debt. think about that for a second. the debt that people are in just to get, you know, a degree. >> very difficult when you are starting your life out. some people, $80,000 out of college. how do you deal with that when you are 22, 23 years old. >> many, six years out of school, move back with mom and dad. sad situation all the way around. progress through the new plan. also this morning, republican presidential candidate rick perry has ideas of his own to help americans struggling with that. >> perry proposing new dramatic changes to how we pay our taxes and spend government money. abc's john hendren, joining us this morning from washington with details. good morning, john. >> reporter: good morning, rob and yunji. texas governor rick perry making his effort to retake the lead in the republican presidential race. a flat tax you can put on a postcard. rick perry joined the flat tax bandwagon. >> a kind of bold reform that is needed to jolt this economy. >> reporter: his tax plan would let voters opt for the current tax code or 20% flat tax on the postcard. >> this is the size we're talking about right here.
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