Bill Clinton: “Well, first, let's talk about how you pay your bills when you're in school. My goal was when I became President to make…”

“Well, first, let's talk about how you pay your bills when you're in school. My goal was when I became President to make sure that money was never a reason young people did not go to college. We know that the unemployment rate in America for high school dropouts is 11.5 percent. The unemployment rate for college graduates is 3.5 percent; with all the job problems, it's much lower. So we are redoing the student loans so that the interest rates are lower and the repayment terms are better and you can get the money you need while you go to college. There also, year after next, will be 100,000 positions in America in community service so people can earn credit against their college--you can get the money to go to college while working in their communities. Now, when you get out, if you can get a job, and I'll come back to that in a minute, under our plan, you can pay these college loans off as a percentage of your income no matter how much money you borrow. So the last thing I have to do is try to create more jobs. And I'll go back to what I said opening the program. In the last 14 months, our economy has produced 2.3 million new jobs. In the previous 4 years, the economy produced only a million new jobs in the private sector. So we're trying to make 8 million in this 4-year period, as opposed to about a million in the last 4-year period. If we make it, there will be more jobs for young people. That's what we have to do. And so far we're on track. We're on track to make that 8 million. And we've got to keep doing it. That's all I can tell you. There's nothing else I can do except to keep trying to create more jobs and help the private sector to create more jobs. Teen Pregnancy [A participant asked about increasing the amount of sex education given in schools to deal with the increase in teen pregnancy.]”