Romney was speaking before a crowd of students at Otterbein University, a private college that costs about $30K/year. Most of the kids in the audience have parents of means.
Obviously there are scholarships and other forms of financial aid for underprivileged students.
Loans are the usual aid now offered, and in view of the rising cost of college education, such means that the one necessity for middle-class life for anyone born after about 1980 (starting a small business in a world largely locked up by the chains and vertically-integrated giants in almost all industries is pointless) unless one calls the skilled trades 'middle class'. There are only so many openings.
Such aid may be coming at too high a price. Maybe we need to reform college education so it isn't so expensive -- but that may be asking for too much.
The usual hack swipe. This economy needs to rebuild the capital stock that sociopaths wearing three-piece suits bled and wasted -- much of it on luxury imports. I still say that the solution is to create a tax structure that favors small business at the expense of the efficiencies of scale of vertically-integrated firms.
If there is any fault with President Obama it is that he isn't going far enough and fast enough in promoting an economic order that works for people not already super-rich. But that begs the question of whether the sort of Congress that we now have, shills for economic elites, isn't leading America down a high-speed highway to an economic Hell.