President Obama Speaks Of The Importance Of Education In Austin

By Scott Sarvay

August 9, 2010 Updated Aug 9, 2010 at 5:32 PM EDT

AUSTIN, Texas (Indiana's NewsCenter) - While on a fundraising swing through Texas on Monday, President Obama spoke at the University of Texas on the importance of college.

Addressing a crowd composed primarily of students, the President said a college degree was becoming more and more crucial to personal success.

Because of this increase in importance, President Obama described education as an "economic issue."

"If we're serious about making sure America's workers, and America itself, succeeds in the 21st century, the single most important step we can take is to make sure that every one of our young people, here in Austin, here in Texas, here in the United States, has the best education that the world has to offer,” says President Obama.

He also emphasized the need for colleges and universities to do more to improve affordability and graduation rates.

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