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.

I worry when athletes are simply used by their universities to produce revenue, to make money for them, nothing to show at the back end. I grew up with a lot of players who had very, very tough lives after the ball started bouncing for them. And that's why I'm going to continue to fight.

It'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.

We 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.

We've seen more reform in the last year than we've seen in decades, and we haven't spent a dime yet. It's staggering how the Recovery Act is driving change.

Young people know how important it is for dads to be involved in their lives. As I travel the country and talk with students, some of them tell me that their lives would be totally different if their father was around.

This is a devastating problem, is, the longer our children are in school, the worse they do. Year after year after year, our children in America are falling further behind. Our 3- and 4-year-olds enter kindergarten OK, and they fall further and further behind. Each year, children in other countries are learning more than children in this country. And so the gap between American student performance in Singapore and Finland and South Korea and Canada and these other countries, the gap widens year after year after year.