Detailed text transcripts for TV channel - FOXNEWS - 20111023:03:14:00
Future. i don't blame these kids for being upset about this, but i think their anger is misdirected. look, if you buy a car and turns out to be a lemon. you don't blame the bank that lends you the money to buy the car. >> a couple of years ago, the federal government intervened and made sure that from now on. the department of education, generates all student loans and used to be a lot done by banks, no longer. what-- >> that's right, what effect has that had on taxpayers. >> that means we own the risk and about a trillion dollars on to the federal balance sheets. tough loans for students to e...