molly corbett broad of the american council on education pointssout the recession's also a factor."when the states reduces its support, the only other placc to turn for most colleges in the public sector is to increase tuition."either way, students ike jjckie feel left ut in the ccld."a lot of in coolege or don't have kids my aae just think that, oh, you're either wealthy enough to go to college or you get finannial aid from the &pgovernment. it's that simple. but it's not thht simple." christine romans, cnn, new york.-----end----- ccn.script----- a big bankk.. paying out... ouu...the reason behind many people getting checks (((rrak 3)) 3 3 3 --reporter pkg-as folloos --discovvr bank is &prefunding $200 million dollar to morr han three and a half million customers.why? becauue of deceptive telemarketing. a joint investigation by the consumer financcal protection bureau and the f-d-i-c found were misleading customers.they tricked ccstomers into ps - purchasing credit card "add ons," like identity theft protection ann credit score tracking.telemarketers often implied these enefits wer

molly corbett broad says that the recession's heavy toll on the state budget is also a factor. >> whenhe only place to turn for most colleges in the public sector is to increase tuition. >> a lot of people who don't have students in college or don't have kids my age, think, oh, you're either wealthy enough to go to college or you get financial aid from the government, it's that simple. but it's not that simple. >> jackie won't be the only one left out in the cold if the u.s. falls over the fiscal cliff, that fiscal cliff that will hit at the beginning of next year. some of the education programs will hurt at risk students. pell grants are safe for next year. but most federal aid grants face an 8.2% cut. programs that support research would also be scaled back and while congress is busy doing nothing, the rest of the world is moving forward. u.s. college situation rates are the highest in the world. the rest of the world is catching up quickly and may surpass the u.s. for high school graduation, the u.s. ranks much worse, 22nd out of 27 countries. and just 29% of students in the u.s. wh

molly corbett broad of the american council on education says the recession's heavy toll on state budgetss also a factor. >> when the state reduces its support, the only other place to turn for most colleges in the public sector is to increase tuition. >> reporter: either way students like jackie feel left out in the cold. >> a lot of people who don't have students in college or don't have kids my age just think, like, oh, you're either wealthy enough to go to college or you get financial aid from the government and it's that simple, but it's not that simple. >> no, it's not that simple. what is simple and what's very clear is that, you know, families aren't saving enough money in part because they can't in many cases. a recent study biography dealt investments shows families are way behind in their college savings goals. fewer than one-third of parents with college-bound kids are considering the total cost of college. only 30% of all families are on track to cover those costs. >> so i'm wondering if the news of the extraordinary increases in college has yet to filter down to people to sa

molly corbett broad of the american council on education says the recession's heavy toll on state budgetstor. >> when the state reduces its support, the only other place to turn for most colleges in the public sector is to increase tuition. >> reporter: either way, students like jackie feel left out in the cold. >> a lot of people who don't have students college n college or don't have kids my age think, like, you're wealthy enough to go to college, or you get financial aid from the government. it's not that simple. >> reporter: christine romans, cnn, new york. >> now, a recent study by fidelity investments shows families are way behind their college savings goals. fewer than 1/3 of parents with college-bound children are even considering the total cost of college. and only 30% of all families are on track to cover that hefty cost. >>> he just won an emmy for his role on "two and a half men." so how acting along side ashton kutcher different from acting alongside charlie sheen? the writer's desktop and the coordinator's phone are working on a joke with local color. the secure cloud just r