President Obama spoke at the University of North Carolina this week on college affordability. The President is helping make college affordable for the Latino community through student loan reform, which has doubled the amount spent on Pell Grants, provided assistance to 39% of all Latino undergraduates, and ensured that an additional 150,000 Latino students can afford to continue their education.
The President spoke on his own experience regarding student loans:
"For the first eight years of our marriage, [Michelle and I] were paying more in student loans than what we were paying for our mortgage. So we know what this is about. And we were lucky to land good jobs with a steady income. But we only finished paying off our student loans—check this out, all right, I'm the President of the United States—we only finished paying off our student loans about eight years ago."
A college education –whether from a two-year or four-year school – shouldn't be something that only some families can afford. A good education should be within reach for all students willing to work for it and we need a President who is helping make college affordable and accessible to the Latino community. You can read his full remarks here; make sure to share this with your friends.