Fmr. Dem Sen. Heitkamp: Taxpayers Are Funding Massive Tuition Hikes with Current Student Loan System

On Monday's broadcast of CNBC's "Squawk Box," CNBC Contributor and former Sen. Heidi Heitkamp (D-ND) stated that the government has used student loans to make taxpayers finance exorbitant increases in college tuition and Congress has to work on that issue.