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 DuncanAbout two-thirds of bachelor's degree holders borrow to go to school, and on average they're graduating with more than $26,000 in debt.
Arne DuncanTeachers support evaluations based on multiple measures: student growth, classroom observation and feedback from peers and parents.
Arne Duncan