bout $63,000 for a private nonprofit four-year institution. Now if it's a state college and you live in that state, it's a lot cheaper. It could be down in the $29,000 range. And if you live at home, even cheaper, I guess.

If you went to one of the Ivy Leagues, they're all weirdly about the same price. They're all just about $90,000 a year. Now remember that's tuition plus room and board and everything else. $90,000 a year. Imagine having three smart kids and they all qualify for Ivy League schools. And let's assume that they're not white because they wouldn't be able to get in. So $90,000 times four times three, that's what it would cost you just to send your kids to the best colleges that they could get into if they were extra smart.

But the new student loan caps are you can only get up to $100,000 for a master's degree and $200,000 for professional degrees like law, medical, dental. And that would be different than at the moment before the big beautiful bill. You could borrow as much as you needed for college. But now you have a cap and that's the most you can borrow and it's less than most college would cost.

So it looks like maybe the government is making Ivy League colleges not economical because you wouldn't be able to get a loan. My guess would be that going to an Ivy League college would give you the best chance of paying off your loan because at least if you had a degree from Harvard, you know, maybe not today, but in the past, you could be pretty sure that your first job after college is going to be $250,000 a year and it might jack up to a million dollars a year in just a few years.

So probably the one that you could have the best chance of paying off, you can't get a loan for it or at least above a certain level.

All right. Junior colleges are getting a lot more attention. I think AI college will be the secret for the future.

So there's more scandal than the Biden autopen scandal. And I keep imagining that there's somebody whose last name is Penn as in pen—that's a common last name—and their first name is Otto. O-T-T-O. Do you think that anywhere in the world—because I know somebody whose first name was Otto and I know people whose last name is Penn—is it possible that there's somebody named Otto Penn? I'll bet there is. I'll bet if you did a search you would find somebody named Otto Penn.

Anyway, so I guess now we know because there's an Oversight Project about this that six criminals were pardoned by Biden's autopen while Biden was vacationing. And I guess the *New York Times* finally dug into this and even they're saying that there's no way that Biden was aware of all the names on the pardon list.

So the autopen was pardoning people. But does that mean it's a scandal? Well, the Biden explanation is that he did not look at every name and approve them individually. But what he did do—I was just looking at a comment there—but what Biden did do is he made some guidelines that said if these people you want to pardon meet these