And when I was going to college, about -- and this was typical for I think college students -- the average student who needed financial assistance, about 70 percent of it came in grants and about 30 percent of it came in loans.

WHITEHOUSE: Online Town Hall

Another Aspen study found that those who were on welfare before becoming entrepreneurs were able to generate enough income on their own that, on average, the amount of public assistance that these entrepreneurs accepted declined by 61 percent between 1988 and 1992.

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So we must be doing something right, or at the very least our arguments are being echoed by average Americans across the country who want this assistance.

WHITEHOUSE: Press Briefing

Meanwhile, we can focus other efforts on job-assistance programs, housing, infrastructure, and other things that improve life for both the entrepreneur and the average Kibera resident.

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