The president couldn't join the live Education Nation discussion at New York Public LIbrary Tuesday, but did a pre-taped interview with NBC's Savannah Guthrie.

He talked No Child Left Behind -- which he said gave students a "chance to learn" but was underfunded -- student proficiency and how diversity plays a role in U.S. students' comparatively low performance in core subjects with respect to global peers.

"We've got poor kids and some kids who have deep troubles at home, but there's no doubt that we can step up our game," Obama said. "And this is a big argument and a big difference that I've got with Governor [Mitt] Romney in this election, because they talk a good game about reform, but when you actually look at their budgets, they are talking about slashing our investment in education by 20 percent, 25 percent."

Obama also discussed college tuition and joked about students' low expectations for college dining when he was a student. Reports say that the cost of a college degree in America has risen 1,120 percent in the last three decades.

The president also admits that he was a "mediocre student" before college and "goofed off" too much while in school.

"Malia and Sasha are so far ahead of me, basically in all respects. They're just way better people than I was at their age, and they are doing wonderfully, I couldn't be prouder of them." he said. "I will say that at least at the school they are at, they are getting a lot more homework than I did when I was that age. They seem to be working deep into the night. You know, I didn't study that hard until the night before an exam."

Has the president ever failed a test?

"Oh yes, absolutely," he said.

Check out the rest of the interview above.

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    Located in Hyannis, Mass., <a href="http://www.sturgischarterschool.org/" target="_hplink">"Sturgis Charter Public School is dedicated to an "International Baccalaureate (IB) for All"</a> philosophy, preparing high school students for higher education in a supportive learning environment. Sturgis provides each student a rigorous world-class educational program, encouraging academic achievement, intellectual confidence, and personal growth."

  • 14. Connecticut International Baccalaureate Academy

    Located in East Hartford, Conn., <a href="http://www.cibanet.org/page.cfm?p=4136" target="_hplink">"The Connecticut IB Academy,</a> a public high school with worldwide academic standards, connects a rigorous, pre-university curriculum to the world beyond the classroom by demonstrating the inter-relationships among the academic disciplines, by promoting international understanding, and by establishing a balance among academic, artistic, and social activities in order to produce responsible, ethical, thoughtful and informed citizens who are prepared to be global leaders.

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    Located in Dublin, Calif., <a href="http://www.dublinusd.org/site/default.aspx?domainid=132" target="_hplink">Dublin High School</a> "is a four-time California Distinguished School. It is the only comprehensive 9-12 public high school in the Dublin Unified School District."

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    Located in San Marcos, Calif., <a href="http://www.smusd.org/smhs" target="_hplink">San Marcos High School,</a> the flagship high school in the San Marcos Unified School District, "currently serves a population of 2041 students from west San Marcos and communities south of the 78 freeway.... San Marcos students connect with their campus by participating in over thirty clubs and organizations and a full range of athletics and performing arts options."

  • 10. High Technology High School

    Located in Lincroft, N.J., <a href="http://www.hths.mcvsd.org/" target="_hplink">High Technology High School</a> is "a specialized school concentrating on the disciplines of science, mathematics, and technology.... Since its founding in 1991, the application and admission process has become increasingly competitive. Seventy-five students are selected each year from a pool of over three hundred outstanding applicants. This totals to approximately 265 students from throughout Monmouth County."

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    Located in Bellevue, Wash., the<a href="http://www.bsd405.org/international/" target="_hplink"> International School</a> "offers the finest educational experience to all of its students, one which is unsurpassed in preparing them intellectually, socially, creatively, physically, and emotionally, so that they are inspired to become lifelong learners and realize their dreams in the world at large."

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    Located in Santa Cruz, Calif., <a href="http://www.pacificcollegiate.com/" target="_hplink">Pacific Collegiate School's</a> vision is to "offer any student the same quality of education offered by the most academically distinguished schools in California.... Pacific Collegiate School will emphasize international, cross- cultural, and technological education in order to prepare graduates for life in the 21st Century. Pacific Collegiate students will be introduced to the rich variety of world cultures and become fluent in at least one foreign language. They will become proficient in the basic information technologies essential for cultural literacy in the 21st Century."

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    Located in Cypress, Calif., <a href="http://www.auhsd.us/Oxford/" target="_hplink">Oxford Academy's</a> mission is "to prepare students to be ethically and academically focused for entrance into college/university. OA is a seventh through twelfth grade college preparatory public school that opened in September of 1998. Recognized as a California Distinguished School, OA draws students from the entire attendance area of the Anaheim Union High School District."

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    Located in Tucson, Ariz.,<a href="http://edweb.tusd.k12.az.us/UHS/index.htm" target="_hplink"> University High School's</a> vision is to "be the premiere regional college preparatory school that serves academically focused and intellectually gifted students by providing a rigorous and challenging curriculum and by offering programs that reflect the diverse backgrounds, talents and cultures of our students within a supportive school wide community."

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    Located in Dallas, Texas, the <a href="http://semmagnetschool.org/" target="_hplink">Science and Engineering Magnet High School</a> "is a learning community established to provide students with a rigorous college preparatory, academic and technical program relating to the sciences, mathematics and engineering fields."

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    Located in Alexandria, Va., <a href="http://www.tjhsst.edu/" target="_hplink">Thomas Jefferson High School for Science and Technology's</a> mission is "to provide students a challenging learning environment focused on math, science, and technology, to inspire joy at the prospect of discovery, and to foster a culture of innovation based on ethical behavior and the shared interests of humanity."

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    Located in Dallas, Texas, the <a href="http://teacherweb.com/TX/tagmagnet/main/sdhp1.aspx" target="_hplink">School for the Talented and Gifted's</a> mission is "to provide an environment in which the unique worth, dignity, and abilities of each individual are not only recognized but cultivated and celebrated as well. We wish to provide an educational experience that empowers highly capable students to interact with their intellectual peers in academic, creative, aesthetic, and social endeavors in order to meet the challenges of today and tomorrow and to become life-long learners, responsible citizens, and contributors to the betterment of society as a whole in an ever-changing world."