Elizabeth Warren

I want us to take better care of each other.

I'm sympathetic to your position. The launch of our own Health Connector Web site for insurance wasn't smooth, but we kept working on it.

Everyone is frustrated by the first few weeks of Healthcare.gov, and everyone is looking for answers, including me.

What we're saying is that's over with. That old value system was no good for this country.

No one deserved to be bankrupted or shut out of the healthcare system when they got sick.

I know we agree that the problems with the Web site are unacceptable and that they need to be fixed.

But when you sit on this side, you have got to write the law in the fear that we are going to be there someday.

The question is whether or not these can all exist simultaneously or the market will drive away from, in effect, the mutual pool.

I think of this kind of like a Goldilocks problem, too hot or too cold in terms of the Government intervention.

And the question is who are those people who are cross-subsidizing the other parts of the educational undertaking?

I think that is a very valuable point, and one of the things I hope we will pursue is how the regulations can be adjusted, not just to permit more innovation, but more accountability around that innovation in ways that work for the…

With student debt more than $1.2 trillion and college tuition out of reach for so many families, colleges have to find ways to serve students better at lower cost.

What could the Department of Education differently?

But that 22 percent is pretty impressive.

Thank you very much, Mr. Chairman.

If it is being used to reduce the costs for students who otherwise do not have access...

That kind of bothers me.

Although, I have to push back, that should be accounted and reduce the 22 percent.

The poorer kids, and the kids that are struggling and cannot afford to go and get the kind of socialization that you would get by being in a campus-based program, they pay money for online courses.

Although, I do have to say and I'll quit, because I know I am over time, but the question about cross subsidization...

I think it is critically important, as we think about the housing finance structure, that we focus on the access question and make certain that there is access all across the country and across different income levels for potential home…

I worry we are going to turn back versus trying to strengthen a market that works.

I am concerned that if we open up the secondary mortgage market to private capital but impose no meaningful requirements to protect smaller lenders, then the primary market dominance of the four biggest banks may lead to their dominance in…

It is important to promote that and provide an outlet for those loans.

The broad duty to serve the entire market plays a critical role in making sure mortgages are affordable and available in all parts of the country.