"What he's really trying to do is establish a new norm so that at least a couple of years of higher education is as accessible as high school," Muñoz said Monday. "That's really what we'll need to succeed economically."
The U.S. no longer leads the world in college attainment rates, she said. The president has long aimed for the country to reclaim the No. 1 position by 2020.
Muñoz said Georgia Tech is ideal for the event because its students have high job placement rates, the school's "promise program" offers debt-free educations to qualified instate students, and it's among the first major universities to offer an online master's degree program. Georgia Tech's online offering could serve as a model to help reduce the cost of education, she said.