something that only the rich and wealthy are able to do that. and we re not rich and wealthy. that s a good question. it s a very real change. again, $10,000 tuition tax credits for the middle class, $36 billion in increased pell grants over the next decade. and then income-based repayment at the back end to reduce those loan repayments and erase them after ten years of public service. these are real challenges, but i think this has been amazing leadership by the president and support in congress to make these things happen and i think we re changing the opportunity structure going forward in very, very significant ways. that was a special town hall with the education secretary, arne duncan. we taped it this weekend. the discussion is not over. if you have any questions for the secretary, send them to me via twitter or facebook or my blog and i ll send them to secretary duncan and he promised to answer them. he also agreed to join us for another town hall discussion on fixing ame
it. this law passed. this is a big, big deal for the country. i want to get a parent question. my wife and i are college educated and have three elementary school children. by the time they go to college i m not sure if we are going to be able to afford it. i was wondering and you mentioned a few things, i could relate to the video. what specifically is the administration going to do to approach rising college costs to make it affordable for everybody? it seems like something only the rich and wealthy will be able to do that. we are not rich and wealthy. it is a very real challenge. $10,000 tuition tax credits. $36 billion in increased pell grants over the next decade and income based repayment at the back end to reduce the loan repayment and erase them after ten years of community service. this is amazing leadership by the president and support in congress.
i could relate to the video. what specifically is the administration going to do to approach rising college costs, to make it affordable for everybody? seems like it s becoming something that only the rich and wealthy will be able to do that. and we re not rich and wealthy. that s a good question. it s a very real challenge. so again, $10,000 tuition tax credits for the middle class. $36 billion in increased pell grants over the next decade. and then income-based repayment at the back end to reduce those loan repayments and erase them after ten years of public service. so these are real challenges, but this has been just i think amazing leadership by the president, supporting congress to make these things happen. and i think we re changing the opportunity structure going forward in very, very significant ways. a great discussion with secretary of education arne duncan. your chance to see the entire hour happen again, tomorrow night 6:00 p.m. eastern right here on cnn. it s called
this, if we don t, they ll make films in new zealand or canada and we ll lose that business. wouldn t that be true of any business, too? you could say, yeah, if you don t give them a special tax favor they ll go elsewhere, too? yeah, well, i think, if you read through there was a summary of all the tax breaks, there was 19 single spaced pages long and i read through it new year s eve and after a while i felt like a sap. why am i not getting a piece of this action, a tax credit for walking to work and saving energy. but you know, everyone is in on it, paul. there s a 355 billion dollars child care credit. conservatives like that credit because it helps families, but there are tuition tax credits. there are adoption credits, a lot of these are pushed by the left as well because a lot of these credits flow back to community action. paul: but at least, that s true, dan, at least something like the child credit i don t support it, but at least it s broadly spread out across the popula
Detailed text transcripts for TV channel - MSNBC - 20121220:10:03:00 comparemela.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from comparemela.com Daily Mail and Mail on Sunday newspapers.