i would subsidize more the pell grants for the poorer kids who are not able to go to college and i wouldhen let the middle class kids take the higher interest rate. it's still economically a great deal to go to college. you've seen the differences between your life income if you graduate from college as opposed to just graduating from high school. this subsidy again of the middle class, some of the figures, somebody at cornell did the figures the other day on inequality, growth of inequality. i know it's a favorite thing of yours in your book. one of the reasons we're seeing this growth in inequality is because more and more of the subsidies have been going to the middle class from the real poor. and again, i think that's a mistake. tavis: two things. we make that case in our book because politicians love playing to the angst of the future of the middle class but that's the question we raise if the middle class is disappearing as we know it, if the middle class make up the new poor, who are we going to talk to on the campaign and every time there's a program that plays to the middle clas

pell grants, healthcare reform, those aren't things that show up in the paper every day, and for betterr worse i know most young people don't get their news from the new york times or msnbc or fox necessarily so having a one on one with those young people talk about what the president has done how and why is a starting point, and then leading into the fall you'll see the launch of gottovote.org. you can look at your voting deadlines are and so on. >> we talked a lot about how republicans across the country are suppressing the vote. so in addition to this website, what -- what is the campaign doing to get them registered properly? to make sure their vote is going to be counted? >> sure, one of the president's great strength has been and always will be his volunteers. i have had the chance up until now to go to a number of key states, including yours in michigan just a few weeks ago, and it really is building a campaign from the ground up. if you see how the participate has continued since 2008 and making sure your friends and relatives are registered to vote, part of it is of course the

their new chant their new favorite chant is one two three four tuitions these are class war the pell grants go to the poorest students they go to the ones who don't qualify for merit aid in this case they're cutting them as you said to students who have been in school for over six years which is usually working people who are going back to school or who can't afford to go to school full time so they're taking it away for once again the hardest working people who are trying desperately to live the quote unquote american dream that says if you go to college and get a degree you'll get a better job and you'll have a better future so why do you think these austerity measures are always targeted toward toward the lowest economic i mean down at the top the people who need it the most i mean i know you're saying it's class or it just seems like it's just over and over again these talks of eliminating the and it's always just focused right on the people who need it the most. those are the people who can afford lobbyists. i mean it's pretty simple right who you kick people when they're down they hav

(laughter) >> this is why we're also very upset about the cuts in pell grants. (cheers and applause) >> stephen: sir, i teach sunday school, jesus doesn't say anything about pell grants. (laughter) father, thank you so much for joining me. (cheers and applause) father tom reese from georgetown university. we'll be right back. (cheers and applause) (cheers and applause) >> stephen: welcome back, everybody. thanks very much. my guest tonight proposes a new form of government. i hope it's a poppy-ocracy. that would be adorable. please welcome carne ross! (cheers and applause) mr. ross, thank you so much. all right, sir. now you are an economist, correct? >> originally, yes. >> stephen: originally an economist and now you're a former senior british diplomatic official and you left service in the british government after you had testified secretly that bush and blair said it was more of a threat than iraq maybe was. >> yes. >> stephen: so you are a traitor? (laughter) >> a little bit, yeah, they thought about prosecuting me but they didn't. >> stephen: you have a new

head start 1964, pell grants 197.l security -- >> bill: what hab the result of all of the programs. >> head started hats really helped kids. no overall what has been the result of all the entitlement programs since the early 1960s. >> i believe it's made us a richer, better country. >> bill: it hasn't made us richer we are 16 trillion in debt. you just said it made us a richer country and we are 16 trillion in debt. >> i mean it's made people's lives richer. bill lives richer. >> he fed kids. not he i mean the presidents like lbj who started the nutrition program with head start. we have better education for kids. all kinds of things. >> bill: so you say that it's not money because obviously we are not a richer country we are much poorer. >> i should have said richer in our ability. >> bill: why do 75% of americans think the country is going the wrong direction? >> well, that's a broad question wrong direction. when you look at it issue by issue, people want to tax the rich more. people want healthcare. people wouldn'

i think places like pell grants is essential. education is juts essential for success in today's economy. >> the flaw, as i see it, is in the culture. the problem is big. we're in a huge transition. we have an increasing group of older people that need medical attention, we have young people that need work. we have a lot of transition to make. we're going to change all this. there are jobs for everybody, but instead of actually engaging in a real conversation to acknowledge, okay, we've got all these things. we'll have to work through this the next five or ten years culturally, we pretend they don't exist. >> right, and we get hung up on stupid things like this. i think we should bring the newest interest rate on subsidized loans down to zero. it wouldn't do much. >> how much rate do you think there is for both political parties in the debate last summer -- tla out and really just being transparent and manufacturing political theatre seems risky for both parties. >> i think basically this is a no-brainr. you are seeing strong sup

it's a debate that will have a big impact on the future of pell grant scholarships and student loans. president obama and i both believe that education is a public good. colleges shouldn't be reserved for only those who can afford it. in fact, investing in education is the best investment america can make to bolster our competitiveness in a knowledge-based global economy. [ applause ] simply put if we don't invest today, we as families, we as a community and we as nation will lose tomorrow. yet we know not everyone in congress agrees with that. ship see student aid from middle class and working and poor families as an expense that should be cut back in tough times. not an investment in the future. one recent presidential candidate even calmed president obama a snob for wanting more folks to go on to college. getting an education isn't snobbery. it's the ultimate act of self-empowerment. [ applause ] the pursuit of knowledge is a sacred journey people have literally died for. there was a time in this nation's history when you could be whipped and beaten for teaching a slave how to read

the pell grant is a beautiful thing, but with college getting more expensive, is it enough by itself ♪ ♪ >> now, there's some in congress who disagree. they say keeping the interest rate low isn't the way to help our students. they say we should be doing everything we can to pay down the national debt. well, so long as it doesn't include taxing billionaires. [ cheers ] but their position is that students just have to make this rate increase work. frankly, i don't buy it. >> jimmy: mm-mmm-mmm. the barackness monster ain't buying it. [ laughter ] we all -- we all know our legislative bodies in the house tossing and turning late into the night, but still, republicans disagree, and can even filibuster, but if they do, the president said they're going to feel it, buster. ♪ the gop is steady saying no no, no ♪ ♪ they should find something new to do like tim tebow ♪ >> the reason it's so important to keep down costs is so we keep college affordable. >> jimmy: and the president knows his stuff, y'all. that's why they call him potus, which means person on top -- what is it? >> jimmy, potus st

tori campbell, ktvu channel 2 news. >>> come july there will be less students the available for a pell grant. in addition starting july 1st only families that make $23,000 a year or less will automatically qualify for the $5,550 annual grants. in years past, families making $32,000 or less could qualify. >>> the west contra costa county school board says it is ready to take control of the district back from the state. the board will consider a resolution at its wednesday meeting authorizing the final payment of its state loan which has been paying off now for 12 years. that will allow them to remove the trustee. conditions for removal were expected to be met. >>> after months of scrutiny, a key acquisition by google has cleared a final hurdle. it's a deal to buy motorola mobility. regulators in the u.s. and europe had already signed off on the deal. officials in china gave it the okay. the $12.5 million acquisition of motorola provides google with an opportunity to start building consumer devices such as phones and tablets. >>> bad weather in southern california propertied -- southern califo

head start 1964, pell grants 197.ty -- >> bill: what hab the result of all of the programs. >> head started hats really helped kids. no overall what has been the result of all the entitlement programs since the early 1960s. >> i believe it's made us a richer, better country. >> bill: it hasn't made us richer we are 16 trillion in debt. you just said it made us a richer country and we are 16 trillion in debt. >> i mean it's made people's lives richer. bill lives richer. >> he fed kids. not he i mean the presidents like lbj who started the nutrition program with head start. we have better education for kids. all kinds of things. >> bill: so you say that it's not money because obviously we are not a richer country we are much poorer. >> i should have said richer in our ability. >> bill: why do 75% of americans think the country is going the wrong direction? >> well, that's a broad question wrong direction. when you look at it issue by issue, people want to tax the rich more. people want healthcare. people wouldn't do awa

and the lowest economic tear things just got substantially tougher starting july first federal pell grants are set to be cut for thousands of students here the students that will be affected by the cuts. sixty five thousand new college students without diplomas or g.d.s. sixty three thousand students who have been in school or the new maximum of six years under the program three hundred thousand students will have their grants reduced or eliminated because of more stringent income requirements so what is going to happen when the student debt bubble bursts or can this crisis be averted for more on that i'm joined by sarah jaffe associate editor at alternate dot org sarah what do you think about the recent decision to cut these programs well it's class war abby i mean how else do you phrase it i mean i was out in a march last night with a bunch of student activists here and their new chant their new favorite chant is one two three four tuition fees or class for the pell grants go to the poorest students they go to the ones who don't qualify for merit aid in this case they're cutting them as

the amount of money for pell grants this year is $41 billion more in grants. at the university of tennessee in knoxville, a fine campus where the tuition is about $7,200 a year, which is still a good bargain, by say at a great university, almost all the students show up with a $4,000 state scholarship called the hope scholarship, but for the quarter of those students who are low-income, they have pell grants that carry them above the amount of tuition the. so state and local governments have made a great effort to try to make it easier for our young people and older people to continue education and we want to continue to do that. there's a bipartisan effort on that. now, the specific issue at flayplay here, the one we're likely to vote on tomorrow, has to do with one type of those student loans. and let's -- let's try to put that into perspective. if either version, the democrats have a version and republicans have a version, i'm offering a version which would pay for it by giving back the students the money that the government's overcharging them. the democra

>>bret: the president was talking student loans and say you cut back on pell grants and said that republicans turning their backs on young people. >>guest: well, each week we will see the president pander to various groups in the country to try and build an election coalition to try and win this election, pell grants, for example, dramatic increase in spending over the last number of years and what we have eastbound is a corresponding dramatic officer in tuition inflation. our budget keeps progress where it is but we do not sign up for the additional increase the president is proposing and if we are not increasing pending as much as the president proposes that is considered a huge cut. >>bret: is he wrong when he says this? >>guest: he is wrong all the time. we are used to that. everything the president says about budgets and numbers, we are used to him telling things that are distortions. >>bret: democrats have taken attacking of the ryan budget to new levels using this ad in a man looking like paul ryan pushing a woman if a wheelchair over a cliff in a new york congressional race. and, then

the chronicle reports the governor wants to tie the grants to federal pell grants that would limit the amount students can get. if congress does not pass a bill by july 1st interest rates on federal student loans will double. the senate appears to be deadlocked in a partisan battle. votes are coming mostly along party lines. >>> a once promising usc football star cleared of rape after five years behind bars. >>> he pleaded no contest to a charge of rape in 2002 rather than risking a 41 year sentence, his accuser has recanted his story and the conviction vacated. >>> i made never get the answers as to why i went through it but i know i am here today and remained unbroken. >>> bank said the accuser friend him on facebook and offered to help clear his name. >>> in major hurricane approaches mexico. >>> the device 20 times better for birth control than the pill. >>> lawmakers come up with a clever way to pad their pocket over the weekend. >>> unofficial kickoff to summer, when travel plans watch out likely to seasonal and the sierra down to five dozen feet. >>> the get where we can for mor

one.% now he is behind the ryan budget that would push 2 million kids out of head start, slash pell grantsso important to our student's success, but when you take a look at higher education, the slashing to the pell grants, of course, which we know impact those students who need that help the most. now his idea -- listen to this -- his idea is for those students to go and ask their parents to give them a loan so they can go to school. >> yeah. >> if their parents had the money to send their children to school, then there wouldn't be an issue. so it's such a good example of how out of touch he is with the realities that our middle class americans are facing. >> the headline i'm reading today is romney's higher education plan a give away to the banks and predator agencies that fund his campaign. that says it all doesn't it? >> absolutely. it says it all and all we have to do is look at his record. we know that he -- he slashed education funding by millions and millions of dollars and resulted in layoffs -- not just of teachers, by of police officers, and librarians. of course he cut staff --

the amount of money for pell grants this year is $41 billion more in grants. at the university of tennessee in knoxville, a fine campus where the tuition is about $7,200 a year, which is still a good bargain, by say at a great university, almost all the students show up with a $4,000 state scholarship called the hope scholarship, but for the quarter of those students who are low-income, they have pell grants that carry them above the amount of tuition the. so state and local governments have made a great effort to try to make it easier for our young people and older people to continue education and we want to continue to do that. there's a bipartisan effort on that. now, the specific issue at flayplay here, the one we're likely to vote on tomorrow, has to do with one type of those student loans. and let's -- let's try to put that into perspective. if either version, the democrats have a version and republicans have a version, i'm offering a version which would pay for it by giving back the students the money that the government's overcharging them. the democra

he says your budget cuts back on pell grants and essentially said that republicans are turning theirks on young people. >> well, i think every week we're going to see the president pander to various groups in this country in order to try and build an election coalition to try and win this election. pell grants, for example, dramatic increases in spending over the last number of engineers p we've seen a corresponding dramatic increase in tuition increases. we don't sign up for the addition increase that the president is proposing and apparently if we're not increasing spending as much as the president proposes, that's considered a huge cut. >> is he wrong when he says this stuff? >> yes, he's wrong all the time when he says these things. we're used to that. everything he says about our numbers and budgets, we're used to him tell things that are dramatic distortions. >> alt times, democrats have taken attacking the ryan to new levels. taking this ad showing an old lady being pushed over a cliff. then there was president obama's invite to paul ryan to sit in the audience as he lambasted

coming changes to the pell grant student loan system will force thousands of college students to scrambleamong those who lose the grants are new students without high school diplomas and people who have spent more than six years in college. changes take effect july 1st and are expected to save the government $11 billion over 10 years >> funeral services have not been announced yet for a music legend ♪ ♪ >> robin geb passed away yesterday after a long battle with cancer. beedis soared to fame with saturday night fever. the film was built around the group's falsetto voices and disco music. it became one of the fastest selling albums of all time. in health news, sleep apnea has been linked to a higher risk of cancer. researchers found that people with severe sleep apnea or nearly five times the risk of cancer. the author of the study says that treating the condition of cancer patients will increase odds of survival >> today's the last day to register to vote if you want to vote in the june primary. voters will choose who moves on to the november general election and whether ballot measures b

pell grants are under assault. the job training -- black unemployment is critical.es they get involved in the movement, oh, i'm upset. no, this is part of the long haul. >> and that's my point. in the civil rights struggle there were always losses. we can remember '64, '65 the big victories but we don't think of the losses. we don't think of the long period of time, i mean, the effort to pass the civil rights act began many, many years -- a decade before it actually passed. so it takes a lot of time to push change. but here right here in 2012 i want to reaffirm, we have to occupy the vote, we have to vote. we can't go to sleep this year. the most important way to express our activism is go out and vote. >> we have to leave it there. i know you can go on and on. thank you so much for being here. >> thanks a lot. >> stay right there, we'll be back with more "our world with black enterprise." 7,000 chemicals that spread through your blood vessels... causing inflammation and clotting... restricting oxygen flow... and doubling your risk of heart attack and death... i'm d

the chronicle reports that the governor wants to tie the states' grants to federal pell grants and thatld limit the amounts that some students could get. time is running out for lawmaker's to keep a copy student loan interest rate at its current level. last night the senate defeated two measures, one backed by each party, to extend the rate on stafford loans. without congressional action that rate would double in july to 6.8%. well, they're out with a list of the most taxing men over 50. >> former secretary of state colin powell makes the list. he is 75 and in the club. george clooney is an actor and human-rights activists. former utah governor john huntsman is also there. jon bon jovi just turned 50 in march. and you agree with that? >> yes. >> just a few of the 21 men named this year. they are judged by their physical appearance, sense of heart. >> and they're cute ... >> struggle may soon be over, how they finally solve the catch up bottle conundrum. >> but first, success, a rendezvous that in 250 mi. above earth. >> around the bay area today it could be a very active afternoon.,,,,,

i was a pell grant recipient myself.e that that are really vital to continuing that pipeline of innovation here in the u.s. >> no question about it. listen, congratulations on what you've discovered. with your experiment so far. and all the best with your continued efforts. i hope you are able to achieve the necessary resources, which i know is the number one issue with a lot of these things. it's just development resources for the idea. so i hope that continues to flow for you. certainly you have the credentials to do it. thank you, professor. coming up here, the vice president, biden, who's our favorite around here, because the man just tells it how it is, even if it doesn't mean to, his straight talk on gay marriage making headlines. kelly govern's got a news flash from her perspective. and half that chris with more on that unguarded moment and what it could mean for the 2012 race. "hardball" at 5:00. [ male announcer ] what's in your energy drink? ♪ power surge, let it blow your mind. [ male announcer ] for fruits, v

like child care that women really depend on and where two-thirds of the women actually receive pell grantset the republican budget that governor rick santorum in i endorses and embraces slashes. >> you hear a fairness argument and she says fairness with a special hit on women in the republican budget. >> right. equal pay for equal work. theres no controversy, and when you look at women that are with similar education, similar experience on the job market, the pay gap that is referenced very quickly closes, those are not an appears appears comparison. when you look at the contraception issue, they're not talking about taking it away. it was president obama through health and human service that is proceed toesd to change the rule regarding insurance policies and the coverage of contraception. it was president obama that proposed that change. >> and republicans had a great issue when he was at war with catholic and other religious institutions. they had a great issue. did they over play their hand with the blunt amendment that would allow anybody to say i have a moral objection, not just a re

pell grants, in particular, and that's a good thing.ll above the income that you need for a pell grant and have a really difficult time paying for college. college is extremely expensive. the average private college cost a year is over $30,000, and the average public cost has gone way up with all the cutbacks at the federal, state and local levels, is about $17,000. and if you just figure that out, if you're an average family anywhere in america making $65,000 or $70,000, $17,000 a year, after you pay your taxes, pay your mortgage, pay for the necessities of life, is a heck of a lot of money. and so wisely, the federal government has provided some loans and a few years ago, under the leadership of senator kennedy, we decided to have the federal government pay for those loans because when the banks did it, it ended up being far more expensive than it had to be. and those loans originally were at 6.8% around when the banks did it and they went down and down and down. and they settled to a nice level of 3.4%. 3.4% is still interest, partic

without a pell grant i couldn't have finished college.without health insurance, but with serious medical insurance. >> what happens to julia when diagnosed with ms, loses her job, isn't wealthy enough to afford insurance? from paige, do they think we're that stupid? oh, wait, yes, they do, fictional julia is from the entitlement generation, give me a break. keep the conversation going, facebook.com/carolcnn. >>> we're following a lot of developments in the next hour. stan? >> reporter: looking at the situation in china, the firestorm between the united states and china may be abating the blind activist chen guangcheng a step closer to his dream of living in the united states. carol? >>> i'm allison kosik, job growth slowed every month this year. the unemployment rate is not a good sign for the economy i'll explain next hour. >>> i'm a.j. hammer. george clooney is inviting high rollers to his house for a dinner with president obama. might go down in the record books, i have details at the top of the hour. >>> also in one hour a zoo gives b

and what they do in terms of pell grants and the rest that may put up obstacles to more students having the opportunity to attend college. it's really a problem for our country, because investing in the education of our children is the best investment a family can make in its children and its family. it's the best investment a country can make in its people. so with that, i would just hope that we can go into a phase whereas the president is speaking out about what he would like to see congress do between now and the election, his to-do list to create jobs to help small businesses, support homeowners, invest in clean energy, put veterans to work. i hope that we can address those issues. the legislation is there to be debated, amended, whatever, but to go forward. the american people want solutions. they want us to be problem-solvers. the problems that they have in their lives. instead of obstructionists. so we hope we can have some level of cooperation as a visibility on this relatively modest agenda of the to-do list as port forth. i'll be pleased to take any questions. yes? >> -- same

i think he's a pretty good supporter of pell grants. $750 million went to college access challenge grant programs, $2 billion went for community colleges. so my friend may be right. maybe we could reduce those interest rates a little bit, but what that money is being used for is basically students. now, i will be honest about this, $10 billion went for decreasing the deficit. i don't think my friend from tennessee would be opposed to that. $9.2 billion went to other health care programs, including requiring dependent coverage in the health care bill. in other words, how many students now are covered under their parents' policies until they're age 26. they didn't have that before. now they've got it. so some of this money was used to invest in that or community health care centers. yes, we did do that. by providing some of the money from that, $9.2 billion of that for some specific types of items in that health care bill. lastly, mr. president, i just have to ask a question. are we having a health care debate here or are we having an edu

we teach people how to get hold of scholarships, to use pell grants. none of this was even remotely thought of 15 years ago when i was -- i wasn't struggling but when i was struggling to get my licenses and what jerrie and the rest of the girls had to do to get their licenses. >> that's wonderful to be able to work with a young generation and to help them have the exciting experiences you have. >> yes. and when you interview the wasps you'll find you're going back in time even more and they helped open the gates for us in women in aviation and for us getting into some of the space program. >> and i'm guessing many of them are involved in the women in aviation? >> absolutely. oh, and also the friendship inducted quite a few ladies in actually kansas in the middle of june this year. and i suspect there were with about 20 there, yes. you see there's about four or five organizations where we all see each other through the year whether you're a helicopter pilot, a fixed wing pilot, women in aviation, or a forest of friendship up at amelia earhart's. a great

the united states or republicans of force the president's and on budget cuts including cuts to pell grant programs half of our nation's recent college graduates are out of work or underemployed if young people can't find work out of college that a whole generation of entrepreneurs teachers and engineers could be lost and that's why young people all around the world and the occupy movement are leading the march on this may day for a round up of today's action from new york city i'm joined by occupant participant mark bray associate editor alter net sarah seltzer welcome to you both. yes thank you thanks for joining us mark let me start with you if that's ok how is may day in new york city today. it couldn't have gone any better i mean really even from the start of the day when we had our pop up occupation despite a little bit of rain early on we had i would say maybe a peak of a thousand people bryant park on a rainy tuesday morning we had educational events we had workshops we had pickets to local corporations we had a free university down in madison square park and then just now in union

$20 billion in payment errors by driving the improper payment rate down in medicare, medicaid, pell grants, tsunami, and other critical assistant programs. to complement our efforts, the i.g.s completed the first ever review of efforts to reduce improper payments. overall, i.g.s have made significant contributions in overseeing and improving the federal government's performance and accountability over the past 34 years, and i am confident they will continue to do so. in these challenging if fiscal times, the administration recognizes the importance of maintaining a strong, independent role for i.g.s and we look forward to continuing to work with the i.g. community to promote financial stewardship and accountability across the federal government. thank you and i look forward to answering your questions. >> thank you very much, mr. wuerffel. as i understand it, you and mr. zants are responsible to coordinate between various comptrollers or investigators in the government. is that correct? >> we have somewhat of a limbed role on the council of i.g.s. we play more of an administrative role und