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President Obama on Higher Education and the Economy

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Earlier this week, President Obama addressed students at the University of Texas at Austin.  The topic was education and the economy:

“It’s an economic issue when the unemployment rate for folks who’ve never gone to college is almost double what it is for those who have gone to college. Education is an economic issue when nearly eight in 10 new jobs will require workforce training or a higher education by the end of this decade. Education is an economic issue when we know beyond a shadow of a doubt that countries that out-educate us today, they will out-compete us tomorrow.

The single most important thing we can do is to make sure we’ve got a world-class education system for everybody. That is a prerequisite for prosperity. It is an obligation that we have for the next generation.”

Read more here.

View the video.

Almost makes you want to apply for a Fulbright award to go study in the U.S., doesn’t it?


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