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>> we're excited about this. this is called race to the top high school commencement challenge. what we're doing is asking high schools to submit applications to us, answering essay questions as well as to send us a video to tell us why their high school should be the recipient of the president for their high school graduation. we're going to start accepting applications. that process will close on march 15th, then the winner will be named at the end of april. we're very, very excited about this. this goes hand in glove with the focus the president and secretary of education have given to education this yore. the president realizes that this is a very, very important thing, if we're, in fact, going to grow our economy. we have to make sure that our students are ready to go on to exciting careers and that they are able to go onto college. >> the president said he wants the nation to have the highest proportion of college brauts in the -- graduates in the world, his goal by 2020.

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