Obama's "Student Aid" Scheme Offers Wrong Incentives (Audio: Interview)

The president’s new “student aid bill of rights” is just a way to pressure the GOP in approving $21 billion in higher education spending, Merrill Matthews tells the World News Group’s Jim Henry. “President Obama is actively trying to get college students hooked on thousands of dollars in taxpayer-funded loans, only to forgive much of that debt later. That's how you create government dependency, not fiscally responsible citizens.”