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As we watch this, two constituencies here, the folks at home watching, perhaps, who have never fully recovered from '08. >> absolutely. >> and the folks on wall street who kind of tell us what to think about the economy. >> absolutely. i think, brian, what everybody is watching is, one, how much they raise interest rates if they do raise rates and we should be getting the news momentarily. and whether or not they are done or not. and the fed has raised rates right now. >> i hear shouting. >> what do you got? >> i'm just waiting for the headline to come out but it looks like the fed has raised ...

>> it does not address the underlying problem which is the very high cost of college. and the lack of good jobs for when student graduate from college. essentially this move is a punt. students will get low interest loans for a couple years. then the rates will begin to rise. so you are punting for a couple of years. you are making it fairly easy for students to get those loans at a low rate in the immediate future. but the underlying problem high cost of college, no food jobs and that 11 per dle -- that 11%y rate lingers. bill: they are federally turned student loans provided to student throu...