host: a few stats about college student loan debts 2/3's of seniors grad waited with student debt and the average debt is $25,000. full-time undergrad students borrowed an average of $4 $4,363 and total loans are expected to exceed $1 trillion this year again this year. let's go do john a recent college grad in california. good morning. are you there? caller: yes. hi. host: you have a question about student loans or the cost of colleges? caller: i have a question and a brief comment. host: go ahead. caller: so my question is, i'm wonderinging if ms. cooper thinks that student loan debt is the next big sort of bubble and the costs of our occupations abroad is going to be $4 trillion. i have never understood on why we spend all this money on a totally bloated military budget while we can't help college students, college graduates, graduate students, whatever the case may be, with their debt. host: the question is about the bubble that we talked about earlier. guest: yes. do i think that student loans is the be next big bubble? i would say no. now, do i think that it is one of several bubbles? possibly. but i don't think it is the next