There's So Much That We're

State Governments Generate Less Revenue In A Recession. As State Leaders Struggle To Make Up For Lost Revenue, Legislatures Tend To Cut Funding For Higher Education. Colleges, In Turn, Answer These Funding Cuts With Tuition Hikes.

Money Is Not The Reason That People Enter Teaching.

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.

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.

We Have Had This Massive Effort On K-12 Reform, Raising Standards, Great Teachers, Great Principals, Turning Around Chronically Failing Schools, Raising The Bar, Huge Amount Of Progress. Let's Continue That.