August 27, 2013
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2:51Now PlayingThe system's current trajectory is unsustainable. Colleges can't just keep jacking up costs by more than 10% year after year while pushing state cutbacks onto students, families, and taxpayers. Our economy can't afford the $1 trillion in outstanding student loan debt. We cannot price the middle class -- and everyone working to get into the middle class -- out of a college education. It'll put your young generation, our workers, and our country at a competitive disadvantage for years.
- President Obama, Buffalo NY, 8/22/13
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