the student discount rates -- they were based on a free-markt type of florida -- system.the way, i would apply the same crics consider thfed realisticall you know, having missed you at the realistic level that is not realistic. >> the proem is th whole system. we have this national id system where the government controls the rate. my problem is that the government make 336 cents on every llar it runs out. so they have this interest rate that they set and they are the only benefactors from it. it is not like the interest rate is contrled in this way that is the problem. the government is setting students up to fail by telling them they should go to college. taking out 50 grand in debt, it doest matter what a major in. we actually need toget students to think about what they they're going toajor in, how it will procure them to succeed. making them consider how much and once what they are ting out. that is smething that the system -- there is no restriction, there no screening as to how many loans you can take out and how much you can take out . neil: my bigr issue with this

the stock markt is priced very fairly. that is not the case back in 2000 with the.com bubble.he case in 2008. the markets not going to continue to grow the rest of the year the way to pass the hour. what that really means is you can get back in the water. you don't have to have this fear that we are going to have a return of 2008. that is not on the table. gerri: is the bigger risk rising at this point? inflation at some point? >> yes, if ou takea look at the nd market over the past month. that is good evidence. the bond market came down dramatically. interest rates are now higher higher than they were a year ago. this is bad ws for bondholders. the risk that we have talked about how been the fact that rising interest rates mean bad news fobonds. it is ironic. peop who are fearful are worried we're going to lose money. so you have to wonder what are peoplehinking. and do they ha a rational basis for the strategy? gerri: thankou for coming on. you are a voice of reason. among a lot of crazy people out there. gerri: when we come back, look at the hottest trends in summer hats. c

if it is going to encourage more conservative investors spook into the markt. thank you very much.e one of the biggest players in the mortgage market doing something it hasn't done since the housing crash. we'll explain next. rick is tackling the markets rarity on. hey, rick. >> well, it is going to be somewhat local, $17 million a day, the underfunded mention growing in illinois, according to everybody but fitch, the lowest rated state in the kun i it tr, sdwrift has it about why the general assembly is coming back and what the quite of illinois's liability is. covered call strategies to generate income? with fidelity's options platform, we've completely integrated every step of the process, making it easier to try filters and strategies... to get a list of equity options... evaluate them with our p&l calculator... and execute faster with our more intuitive trade ticket. i'm greg stevens, and i helped create fidelity's options platform. it's one more innovative reason serious investors are choosing fidelity. now get 200 free trades when you open an account. we're headed the same w