Successful college completion is the key to helping students avoid default.

Many students who have large amounts of student loan debt never completed their degrees.

It would be unconscionable for us to write a law without making college more affordable and without dealing with the 40 million Americans who are struggling to pay off $1.4 trillion in student loan debt.

I think you put it exactly the right way. That we just learned that Congressional Republicans could find $1.5 trillion to give away to rich people in corporations, but suddenly there is no money left to invest in people who are trying to…

Black college students default at five times the rate of white college graduates.

At this point, anyone who denies we have a college affordability and debt crisis problem in this country has their heads buried pretty deep in the sand.

Registration really matters.

Well, good. So should I take today as you are sounding a warning bell for people, maybe they better pay a little closer attention to the law or the SEC is going to pay closer attention to them?

Not one.

I want to know that you are not going to weaken the rule.

The SEC's mission is to protect investors, not throw them under the bus.