$25,000 in college loan debt. college tuition up 368% in the last 30 years leaving students furious. and politicians making promises. congress needs to act right now to prevent interest rates on federal student loans from shoothding up. if it doesn t, loans subsidized by uncle sam rises on july 1. extending the current rate would cost the federal government and ultimately the taxpayer $6 billi billion, but something the president and hiss gop opponent agree on. i would like to extend the low interest rate on student loans. governor romney and the president out today both in favor of keeping interest rates low on subsidized loans, but some say that doesn t go far enough. welcome to the program, nice to meet you. i know you have had a very busy week. you say the student loan debt is morally unsustainable and we should forgive this debt. isn t that essentially asking people to pay for their neighbor s education? i wouldn t put it that way, no, education is a public goo
Government and look to the commercial and industrial expansion. the raups, red by the republicans, led by thomas jefferson, believed in the local government and economy based on small independent farmers. the american yeoman farmer has become a symbol of philosophy. above all professions, he would recommend farming to his son. among his reason, farming is among the vocation that con deuces most directly to reverence for honesty and truth. he would look out for every man because he was the every man, and jefferson believed that kind of person would make a great politician. she s not a farmer, but does that remind you of anyone? it s a lending industry that has changed its model. credit cards know we re the easiest ones to see.
Were in favor of a strong central government. the republicans led by thomas jefferson, believed in the privacy of the local government and a national economy based on small independent farmers. the american yeoman farmer has become a symbol articulated by jefferson. in 19 lt century, greelly writes above all professions he would recommend farming to his son. among his reasons is that farming is the vocation which con dueses most directly to reverence for honesty and truth. in short, the yeoman farmer would look out for every man because he was the every man. jefferson believed that kind of person would make a great politician. she s not a farmer. but does that remind you of anyone? it s a lending industry that has changed its model. credit cards, though, are the ease quest ones to see. they have switched from the
Revolution, the federalists were in favor of a strong central government and look to the commercial and industrial expansion. the republicans believed in the local government and economy based on small independent farmers. the american yeoman farmer has become a symbol of philosophy. above all professions, he would recommend farming to his son. among his reason, farming is among the vocation that con deuces most directly to reverence for honesty and truth. he would look out for every man because he was the every man, and jefferson believed that kind of person would make a great politician. she s not a farmer, but does that remind you of anyone? it s a lending industry that has changed its model. credit cards know we re the easiest ones to see.
What is the goal of this investigation? reporter: this investigation is looking at servicing procedures, in other words the way all of the mortgage lenders and the servicing agencies have handled more closures. now almost four years into this for closer crisis we find that there are still huge irregularities and lots of unfairness that may be consumer fraud in the way customers are being handled. jenna: why did it take for long for us, as you mentioned a couple years, for us to find this out now. reporter: we didn t just find it out. the most recent alarm was of course the robo signing program that came to light with a number of companies suspending all of their foreclosure activities because they found so many documents had been improperly prepared and due diligence had not been conducted. we ve been working with the lending industry for a longtime. i have sued almost every national bank at one time or