Arne Duncan in focus
Education Secretary Arne Duncan makes his case for the federal direct student loan program in writing today, arguing the government should end $9 billion in subsidies to banks to guarantee student loans.
"The Education Department has issued more than $187 billion in student loans since the Direct Loan Program was created in 1993," Duncan writes in Friday's Washington Post. "The number of universities participating in the program has more than doubled, to 2,300, in just the past three years. There is no justification to continue wasteful subsidies to banks. It is time to complete the shift to direct lending."
Duncan also faced unusually sharp questioning from House Democrats Thursday over the Obama administration's proposals to eliminate a grant for the Teach for America program and hold the line on new funding for many other education programs.
But in the video interview above, the former pro-basketball player gets to talk a little sports with The Post's Sarah Lovenheim, who also asked about his broader goals of making the nation's teachers and students more confident, competitive and career-driven.
Leave your thoughts in the comments section below
(Video by Jason Aldag/The Washington Post)
| February 26, 2010; 11:00 AM ET
Categories: Administration, Video Report
Save & Share: Previous: Hundreds of stimulus recipients haven't reported on money's whereabouts
Next: Friday Feedback: the IRS crash; 'don't ask' debated; DHS contractors
Posted by: fireball72 | February 28, 2010 11:31 AM | Report abuse
The comments to this entry are closed.