Secretary of Education Arne Duncan Answers Your Questions on College Affordability
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.