Item 2 Read the excerpt from "President Obama's Third Annual Back to School Speech.”

"So I want all of you to set a goal to continue your education after you graduate. And if that means college for you, just getting into college is not enough. You also have to graduate. One of the biggest challenges we have right now is that too many of our young people enroll in college but don’t actually end up getting their degree, and as a consequence -- our country used to have the world’s highest proportion of young people with a college degree; we now rank 16th. I don't like being 16th. I like being number one. That’s not good enough. So we’ve got to use -- we’ve got to make sure your generation gets us back to the top of having the most college graduates relative to the population of any country on Earth."

What argument does President Obama make in this excerpt?

The United States is failing because it currently has fewer college graduates than it used to have.

Being the best at everything is the only thing that matters in college.

It is important for the country that more young people graduate from college.

Students should plan to graduate from college if they cannot find jobs right after high school.