president obama:and i want to pointout -- listen, i know about this firsthand. michelle and i, we knowabout this firsthand. this is not something iread in a briefing book. (laughter) this is not someabstract idea for us. we've been in your shoes. when we graduated fromcollege and law school, we had a mountainof debt, both of us.
that means when we got married,we got poorer together. we added our assetstogether, and they were zero. and then we added ourliabilities together, and they were a lot. we paid more for our studentloans than we paid for our mortgage each month when wefirst bought our small condo in chicago. and we were lucky to land goodjobs with a steady income, but we only finished payingoff our student loans about
eight years ago. think about that. i'm the president of theunited states and -- (laughter and applause) -- so here i am, andwe were writing those checks every month.
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