The White House

Office of the Vice President

FACTSHEET: Making Student Loans More Affordable

President Obama declared 2014 a year of action – vowing to use the power of his pen and phone to help ensure that hardworking Americans have the opportunity to succeed. And this week will be no different. With a focus on supporting hardworking Americans and upholding our country’s commitment to provide a quality education for all of our students, the President is again taking action. Today, he will deliver remarks at the White House, announcing new executive actions to further lift the burden of crushing student loan debt, including a Presidential Memorandum that will allow an additional 5 million borrowers with federal student loans to cap their monthly payments at just 10 percent of their income. A fact sheet detailing these new steps is below.

Tomorrow the President will do a live Q and A with Tumblr, answering questions directly from consumers across the country about this crucial issue. At both of those events, and throughout this week ahead of their upcoming vote, the President will use every opportunity to urge Congress to do their part by passing Senate Democrats’ bill to help more young people save money by refinancing their federal student loans.

From reforming the student loan system and increasing Pell Grants to offering millions of students the opportunity to cap their monthly student loan payments at 10 percent of their income, making a degree more affordable and accessible has been a longtime priority for the President. But he knows there is much more work to do and that’s what this week is all about.

FACTSHEET: Making Student Loans More Affordable

A postsecondary education is the single most important investment that Americans can make in their futures. Higher education results in higher earnings and a lower risk of unemployment, but for too many low- and middle-income families this essential rung on the ladder to opportunity and advancement is slipping out of reach.  Over the past three decades, the average tuition at a public four-year college has more than tripled, while a typical family's income has barely budged.  More students than ever are relying on loans to pay for college.  Today, 71 percent of those earning a bachelor’s degree graduate with debt, which averages $29,400.  While most students are able to repay their loans, many feel burdened by debt, especially as they seek to start a family, buy a home, launch a business, or save for retirement.

The President and his Administration have a long track record of taking steps to make college more affordable and accessible for families. And as part of his year of action to expand opportunity for all Americans, the President is committed to building on these efforts by using his pen and his phone to make student debt more affordable and more manageable to repay.  

Today the President will use the power of his pen to help millions of borrowers afford their student loan payments. He will sign a new Presidential Memorandum directing the Secretary of Education to propose regulations that would allow nearly 5 million additional federal direct student loan borrowers the opportunity to cap their student loan payments at 10 percent of their income.  The Presidential Memorandum also outlines a series of new executive actions aimed to support federal student loan borrowers, especially for vulnerable borrowers who may be at greater risk of defaulting on their loans.

Today the President will also reiterate his call for the Senate to pass legislation that could help an estimated 25 million Americans refinance outstanding student loans at lower interest rates, the same as those available to federal student loan borrowers taking out loans this year.  This move could save a typical student $2,000 over the life of his or her loans. 

The Challenge of Student Debt:  The challenges of managing student loan debt can lead some borrowers to fall behind on their loan payments and in some cases even default on their debt obligation, with such consequences as a damaged credit rating, losing their tax refund, or garnished wages. Because credit ratings are increasingly scrutinized in making employment offers, financing a home, or even opening a bank account, a damaged credit rating can further reduce borrowers’ ability to repay their loans.   Today’s actions build on the Administration’s significant progress in creating flexible repayment options for borrowers and raising awareness about the steps borrowers can take to responsibly manage their debt. 

Capping Student Loan Payments at 10 Percent of Income: Today, the President will direct the Secretary of Education to ensure that student loans remain affordable for all who borrowed federal direct loans as students by allowing them cap their payments at 10 percent of their monthly incomes.  The Department will begin the process to amend its regulations this fall with a goal of making the new plan available to borrowers by December 2015.

With legislation passed by Congress and signed by the President in 2010 and regulations adopted by the Administration in 2012, most students taking out loans today can already cap their loan payments at 10 percent of their incomes.  Monthly payments will be set on a sliding scale based upon income.  Any remaining balance is forgiven after 20 years of payments, or 10 years for those in public service jobs. However, this Pay As You Earn (PAYE) option is not available to students with older loans (those who borrowed before October 2007 or who have not borrowed since October 2011), although they can access similar, less generous options.  No existing repayment options will be affected, and the new repayment proposal will also aim to include new features to target the plan to struggling borrowers.

This executive action is expected to help up to 5 million borrowers who may be struggling with student loans today.  For students that need to borrow to finance college, PAYE provides an important assurance that student loan debt will remain manageable.  Because the PAYE plan is based in part on a borrower’s income after leaving school, it shares with students the risk of taking on debt to invest in higher education.

Many student loan borrowers are working and trying to responsibly make their monthly payments, but are nonetheless struggling with burdensome debt.  For example, a 2009 graduate earning about $39,000 a year as a fourth year teacher, with student loan debt of $26,500, would have his or her initial monthly payments reduced by $126 under the President’s Pay As You Earn plan compared with monthly payments under the standard repayment plan and would see a reduction in annual loan payments of over $1,500.

Doing All We Can to Help Students Repay their Loans: The President today will also direct the Secretaries of Education and the Treasury to work together to do all they can to help borrowers manage their student loan debts. Specifically, the Departments will:

  1. Strengthen Incentives for Loan Contractors to Serve Students Well: The Department of Education administers the federal student loan program through performance-based contracts with private companies awarded through a competitive process.  Rather than specifying every step of the servicing process, as was done in the guaranteed loan program that ended in 2010, these contracts provide companies with incentives to find new and innovative ways to best serve students and taxpayers and to ensure that borrowers are repaying their loans.  Today, the Department announced that it will renegotiate its contracts with federal loan servicers to strengthen financial incentives to help borrowers repay their loans on time, lower payments for servicers when loans enter delinquency or default, and increase the value of borrowers’ customer satisfaction when allocating new loan volume.  These changes will improve the way that servicers are compensated to better ensure high-quality servicing for student loan borrowers.   
  2.  Ensure Active-Duty Military Get the Relief They Are Entitled to: The Servicemember Civil Relief Act requires all lenders to cap interest rates on student loans – including federal student loans -- at 6 percent for eligible servicemembers.  The Department of Education already directs its loan servicers to match their student borrower portfolios against the Department of Defense’s database to identify eligible active-duty servicemembers.  Now, the Department of Education will reduce those interest rates automatically for those eligible without the need for additional paperwork. It will also provide additional guidance to Federal Family Education Loan program servicers to provide for a similar streamlined process.  
  3. Work with the Private Sector to Promote Awareness of Repayment Options: The Secretary of the Treasury and the Secretary of Education will work with Intuit, Inc. and H&R Block, two of the U.S.’s largest tax preparation firms, to communicate information about federal student loan repayment options with millions of borrowers during the tax filing process — a time when people are thinking about their finances. The Administration is continuing its partnership with Intuit. through its TurboTax product, which serves around 28 million tax filers.  The Administration will also form a new partnership with H&R Block, serving approximately 15 million tax filers through its 11,000 retail locations, and an additional 7 million tax filers through its digital tax products. Partnerships like these will give us the opportunity to provide information about federal student loan repayment, building upon our work during the most recent tax season by exploring different messages and the timing of information to best help borrowers in evaluating their federal loan repayment options.
  4. In addition, the Administration will work with Intuit to explore ways to communicate with federal student loan borrowers through Intuit’s free personal financial management product, Mint.com. Mint is used by 15 million people for financial management and advice, and partnering with Mint provides the opportunity to communicate with their 15 million users about income-driven repayment options. Mint includes the capability to provide personalized information about federal loan repayment options, based upon the information that a user has already provided to Mint.
  5. Use Innovative Communication Strategies to Help Vulnerable Borrowers: Too many borrowers are still unaware of the flexible repayment options currently available to them, especially when they run into difficulties in managing their payments.  The Department of Education is redoubling its efforts to identify borrowers who may be struggling to repay and provide them with timely information about their options supporting them through the repayment process and helping them avoid or get out of default.  Last year, the Department’s efforts led to more than 124,000 borrowers enrolling in an income-driven repayment plan like Income-Based Repayment or the Pay As You Earn plan Moving forward, the Department of Education will test new ways to reach 2.5 million borrowers with the greatest risk of encountering payment difficulty, such as borrowers who have left college without completing their education, missed their first loan payment, and those who have defaulted on low balances loans to get them back on track with their loan payments.  The Department will also evaluate these strategies to identify which can be used on a larger scale and which are the most effective.
  6. Promote Stronger Collaborations to Improve Information for Students and Families: All student borrowers are required to receive loan counseling when they first borrow federal student loans and when they leave school, but little is known about the effectiveness of these programs.  Working with student debt researchers and student advocates, the Department of Education and the Department of Treasury will also develop and launch a pilot project to test the effectiveness of loan counseling resources, including the Department of Education’s Financial Awareness Counseling Tool.  The lessons learned will be considered for future actions by the Department and shared with outside partners like the National Association of Student Financial Aid Administrators to improve loan counseling activities at colleges and universities throughout the country.  Another way to reach student borrowers is by working with professional associations to provide customized information about repayment options.  Today, the Administration is announcing its commitment to work with the American Federation of Teachers, National Education Association, American Association of Colleges of Nursing, American Association of Nurse Practitioners, American Nurses Association, American Association of Physician Assistants, Business Forward, City Year, National Association of Social Workers, Physician Assistants Education Association, SEIU and the YMCA of the USA to provide comprehensive information about repayment options and federal student aid resources that are available to them. Moving forward, the Administration will continue to engage organizations, institutions of higher education, and others to ensure that all borrowers have access to the resources and information they need to responsibly manage the repayment of their student loans.

Additional Actions to Reduce Indebtedness and Promote College Affordability: Helping Students and Families Access Education Tax Benefits. In addition to helping borrowers manage their student loan debt, the Department of Education and the Department of Treasury will also work together to educate students, families, financial aid administrators, and tax preparers to ensure that all students and families understand what education tax benefits they are eligible for and receive the benefits for which they qualify.  In 2009, the President created the American Opportunity Tax Credit (AOTC), which provides up to $2,500 to help pay for each year of college. But the process of claiming education tax credits like the AOTC can be complex for many students, including for the 9 million students who receive Pell Grants, and hundreds of millions of dollars of education credits go unclaimed each year.  To help address this complexity, the Department of Treasury will release a fact sheet clarifying how Pell Grant recipients may claim the AOTC. 

Honoring Dr. Maya Angelou

Dr. Maya Angelou, whose timeless works such as I Know Why the Caged Bird Sings encouraged and stirred the souls of millions of readers, passed away last week at the age of 86.

Dr. Angelou's family arranged a private memorial service in Wake Forest University’s Wait Chapel on Saturday, June 7, at 10 a.m. Eastern Time.

The First Lady, who has called Dr. Angelou one of her "she-roes" as well as a friend, spoke at the service.

You can watch Wake Forest University's video of the service below or read the First Lady's remarks here.

Related Topics: Faith Based, Working Families

The White House

Office of the Press Secretary

Weekly Address: Supporting America’s Students

WASHINGTON, DC -- In this week’s address, President Obama underscored the importance of helping to lift the burden of crushing student loan debt faced by too many Americans and highlighted the efforts he’s taken to ensure we uphold America’s commitment to provide a quality education for all who are willing to work for it. While the President will continue to take action on his own, he urged Congress to do its part and commended Senate Democrats for working on a bill that would help more young people save money.

Remarks of President Barack Obama
Weekly Address
The White House
June 7, 2014

Hi, everybody.  This is commencement season, a time for graduates and their families to celebrate one of the greatest achievements of a young person’s life. But for many graduates, it also means feeling trapped by a whole lot of student loan debt.  And we’ve got to do more to lift that burden.

See, in a 21st century economy, the surest pathway into the middle class is some form of higher education.  The unemployment rate for workers with a bachelor’s degree is just 3.3 percent – about half what it is for high school graduates.  The typical graduate of a four-year college earns $15,000 more per year than someone with just a high school degree.   

But at a time when college has never been more important, it’s also never been more expensive. 

That’s why, since I took office, I’ve worked to make college more affordable.  We reformed a student loan system that gave away billions of taxpayer dollars to big banks and invested that money where it makes a bigger bang – in helping more young people afford a higher education. 

But over the past three decades, the average tuition at a public four-year college has more than tripled.  The average undergraduate student who borrows for college now graduates owing almost $30,000. And I’ve heard from too many young people who are frustrated that they’ve done everything they were supposed to do – and now they’re paying the price.

I’ve taken action on my own to offer millions of students the opportunity to cap their monthly student loan payments to 10% of their income.  But Congress needs to do its part. The good news is that Senate Democrats are working on a bill that would help more young people save money.  Just like you can refinance your mortgage at a lower interest rate, this bill would let you refinance your student loans.  And we’d pay for it by closing loopholes that allow some millionaires to pay a lower tax rate than the middle class. 

That’s the choice that your representatives in Congress will make in the coming weeks – protect young people from crushing debt, or protect tax breaks for millionaires.  And while Congress decides what it’s going to do, I will keep doing whatever I can without Congress to help responsible young people pay off their loans – including new action I will take this week.

This country has always made a commitment to put a good education within the reach of all who are willing to work for it.  That’s what made us an economic superpower.  That’s what makes us special.  And as long as I hold this office, I’ll keep fighting to give more young people the chance to earn their own piece of the American Dream.  Thanks, and have a great weekend. 

 

Weekly Address: Supporting America's Students

In this week's address, President Obama underscored the importance of helping to lift the burden of crushing student loan debt faced by too many Americans and highlighted the efforts he’s taken to ensure we uphold America's commitment to provide a quality education for all who are willing to work for it. While the President will continue to take action on his own, he urged Congress to do its part and commended Senate Democrats for working on a bill that would help more young people save money.

Transcript | mp4 | mp3

This Tuesday, June 10, the President is hosting his first-ever Tumblr Q&A -- and he's taking your questions about education, college affordability, and reducing student loan debt. Ask your question here, and be sure to watch at WhiteHouse.gov/Live at 4 p.m. Eastern.

President Barack Obama tapes the Weekly Address at the Children's National Medical Center in Washington, D.C., May 30, 2014.

President Barack Obama tapes the Weekly Address at the Children's National Medical Center in Washington, D.C., May 30, 2014. (Official White House Photo by Amanda Lucidon)

Weekly Address: Supporting America's Students

June 07, 2014 | 2:55 | Public Domain

In this week's address, President Obama underscored the importance of helping to lift the burden of crushing student loan debt faced by too many Americans and highlighted the efforts he’s taken to ensure we uphold America’s commitment to provide a quality education for all who are willing to work for it.

Download mp4 (108MB) | mp3 (3MB)

Read the Transcript

Weekly Address: Supporting America’s Students

WASHINGTON, DC -- In this week’s address, President Obama underscored the importance of helping to lift the burden of crushing student loan debt faced by too many Americans and highlighted the efforts he’s taken to ensure we uphold America’s commitment to provide a quality education for all who are willing to work for it. While the President will continue to take action on his own, he urged Congress to do its part and commended Senate Democrats for working on a bill that would help more young people save money.

Remarks of President Barack Obama
Weekly Address
The White House
June 7, 2014

Hi, everybody.  This is commencement season, a time for graduates and their families to celebrate one of the greatest achievements of a young person’s life. But for many graduates, it also means feeling trapped by a whole lot of student loan debt.  And we’ve got to do more to lift that burden.

See, in a 21st century economy, the surest pathway into the middle class is some form of higher education.  The unemployment rate for workers with a bachelor’s degree is just 3.3 percent – about half what it is for high school graduates.  The typical graduate of a four-year college earns $15,000 more per year than someone with just a high school degree.   

But at a time when college has never been more important, it’s also never been more expensive. 

That’s why, since I took office, I’ve worked to make college more affordable.  We reformed a student loan system that gave away billions of taxpayer dollars to big banks and invested that money where it makes a bigger bang – in helping more young people afford a higher education. 

But over the past three decades, the average tuition at a public four-year college has more than tripled.  The average undergraduate student who borrows for college now graduates owing almost $30,000. And I’ve heard from too many young people who are frustrated that they’ve done everything they were supposed to do – and now they’re paying the price.

I’ve taken action on my own to offer millions of students the opportunity to cap their monthly student loan payments to 10% of their income.  But Congress needs to do its part. The good news is that Senate Democrats are working on a bill that would help more young people save money.  Just like you can refinance your mortgage at a lower interest rate, this bill would let you refinance your student loans.  And we’d pay for it by closing loopholes that allow some millionaires to pay a lower tax rate than the middle class. 

That’s the choice that your representatives in Congress will make in the coming weeks – protect young people from crushing debt, or protect tax breaks for millionaires.  And while Congress decides what it’s going to do, I will keep doing whatever I can without Congress to help responsible young people pay off their loans – including new action I will take this week.

This country has always made a commitment to put a good education within the reach of all who are willing to work for it.  That’s what made us an economic superpower.  That’s what makes us special.  And as long as I hold this office, I’ll keep fighting to give more young people the chance to earn their own piece of the American Dream.  Thanks, and have a great weekend. 

 

Close Transcript

Weekly Wrap-Up: POTUS in Europe, OK Go, Power Plants, and More

There was a lot of action this week, both in Washington and overseas. President Obama traveled to Europe, we announced the first-ever White House Maker Faire, the EPA proposed a rule to curb climate change and make our children healthier, and more.

Check out what else you may have missed in this week's wrap up:


President Obama Heads to Europe

President Obama traveled to Europe this week, visiting Poland, Belgium, and France. It was a busy four days overseas, and we have all of the highlights here.

Finishing off the week, the President traveled to Normandy to commemorate the 70th anniversary of D-Day -- and narrated a behind-the-scenes video in honor of the event.

Related Topics: Grab Bag

The President Commemorates the 70th Anniversary of D-Day

Ed. note: This is cross-posted on the White House Blog. See the original post here.

Watch on YouTube

Earlier today — the last day of his current trip across Europe — President Obama traveled to Normandy, France to commemorate the 70th anniversary of D-Day.

After meeting with World War II and post-9/11 U.S. veterans, the President attended the 70th French-American Commemoration D-Day Ceremony at the Normandy American Cemetery and Memorial at Omaha Beach. In his remarks, he paid tribute to the American and Allied forces who fought during the D-Day landings in June of 1944.

"I’m honored to return here today to pay tribute to the men and women of a generation who defied every danger -- among them, our veterans of D-Day," President Obama said. He went on to thank the people of France for their generosity to Americans who have come "over the generations — to these beaches, and to this sacred place of rest for 9,387 Americans."

Day 4: The President Commemorates the 70th Anniversary of D-Day

Watch on YouTube

Earlier today — the last day of his current trip across Europe — President Obama traveled to Normandy, France to commemorate the 70th anniversary of D-Day.

After meeting with World War II and post-9/11 U.S. veterans, the President attended the 70th French-American Commemoration D-Day Ceremony at the Normandy American Cemetery and Memorial at Omaha Beach. In his remarks, he paid tribute to the American and Allied forces who fought during the D-Day landings in June of 1944.

"I’m honored to return here today to pay tribute to the men and women of a generation who defied every danger -- among them, our veterans of D-Day," President Obama said. He went on to thank the people of France for their generosity to Americans who have come "over the generations — to these beaches, and to this sacred place of rest for 9,387 Americans."

President Obama Commemorates the 70th Anniversary of D-Day

June 06, 2014 | 24:50 | Public Domain

At the Normandy American Cemetery and Memorial in Normandy, France, President Obama pays tribute to the U.S. and Allied forces who fought in the D-Day landings in 1944.

Download mp4 (916MB) | mp3 (24MB)

Read the Transcript

Remarks by President Obama at the 70th Anniversary of D-Day -- Omaha Beach, Normandy

Normandy American Cemetery and Memorial
Omaha Beach
Normandy, France

11:16 A.M. CET

PRESIDENT OBAMA:  President Hollande; to the people of France; friends; the family; our veterans: 

If prayer were made of sound, the skies over England that night would have deafened the world.

Captains paced their decks.  Pilots tapped their gauges.  Commanders pored over maps, fully aware that for all the months of meticulous planning, everything could go wrong -- the winds, the tides, the element of surprise -- and above all, the audacious bet that what waited on the other side of the Channel would compel men not to shrink away, but to charge ahead.

Fresh-faced GIs rubbed trinkets, kissed pictures of sweethearts, checked and re-checked their equipment. “God,” asked one, “give me guts.”  And in the pre-dawn hours, planes rumbled down runways; gliders and paratroopers slipped through the sky; giant screws began to turn on an armada that looked like more ships than sea.  And more than 150,000 souls set off towards this tiny sliver of sand upon which hung more than the fate of a war, but rather the course of human history.

President Hollande, distinguished guests, I’m honored to return here today to pay tribute to the men and women of a generation who defied every danger -- among them, our veterans of D-Day.  And, gentlemen, we are truly humbled by your presence here today.  (Applause.)   

Just last week, I received a letter from a French citizen.  “Dear Mr. President, and the American people,” he wrote, “[we are] honored to welcome you… to thank you again for all the pain and efforts of [the] American people and others in our common struggle for freedom.” 

Today, we say the same to the people of France.  Thank you, especially, for the generosity that you’ve shown the Americans who’ve come here over the generations -- to these beaches, and to this sacred place of rest for 9,387 Americans.  At the end of the war, when our ships set off for America, filled with our fallen, tens of thousands of liberated Europeans turned out to say farewell, and they pledged to take care of the more than 60,000 Americans who would remain in cemeteries on this continent.  In the words of one man, we will take care of the fallen “as if their tombs were our children’s.”  And the people of France, you have kept your word like the true friends you are.  We are forever grateful.  (Applause.) 

Here, we don’t just commemorate victory, as proud of that victory as we are.  We don’t just honor sacrifice, as grateful as the world is.  We come to remember why America and our allies gave so much for the survival of liberty at its moment of maximum peril.  We come to tell the story of the men and women who did it so that it remains seared into the memory of a future world.

We tell this story for the old soldiers who pull themselves a little straighter today to salute brothers who never made it home.  We tell the story for the daughter who clutches a faded photo of her father, forever young; for the child who runs his fingers over colorful ribbons he knows signify something of great consequence, even if he doesn’t yet fully understand why.  We tell this story to bear what witness we can to what happened when the boys from America reached Omaha Beach.

By daybreak, blood soaked the water, bombs broke the sky.  Thousands of paratroopers had dropped into the wrong landing sites; thousands of rounds bit into flesh and sand.  Entire companies’ worth of men fell in minutes.  “Hell’s Beach” had earned its name. 

By 8:30 a.m., General Omar Bradley expected our troops to be a mile inland.  “Six hours after the landings,” he wrote, “we held only ten yards of beach.”  In this age of instant commentary, the invasion would have swiftly and roundly been declared, as it was by one officer, “a debacle.” 

But such a race to judgment would not have taken into account the courage of free men.  “Success may not come with rushing speed,” President Roosevelt would say that night, “but we shall return again and again.”  And paratroopers fought through the countryside to find one another.  Rangers pulled themselves over those cliffs to silence Nazi guns.  To the west, Americans took Utah Beach with relative ease.  To the east, the British tore through the coast, fueled by the fury of five years of bombs over London and a solemn vow to “fight them on the beaches.”  The Canadians, whose shores had not been touched by war, drove far into France.  And here, at Omaha, troops who finally made it to the seawall used it as shelter -- where a general barked, “If you’re Rangers… lead the way!”

By the end of that longest day, this beach had been fought, lost, refought, and won -- a piece of Europe once again liberated and free.  Hitler’s Wall was breached, letting loose Patton’s Army to pour into France.  Within a week, the world’s bloodiest beach had become the world’s busiest port.  Within a month, one million Allied troops thundered through Normandy into Europe, and as our armies marched across the continent, one pilot said it looked “as if the very crust of the Earth had shaken loose.”  The Arc de Triomphe lit up for the first time in years, and Paris was punctuated by shouts of “Vive la France!” and “Vive les États-Unis!”  (Applause.)  

Of course, even as we gather here at Normandy, we remember that freedom’s victory was also made possible by so many others who wore America’s uniform.  Two years before he commanded armies, Eisenhower’s troops sliced through North Africa.  Three times before D-Day, our GIs stormed the beaches at Sicily, Salerno, Anzio.  Divisions like the Fighting 36th brawled their way through Italy, fighting through the mud for months, marching through towns past waving children before opening the gates to Rome.  As the “dogfaces” marched to victory in Europe, the Devil Dogs -- the Marines -- clawed their way from island to island in the Pacific, in some of the war’s fiercest fighting.  And back home, an army of women -- including my grandmother -- rolled up their sleeves to help build a mighty arsenal of democracy.

But it was here, on these shores, that the tide was turned in that common struggle for freedom.  What more powerful manifestation of America’s commitment to human freedom than the sight of wave after wave after wave of young men boarding those boats to liberate people they had never met? 

We say it now as if it couldn’t be any other way.  But in the annals of history, the world had never seen anything like it.  And when the war was won, we claimed no spoils of victory -- we helped Europe rebuild.  We claimed no land other than the earth where we buried those who gave their lives under our flag and where we station those who still serve under it.  But America’s claim -- our commitment -- to liberty, our claim to equality, our claim to freedom and to the inherent dignity of every human being -- that claim is written in the blood on these beaches, and it will endure for eternity.

Omaha -- Normandy -- this was democracy’s beachhead.  And our victory in that war decided not just a century, but shaped the security and well-being of all posterity.  We worked to turn old adversaries into new allies.  We built new prosperity.  We stood once more with the people of this continent through a long twilight struggle until finally a wall tumbled down, and an Iron Curtain, too.  And from Western Europe to East, from South America to Southeast Asia -- 70 years of democratic movement spread.  And nations that once knew only the blinders of fear began to taste the blessings of freedom. 

None of that would have happened without the men who were willing to lay down their lives for people they’d never met and ideals they couldn’t live without.

None of it would have happened without the troops President Roosevelt called “the life-blood of America… the hope of the world.” 

They left home barely more than boys and returned home heroes.  But to their great credit, that is not how this generation carried itself.  After the war, some put away their medals, were quiet about their service, moved on.  Some, carrying shrapnel and scars, found that moving on was much harder.  Many, like my grandfather, who served in Patton’s Army, lived a quiet life, trading one uniform and set of responsibilities for another -- as a teacher, or a salesman, or a doctor, or an engineer, a dad, a grandpa. 

Our country made sure millions of them earned a college education, opening up opportunity on an unprecedented scale.  And they married those sweethearts and bought new homes and raised families and built businesses, lifting up the greatest middle class the world has ever known.  And through it all, they were inspired, I suspect, by memories of their fallen brothers -- memories that drove them to live their lives each day as best they possibly could.

Whenever the world makes you cynical, stop and think of these men.  Whenever you lose hope, stop and think of these men.

Think of Wilson Colwell, who was told he couldn’t pilot a plane without a high school degree, so he decided to jump out of a plane instead.  And he did, here on D-Day, with the 101st Airborne when he was just 16 years old.

Think of Harry Kulkowitz, the Jewish son of Russian immigrants, who fudged his age at enlistment so he could join his friends in the fight.  And don’t worry, Harry, the statute of limitations has expired.  (Laughter.)  Harry came ashore at Utah Beach on D-Day.  And now that he’s come back, we said he could have anything he wants for lunch today -- he helped liberate this coast, after all.  But he said a hamburger would do fine.  (Laughter.)  What’s more American than that?

Think of “Rock” Merritt, who saw a recruitment poster asking him if he was man enough to be a paratrooper -- so he signed up on the spot.  And that decision landed him here on D-Day with the 508th regiment, a unit that would suffer heavy casualties.  And 70 years later, it’s said that all across Fort Bragg, they know Rock -- not just for his exploits on D-Day, or his 35 years in the Army, but because 91-year-old Rock Merritt still spends his time speaking to the young men and women of today’s Army and still bleeds “O.D. Green” for his 82nd Airborne.

Whenever the world makes you cynical, whenever you doubt that courage and goodness is possible -- stop and think of these men.

Wilson and Harry and Rock, they are here today, and although I know we already gave them a rousing round of applause, along with all our veterans of D-Day -- if you can stand, please stand; if not, please raise your hand.  Let us recognize your service once more.  (Applause.)  These men waged war so that we might know peace.  They sacrificed so that we might be free.  They fought in hopes of a day when we’d no longer need to fight.  We are grateful to them.  (Applause.)   

And, gentlemen, I want each of you to know that your legacy is in good hands.  For in a time when it has never been more tempting to pursue narrow self-interest, to slough off common endeavor, this generation of Americans, a new generation -- our men and women of war -- have chosen to do their part as well. 

Rock, I want you to know that Staff Sergeant Melvin Cedillo-Martin, who’s here today, is following in your footsteps.  He just had to become an American first -- because Melvin was born in Honduras, moved to the United States, joined the Army.  After tours in Iraq and Afghanistan, he was reassigned to the 82nd Airborne.  And Sunday, he’ll parachute into Normandy.  (Applause.)  “I became part of a family of real American heroes,” he said.  “The Paratroopers of the 82nd.”

Wilson, you should know that Specialist Jannise Rodriguez joined the Army not even two years ago, was assigned to the 101st Airborne, and just last month earned the title of the 101st Airborne Division Air Assault Soldier of the Year.  And that’s inspiring but not surprising, when the women of today’s military have taken on responsibilities, including combat, like never before.  (Applause.)  

I want each of you to know that their commitment to their fellow servicemembers and veterans endures.  Sergeant First Class Brian Hawthorne’s grandfather served under General Patton and General MacArthur.  Brian himself served two tours in Iraq, earned the Bronze Star in Baghdad for saving the life of his best friend, and today, he and his wife use their experience to help other veterans and military families navigate theirs.  And Brian is here in Normandy to participate in Sunday’s jump, and here, just yesterday, he reenlisted in the Army Reserve.

And this generation -- this 9/11 Generation of servicemembers -- they, too, felt something.  They answered some call; they said “I will go.”  They, too, chose to serve a cause that’s greater than self -- many even after they knew they’d be sent into harm’s way.  And for more than a decade, they have endured tour after tour.

Sergeant First Class Cory Remsburg has served ten.  And I’ve told Cory’s incredible story before, most recently when he sat with my wife, Michelle, at the State of the Union address.  It was here, at Omaha Beach, on the 65th anniversary of D-Day, where I first met Cory and his fellow Army Rangers, right after they made their own jump into Normandy.  The next time I saw him, he was in the hospital, unable to speak or walk after an IED nearly killed him in Afghanistan.  But over the past five years, Cory has grown stronger, learning to speak again and stand again and walk again.  And earlier this year, he jumped out of a plane again.  The first words Cory said to me after his accident echoed those words first shouted all those years ago on this beach:  “Rangers lead the way.”  (Applause.)

So Cory has come back today, along with Melvin and Jannise and Brian, and many of their fellow active-duty servicemembers.  We thank them for their service.  They are a reminder that the tradition represented by these gentlemen continues.       

We are on this Earth for only a moment in time.  And fewer of us have parents and grandparents to tell us about what the veterans of D-Day did here 70 years ago.  As I was landing on Marine One, I told my staff, I don’t think there’s a time where I miss my grandfather more, where I’d be more happy to have him here, than this day.  So we have to tell their stories for them.  We have to do our best to uphold in our own lives the values that they were prepared to die for.  We have to honor those who carry forward that legacy, recognizing that people cannot live in freedom unless free people are prepared to die for it.

And as today’s wars come to an end, this generation of servicemen and women will step out of uniform, and they, too, will build families and lives of their own.  They, too, will become leaders in their communities, in commerce, in industry, and perhaps politics -- the leaders we need for the beachheads of our time.  And, God willing, they, too, will grow old in the land they helped to keep free.  And someday, future generations, whether 70 or 700 years hence, will gather at places like this to honor them and to say that these were generations of men and women who proved once again that the United States of America is and will remain the greatest force for freedom the world has ever known.  (Applause.) 

May God bless our veterans and all who served with them, including those who rest here in eternal peace.  And may God bless all who serve today for the peace and security of the world.  May God bless the people of France.  And may God bless our United States of America.  (Applause.)

END
11:43 A.M. CET

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On Board: Travels with the President on the 70th Anniversary of D-Day

June 06, 2014 | 1:22 | Public Domain

President Obama narrates this behind-the-scenes video of the 70th Anniversary of D-Day Commemoration at Omaha Beach in Normandy.

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