First there was the housing bubble, but now a new crisis has emerged in America. The student debt bubble has now accumulated over trillion in student loan debt and, starting July 1, Federal Pell Grants are set to be cut for thousands of student across the US. Sarah Jaffe, associate editor for AlterNet.org, joins us with her take on student debt. Like us and/or follow us: twitter.com www.facebook.com
A Republican Congressman describes Pell Grants as welfare for college students. Ana Kasparian and Cenk Uygur discuss.
