US CONGRESS ALLOWS INTEREST ON NEW STUDENT LOANS TO DOUBLE - DUMBING DOWN AMERICANS (VIDEO)

"The interest rates on new subsidized federal Stafford student loans will increase from 3.4 percent to 6.8 percent, after lawmakers failed to agree to a compromise to keep the low interest rate before the Monday deadline. Congress' Joint Economic Committee estimates the increase will cost the average student $2,600."

How is this experience different than the that of European students? And how much money did the government make from student loan programs? Ana Kasparian and Cara Santa Maria break it down.