At 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 DuncanWe all have a role to play - the President, Congress, parents, students and schools - in making college affordable and keeping the middle class dream alive.
Arne DuncanWhen I ask teachers why they teach, they almost always say that it is because they want to make a difference in the lives of children.
Arne DuncanWe need to lengthen the school day. We need to lengthen the school year. Our calendar is based upon the agrarian economy. Children in India and China are going to school 25, 30, 35 more days a year. They're just working harder than us. So, we need more time, particularly for disadvantaged children, who aren't getting those supports at home.
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