i commit the east room isn't as rowdy as car michael arena at unc. any unc folks here? in the house. here we go. coors center at cu boulder. i have to say that most of you are much more dressed up than usually when i see you in your own natural habitats. but, our message today is serious. right now the unemployment rate for americans with a college degree or more is about half the national average. they earn twice as much as those who don't have a high school diploma. so whether it's at a four-year college or a community college or a technical program, some form of higher education, something beyond high school has never been more important. it's the surest path to finding a good job, earning a good salary, making it into the middle class. and at the same time, over the last two decades the cost of college has doubled. it's actually more than doubled. and that means and i don't have to tell you you're probably tallying it up right now the costs for you to take out loans has increased and you are more likely to rack up more debt. the average student who borrows to pay fo