Detailed text transcripts for TV channel - FOXNEWS - 20111026:15:09:00
8.8% is the last tally on that one for federal student loans. you imagine in if the economy remains way it is. jobs are tough for college graduates to find and students will default on their loans and the government is off the hook. jenna: that is interesting. government funding or taxpayer backing. rich, thanks very much. >> reporter: thanks. jon: have you paid off your student loans? jenna: i looked at them last night. it can be difficult to figure out at times. it affect as lot people. we'll find out more from the president at 12:45 eastern time. jon: congressional committees are investigat...