Virginia Foxx actually said...

"My Republican colleagues and I were rightly concerned this political tactic could have unintended consequences on the nation's students, higher education institutions, and our economy."

"Some are also concerned that growing default rates could be further exacerbated by the elimination of helpful services previously available through the now defunct Federal Family Education Loan Progra..."

"Nineteen months ago, the Democrat-controlled Congress approved a federal takeover of the student loan industry to help pay for the president's health care law."

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