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Speaker 2: do to improve the K through twelve education system and
Speaker 2: then eventually make college more affordable for people here in
Speaker 2: the United States.
Speaker 1: Yeah, you know, one of the things that we should
Speaker 1: be looking at very quickly is I said when I
Speaker 1: was running for president. I said this on the South
Speaker 1: side of Chicago with a pastor in Court Brooks for
Speaker 1: teaching preaching at his church, and I focused on the
Speaker 1: fact that everybody in the country, say, people living in
Speaker 1: poverty have quality education options on the table. If you're
Speaker 1: the richest Americans, you send your kid to the premier
Speaker 1: private school you can find. If you are middle income
Speaker 1: or affluent Americans, you choose the neighborhood with the best schools,
Speaker 1: and then you move into those neighborhoods. It's only the
Speaker 1: poorest Americans who do not have quality K through twelve education.
Speaker 1: One of the fastest ways for us to improve that
Speaker 1: is to allow for some form of school choice to
Speaker 1: be a part of the education apparatus in our poorest areas.
Speaker 1: The good news is seventy two percent of African American parents,
Speaker 1: sixty eight percent of Hispanic parents, about eighty percent of
Speaker 1: Asian parents, and overall eighty two percent of blue collar
Speaker 1: parents all agreed with some form of school choice. Rather
Speaker 1: that's charter schools, private schools, some hybrid of public schools,
Speaker 1: parochial schools. Giving the parent more choices will give the
Speaker 1: kid the best chance to succeed in life. And that
Speaker 1: is the fastest way for us to improve the plight
Speaker 1: of K through twelve education. Classic example, before she passed away,
Speaker 1: Senator Feinstein, myself, Corey Booker, and Senator Ron Johnson, four
Speaker 1: of US two Republicans Democrats worked on a school choice
Speaker 1: through the d C Opportunity Scholarship program that's been around
Speaker 1: for decades. Four of us took that on as a
Speaker 1: way of extending the life of it, and we've seen
Speaker 1: tremendous success to those charter schools in d C. We
Speaker 1: have some New York City has some strong charts is
Speaker 1: called the Success Academy. What we've seen in both of
Speaker 1: those examples is at the graduation rate for those kids
Speaker 1: from high school is over ninety percent comparatively speaking, with
Speaker 1: between forty eight and fifty four percent for the non
Speaker 1: charter school students. Number one, number two college attendance is
Speaker 1: about sixty percent higher comparatively speaking, and the grades obviously
Speaker 1: reflect that as well. So it's fast way for us
Speaker 1: to get there. On the higher education spent ten years
Speaker 1: on the Education Committee, having been the kid who was
Speaker 1: struggling in high school. And I'm sure you guys all
Speaker 1: graduated cumlauting. I graduated, thank you all, lotting. So I
Speaker 1: had to be at the bottom of the fifty percent.
Speaker 1: That was where I found my unhappy self. But one
Speaker 1: of the things I learned along the way was if
Speaker 1: we're going to improve the opportunities of higher education, then
Speaker 1: we have to look at community education as a real alternative.
Speaker 1: So in South Carolina, Tennessee and many other states, you
Speaker 1: can get your first two years of college paid for free,
Speaker 1: go to a community college, and then in those states
Speaker 1: your college credits transfers to Clemson University, or if you're
Speaker 1: a smarter person like me, Carolina Game Cocks. As I'm
Speaker 1: a fan, you can go there as well. To my
Speaker 1: Clemson fans, I'm sorry you'll have too many national championships.
Speaker 1: I just had to put a plug in for the
Speaker 1: game costs, so you can go to some of those
Speaker 1: schools and have a get a really good education and
Speaker 1: pay half the price for your four years of education.
Speaker 1: Second thing you can do is look at what we've
Speaker 1: done for hbc USE. When we were in the midst
Speaker 1: of COVID, we canceled the debt led by myself and
Speaker 1: others on the team. We've canceled one point three to
Speaker 1: one point four billion dollars of HBCU debt and then
Speaker 1: took it to the highest level of funding in the
Speaker 1: history of the country and made that funding permanent. Because
Speaker 1: one of the things I recognize is if you want
Speaker 1: to focus on making a profit, and that has to
Speaker 1: be a part of the deal. Looking forward for our
Speaker 1: community specifically, you have to make sure that the kids
Speaker 1: are lifelong learners and those kids who are coming from
Speaker 1: disadvantage communities disadvantaged schools have access to the type of
Speaker 1: training to get up to speed so that you can
Speaker 1: then have four good years of quality education. And so
Speaker 1: we focused attention on some of those institutions that felt
Speaker 1: a part of their mission was helping the underserved, and
Speaker 1: so we focus on that. So those are two really
Speaker 1: good ways of reducing the costs of education in our
Speaker 1: nation long term. But let's just be honest. The person
Speaker 1: who graduates from school today has about thirty five thousand
Speaker 1: dollars of college debt. Thirty five thousand dollars of college
Speaker 1: debt translates into about two million dollars of additional lifetime income.
Speaker 1: That translates into a deal I would say yes to
Speaker 1: if I couldn't do it any other way.
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Speaker 3: crossings are at the lowest levels ever recorded, and over
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