Obama says, U.S. in an “Education Arms Race”

“The nation that educates its children the best will be the nation that leads the global economy in the 21st century,” Obama said during brief remarks in the White House Rose Garden. President Obama said today the U.S. is engaged with what he termed as an “Education Arms Race” competing with growing nations such as China and India, and cannot afford to lose if it wants the economy to recover.

“We’ve got to make sure that in good times or bad, our families can invest in their children future and in the future of our country,” Obama said. The president called on Congress to extend the credit that covers college tuition of up to $10,000 over four years.

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