we have a graph to show. economists are blaming the federal government entering the student loan market. it is creating a bubble like the housing bubble. in the school year 93 percent of all student loans were government issued loans. these aren t private loans we are talking about here this is the government getting into the college business and driving up tuition prices. now you have more and more folks falling behind on these payments as overall student debt sky rockettes in the country. the overall level of consumer debt is way down since the recession. this is the one area ballooning. those that are behind on the payments 90 or more days now stand at 11 percent. it is around 9 percent. people can t afford to pay off their debt especially if they
elections, republicans have become a finely-tuned filibuster machine. see how the number of filibusters sky rockettes there in 2007? that s the voice of the republican minority. just since president obama took office republicans have filibustered the stimulus, the tobacco regulation, extending unemployment benefits, health reform of course you know what? actually, it s pretty much everything. do we have a scroll of that? yeah. as far as we can tell, republicans have filibustered every major piece of legislation since president obama took office. the only major actions we ve been able to come up with that weren t filibustered were the nominations of the president s cabinet secretaries and the nomination of supreme court justice sonia sotomayor. that s because cabinet secretaries and supreme court nominees rarely if ever get filibustered. but never say never. another supreme court nomination coming up this summer. procedurally, this is the reality in the senate. republicans are filibus