07/28/1987
https://www.presidency.ucsb.edu...
"This authority has been used in the past year on an experimental basis to see how it could address concerns about student debt burden and capability to repay loans."
"Our Federal student assistance dollars are not unlimited, and we will continue to seek legislative and regulatory changes aimed at ensuring that they are spent where they are most needed."
"I find certain other provisions of this bill troublesome."
"I have signed H.R. 3394, a bill entitled the Student Loan Consolidation and Technical Amendments Act of 1983."