Secretary Duncan Talks with Reporters About Direct Lending

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“The Obama Administration wants to end taxpayer subsidies to banks and invest billions in annual savings to send more young people and working adults to college, to strengthen community colleges, and improve early learning programs,” Secretary Arne Duncan said in a conference call with reporters on February 17.

This transcript [MS Word, 72K] includes the Secretary’s opening statement and answers to reporters’ questions. Assistant Secretary Carmel Martin and Deputy Under Secretary Bob Shireman participated in the call.