john: the plan is to forgive the lungs completely, just stick the taxpayers, but this is a huge mistake says author of the education apocalypse. what is the mistake? >> when you subsidize things, you make them more expensive which has been the history of the student loan debacle. since the 70s schools have responded by increasing the amount of tuition charged. the student loanthe student loan subsidies should not be thought of as a subsidy for students because they go into debt. a lot of people make excellent salaries, have good benefits and tend to vote democrat. john: back to the big government party. >> that's right. look at barack obama's campaign. stanford university, harvard university, ucla, obvious that higher education is a big source of money and foot