'My grandmother never got a college degree...But she was able to become a vice-president at a bank partly because her high-school education was rigorous enough that she could communicate and analyse information in a way that, frankly, a bunch of college kids in many parts of the country can't.
She could write a better letter than many of my - I won't say 'many', but a number of my former students at the University of Chicago Law School.'
Mr Obama on the need to make high-school and college education more robust.
'Oh, sure. Probably only for a brief time, because I was working three jobs most of the time that I was in the State Senate. I was still practising law and I was still teaching.
But when I started campaigning for the US Senate and I had to drop some of those jobs, then she carried us for a couple years.'
On the 'reversed' gender pay gap, and whether his wife Michelle earned more than him.
'It's not one of these things where I can say: 'Oh, you know what, if I time it just right, then the market is going to be going up and unemployment will be going down right before re-election.'
What I'm very confident about is that given the difficult options before us, we are making good, thoughtful decisions.'
On when the United States can emerge from the recession.
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