Thanks, Mike, for the kind introduction. It's a pleasure to join all of you.
The theme of this leadership conference—"building bridges"—is fitting.
Today, I'd like to talk with you about how the Administration and the Department of Education are continuing to support education reform and success for all students in the second term.
It is a pleasure to join you today to speak about the nation’s higher education agenda.
Before I begin my formal remarks, let me say that there is a lot going on right now on Capitol Hill. Because Congress has failed to agree on a solution, interest rates on new subsidized student loans doubled on July 1, costing seven million students an average of $1,000.
A lot has changed since I spoke here four years ago. I want to use this opportunity both to reflect on the theme of your conference"Delivering On the Dream"and to ask you to think ahead about what the charter movement should seek to accomplish in the next 20 years.