Mark Souder: “You are jumping to the conclusion that that is the famous CIA. It could be a local agency. It could be a grocery store…”

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.

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

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.