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Education Secretary Duncan on paying for college

U.S. Education Secretary Arne Duncan joined us for a live web chat on Friday, Aug. 24, to discuss education-related topics, such as student loans and the cost of college.

Here’s one of the Secretary’s answers to questions from the live chat. (See below for the full Q&A.)

Phil asked:

"Would you recommend students submit their FAFSAs to multiple schools to comparison shop among aid packages offered?"

Secretary Duncan replied:

"Yes, students absolutely should submit their FAFSA applications to multiple schools. We know that 75% send their FAFSA to only one school."

"Students should look at multiple schools when choosing college and choose one based on what's best for them, considering price, the quality of education, and graduation rates."

Secretary Duncan is the ninth U.S. secretary of education.

He has served in this post since his confirmation by the U.S. Senate on Jan. 20, 2009, following his nomination by President Barack Obama.

Here’s the full chat archive: