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Mitch earned his law degree from Georgetown.  He also studied at Princeton University.

-daisy ray

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He talks about his plan on that states should offer free community college

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Mitch Daniels: States Should Offer Free Community College

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Mitch Daniels, former governor of Indiana and president of Purdue University, weighs in on President Obama's community college plan.

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"In 2011, under his guidance, Indiana passed the most sweeping education reforms in the country, including the nation’s first statewide school choice voucher program. Because of these reforms, Indiana is dramatically expanding charter schools, providing parents with more school choice, revising teacher evaluations and expanding full-day kindergarten funding. In 2010, he established WGU Indiana, a partnership between the state and Western Governors University aimed at expanding access to higher education for Hoosiers and increasing the percentage of the state's adult population with education beyond high school."
http://www.purdue.edu/president/about/

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49th Governor of Indiana
Republican
In office for 8 years

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Daniels will receive a base salary of $420,000 for his work as Purdue president, though he can make as much as $546,000 with performance-based incentives. It’s unclear exactly what benchmarks Daniels will be asked to achieve in order to make his bonus, but a statement from the school says they’ll be “based on critical goals such as increased graduation rates and affordability.”
http://indianapublicmedia.org/stateimpact/tag/mitch-daniels/

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WEST LAFAYETTE, Ind. (May 7, 2015)-- Thousands of Indiana college students will walk the stage and get their diploma starting this weekend. Of course, many of them will also leave campus with a lot of debt.

Purdue University President Mitch Daniels talked to FOX59 about how the school is bucking the national trend.

"They see Purdue is committed to value," Daniels said.

Forty million Americans have at least one student loan averaging $29,000 according to credit monitoring group Experian.

Daniels says his university is making affordability and value a top priority, and he has the numbers to back that up.

Nationally, student loans have increased by 84 percent since the recession, according to Experian.

But not at Purdue.

"Student debt at Purdue in the last two years is down 18 percent. That translates into $40 million less that our students have borrowed. We want to keep that trend downward," Daniels said.

Daniels froze tuition in his first year at Purdue. Before that, the University saw 36 straight years of increases.

Next week, the president's trustees will decide if that freeze can continue.

"We are working on it as you and I are visiting here," Daniels said.

The former two-term Indiana governor lobbied Congress in March to create federal legislation to allow students to have the option of finding an investor. That investor could possibly be an alumnus to finance their degree in exchange for a share of their future income.

Daniels says the debt debate should be a main talking point for the 2016 presidential race.

"We need to get serious about our debt obligations or we are going to do something terribly unfair to young people who are going to have to pick up a tab for that. I think 2016 is a really important moment in our democracy," he said.

Just last week, a new survey revealed the majority of college graduates regret student loan choices.

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Purdue President Mitch Daniels discusses student debt

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WEST LAFAYETTE, Ind. (May 7, 2015)-- Thousands of Indiana college students will walk the stage and get their diploma starting this weekend. Of course, many of them will also leave campus with a lot of debt. Purdue University President Mitch Daniels talked to FOX59 about how the school is bucking the national trend.

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There ought to be a better way to pay for college, says former Indiana Governor Mitch Daniels.

"We think we've found one," he told CNNMoney.

Daniels is now President of Purdue University, which is offering students an alternative to high-interest loans. Instead, they can promise to pay private investors a share of their future income in exchange for funding.

How much they pay and for how long will vary based on the terms agreed upon by the student and their investor. The repayment time can be up to nine years long, and the income share will be between 0.75% and 10%, according to the rules of Purdue's program.

It launched this year, and more than 140 Purdue students have received funding this way.

"Think of it as equity as opposed to debt, so the risk shifts entirely to the investor. If things don't work out for the student then the investor is on the hook, not the young person -- as is the case with student loans," Daniels said.

Related: Trump's student loan payment plan looks a lot like Obama's

It won't solve America's student debt problem on its own. But it does offer a new way to finance a college education, especially for students who don't have a lot of options.

"It may well be a much better alternative than a lot of the private loans, which are rather expensive," Daniels said.

He calls the student debt problem "enormous, by any measure." Total outstanding student debt across the country has surpassed that of credit cards and auto loans.

Nearly 70% of undergraduate students in the U.S. leave school with debt, which on average tops $30,000. Someone carrying that kind of debt load could be paying $300 a month for the next decade.

If students must borrow money for college, experts say it's best to take out direct federal loans first. They come with lower interest rates and most students automatically qualify.

But students are limited to how much they can borrow and it sometimes doesn't cover their remaining college cost, even after using savings or getting a scholarship. That's when they turn to Parent PLUS loans from the federal government or private loans -- both of which come with higher interest rates.

Today's federal undergraduate loans carry a 3.76% interest rate, while a Parent PLUS loan has a 6.31% interest rate. Private loans can come with rates as high as 13.7%, according to The Institute for College Access and Success.

Related: Too poor to pay for college, too rich for financial aid

For many students, there aren't any other options. (And they usually need a parent with good credit to cosign.) But the income share agreement at Purdue gives students in this situation a new alternative.

It could be a good deal for those who don't land a great-paying job upon graduation. They'll never pay more than their agreed upon percentage of their income, no matter how much or little it is.

And in Purdue's program, you won't pay anything if you're unemployed or earning less than $1,667 a month. You won't owe any more at the end of the agreed upon term, even if you haven't paid back the full amount you've borrowed.

On the other hand, it's also possible you'll end up paying back more than you originally received. The Purdue program limits that at two and a half times the original funding amount.

The idea of an income share agreement has been talked about for years by experts in higher education, but Purdue is the first major university to try it out on this kind of scale.

"It's an attempt to learn whether this concept is a viable new choice on the menu of financing possibilities for students. We hope to learn that it works out well for both sides of the transaction," Daniels said.

Related: How to pay off your student loans faster

At the root of the problem is the rising cost of college. For years, it has been growing faster than anything else in the economy, including health care and income, Daniels said. And he blames the flood of federal aid program dollars to colleges for contributing to the problem.

He thinks students and their families need to be more cost conscious when choosing a university, Daniels said. They can't assume that the most expensive college provides the best education.

He also said that schools should be held accountable when students struggle after graduating and can't pay down their debt, suggesting that colleges shoulder some of the cost.

CNNMoney (New York) First published November 28, 2016: 11:11 AM ET

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This could help fix America's student debt crisis

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"We think we've found one," he told CNNMoney. Daniels is now President of Purdue University, which is offering students an alternative to high-interest loans. Instead, they can promise to pay private investors a share of their future income in exchange for funding.

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Mitch Daniels Story - Bio, Facts, Networth, Home, Family, Auto | Famous Politicians | SuccessStory

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Daniels was the President of North American Pharmaceutical Operations for a period of four years, from 1993-97. He was promoted to the Senior Vice President of Corporate Strategy and Policy. Daniels was appointed Director, U.S Office of Management and Budget by the then President George W Bush in 2001.