Bill Gates presented at the Washington Ideas Forum that "shrinking state budgets have indeed made college less affordable and lead to ballooning student debt." However, he claimed the biggest problem in higher education was the low retention and graduation rates. He stated, "If we want to produce an educated, 21st century workforce, we need to focus on making sure more students who are currently dropping out of school instead make it to commencement."
This link will provide you access to the Gates Foundation's PowerPoint presentation .
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