Thursday, April 24, 2008

President Barack Obama on CNN radio

Obama speaks about his plans for student financing ... expand Pell Grants, cut out the middle men (... such as Sallie Mae), $4,000 tuition credit per year in exchange for community or national service, and finally curb university costs

Just watch/listen between the 3:00 and 5:30 minute mark of this YouTube video.

He speaks from personal experience with student debt. He said his and his wife's combined student loan debt coming out of law school was greater than their mortgage!