If the goal is to dramatically improve college completion rates, not college-going rates by itself but college completion, it's not just a college problem. We need a big focus on early childhood education. Our early childhood education system is pretty good in this country. Not enough students have opportunity. And, very discouragingly, they lose their advantage because they go to poor schools after that. So, let's focus on our babies.
Arne DuncanThere's so much that we're doing wrong today. And studies show we're one of three countries that doesn't invest more in disadvantaged communities.
Arne DuncanIt's fascinating to me that some of the pushback is coming from sort of white suburban moms who, all of a sudden, their child isn't as brilliant as they thought they were, their schools aren't quite as good as they thought they were. And that's pretty scary.
Arne DuncanAt a time when going to college has never been more important, it's never been more expensive, and our nation's families haven't been in this kind of financial duress since the great depression. And so what we have is just sort of a miraculous opportunity simply by stopping the subsidy to banks when we already have the risk of loans. We can plow those savings into our students. And we can make college dramatically more affordable, tens of billions of dollars over the next decade.
Arne Duncan