04/13/2011
https://congress.gov...
"There is no underwriting for a loan."
"The Federal Government must become a responsible lender as we demand of the private sector."
"It is a consequence of Democrat policies that have nationalized the student debt lending in this country."
"I look forward to hearing the thoughts of the panel today, and over the years, I think this is going to be a fascinating way for Mr. Lynch and I to make recommendations."