01/07/2014
https://www.congress.gov...
"I'm very disappointed that Sallie Mae did not come today. I think it's important that we take a closer look at how all of our servicers are performing."
"We're charging more interest than we need to run the student loan program, and there's no mechanism to refund that money to the students."
"Just loans from 2007 to 2012 are now on target to make $66 billion in profits for the U.S. Government."
"the break-even interest rate on student loans... would be about 2.5 percent."