummy if you do that. >> and gary k, here is the thing it's enticing when the money is out there and you're a young person not necessarily thinking who is going to pay for it. >> bottom line, the government foots the bill. the student can't afford it and they're not paying it off and they can't get a job because the job market is no good. so you get into a vicious cycle and end up what, forgiveness? they forgive everybody else and that's going to end up happening. >> and guys, my thanks to charlie and dagen. so you think this has been an impr...

These colleges. >> and naturally they're putting money in subsidized students loans and naturally that money is going to be available for the colleges and universities to take and they will. so they're force feeding the colleges and universities. they'll take the money and run. >> gary k, on wall street we talk about this all the time. when we talk about bubbles it's hard to argue at a trillion dollars this might be the biggest one out there. >> well, ends up getting on this little wheel, as you get more money in tuition goes up. when tuition goes up the government says we need to give more mo...

But a lot of people watching the show who voted for the president did not think they were going to get hit in the wallet, there's something wrong with that. >> there's something wrong with it and something wrong with the the idea of obamacare we didn't know what was in the bill when mrs. pelosi said we are going to have to wait until it's passed before we knew, and that's instant. >> real quick, gary k, is there any hope in sight, something we've got to keep learning about and paying for? >> there's no hope in sight. every program the government's done. every major program the government's don...

Sideswiped somewhat. >> let me make a small effort here to try to dial back the drama here because we should have -- >> what are you talking about? >> we should explain to people what this is about. obviously legislation sometimes has unintended consequences. the unintended consequence here is that the legislation was meant to help, i think someone had said, people who didn't have health insurance. well, that creates a disincentive for companies to continue to give the insurance in certain case. that's what the union is upset by. it doesn't shock me that the unions are going to try to be a -- ...

Now they want federal subsidies, but they ask for the law in the first place. should they pay for it? beagen mcdowell, adam, charlie and gary k. >> they should pay for every dime. the politicians didn't read the bill. the unions didn't read the bill. every time obama comes -- president obama comes out with something, they just back it no matter what, and all of a sudden they have an oops moment 'cause they realized oh, my costs go up, so please help me. i think the bottom line, they'll end up with some sort of exemption, some sort of subsidy and guess what? it will be on our backs as usual. >>...