02/12/2018
https://www.congress.gov...
"Okay. So too many repayment plans, too much money for private student loan servicers who don't help students navigate these plans, and too hard for people to stay in the best repayment plans."
"So the loan companies' incentives are not the same as the students' incentives?"
"So I think we should run our student aid programs with two goals in mind."
"I think low-income students would be better off if we gave them a bigger Pell Grant, even if they paid a little more interest down the road."