To compete with India and China, school year must be exended by a month, says Obama...

Sorry kids, President Obama wants to extend the school year by a month.

"That month makes a difference," the President said Monday in an appearance on the "Today" show.

And while "that's going to cost some money," he said, "that would be money well spent."

Obama's interview kicked off a special NBC News series on education.

"There's nothing more important than the issue we're talking about today," he said.

Students in China, India and other fast-growing countries are already leaving U.S. students in the dust, he said. More...

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