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Paying $60,000 a year for my daughter and it is scams like this one makes me mad. >> this is what goes on in higher education. it is increasing revenue for the insiders and not worry the students . not talk about $100 application how about 400 billion we spend on higher education and producing graduates who don't have the skills that our economies. >> morg oon. going back to thedea of a scam. it is it better than seeing it loosened in the classroom. >> and in thepped of the day. paying 60,000 for the students is watered down. and don't blame the application fee and blame the government subsidi...

Choir and her mother was a singer there as well. and as far as my public memorial to her, there's been no talk of that yet. maybe that will come down the road but nothing of that is being mentioned right now, there will be one camera inside the church, but it will be an invitation only funeral service. chuck? >> thank you very much. now to foreign policy news, rising tepe tensions in the str hormuz. here st. george and the uss, a military helicopter fired flares to force the iranian boats to turn away. syria is on the brink of civil

Up for sale. do they create any value for society? after all, they didn't invent the iphone or build microsoft. >> every once in a while, a revolutionary product comes along that changes everything. >> reporter: now, the fund managers argue they play an important role in the capitalist system. they also point out that they pay themselves little in salary and unlike some corporate ceos, only do well if their investors also have a good year. alex. >> thank you for that. new from libya, rebels are echoing calls for a cease-fire, but only if gadhafi pulls his troops from key cities. this may be ...