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As college graduate rank falls, Obama unveils education push

As the U.S.'s world ranking for college graduates falls, President Obama unveiled an ambitious initiative planned to expand access to low-income students.

U.S. College Graduations
Students are seen during a graduation ceremony at Reed College, Portland, Ore., May 23, 2011.Joachim Ladefoged/VII

Trymaine Lee

Trymaine Lee is an NBC News correspondent.