Mark Souder: “The notion that federal financial aid has promoted college access to the United States is a myth not a reality.”

The proposal to end the FFEL program and replace it with direct federal student lending will have negative consequences on students, it is fiscal madness and the alleged financial benefits to the federal government are likely illusionary.

People prefer choices to monopolies.

This is a pretty amazing hearing, the party of Andrew Jackson who opposed the national banks not only proposing another national bank.

The law of unintended consequences has led to outcomes far different than intended as Federal Student Assistance has expanded over time.