Secretary of Education Arne Duncan Answers Your Questions on College Affordability
07:15 PM EST
Since the State of the Union, President Obama has been calling on Congress to keep interest rates low so that every hardworking student gets a fair shot at the skills and training needed to get a good job in today's economy. Thousands of you have also raised your voices to prevent student loan interest rates from doubling with the hashtag #DontDoubleMyRate.
Today, as we approach the July 1 deadline for passing legislation before rates double, Secretary of Education Arne Duncan joined us for a special session of White House Office Hours to answer your questions on college affordability and the administration’s education policies and priorities.
During the chat, he addressed a wide variety of topics, including the role Income Based Repayment (IBR) plans can play in helping former students manage their debt, the importance of higher education, from four-year universities to community colleges and technical and vocational training, and the vital role of public education.