John Kline actually said...

The time has come to put aside different treatment of postsecondary institutions based on tax status and to work together to protect student...

I understand there is an alternative in the regulation that was supposed to address this, why isn't that good enough?

We hope that you are looking at this vigorously. We hope that there is cooperation with the SEC and that we will get an answer.

This kind of spending is unsustainable and keeps Pell Grants on the path to bankruptcy.