Virginia Foxx actually said...

Some are also concerned that growing default rates could be further exacerbated by the elimination of helpful services previously available ...

Nineteen months ago, the Democrat-controlled Congress approved a federal takeover of the student loan industry to help pay for the president...

When the transition to the Direct Loan Program began, critics warned of a possible increase in student loan default rates.

The transition to the Direct Loan Program has also resulted in a decline in customer service for students and financial aid officers.