The President began his day with his economic and security briefings. He then met with his senior advisors.

The President and Vice President had lunch together .

The President then met with a family struggling to pay for College. He delivered remarks on his plans to revamp and expand the student loan programs, including his plans to eliminate the Perkins loans in which banks receive government subsidies and guarantees to give loans, and replace them with all direct loans. He warned that the lobby groups for the banks were planning to fight him on this plan, but promised to prevail. Remarks