Arne sat down last week to answer a couple of questions and comments he received on his Facebook page. Ginger and Adriana wrote about thanking great teachers, and Arne encouraged others to take time and thank their teachers. “Whether you graduated last year, whether you are still in school, or whether you are 50 years out of high school,” he said, “it is never too late to go back and say thank you.”
Jamie left a comment for Arne that described the stress associated with having significant college debt. Duncan noted that on the front end the Obama administration has taken big steps in increasing Pell Grants, including doubling funding for Pell Grants within the last couple of years. For those in repayment, the Administration recently announced a pay-as-you-earn program, which could reduce loan payments by hundreds per month for those who qualify. Duncan explained that college can’t be for the wealthy only, and that while the Obama administration has made tremendous progress, “there is a lot of hard work ahead of us.”
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