Jack Reed actually said...

"I hope we can all agree that the status quo is not acceptable and that we can't delay in addressing the rising student loan debt."

"This isn't the system of Federal financial support that was designed to give everybody a fair shot at a higher education and better future."

"As part of the War on Poverty we enacted the Higher Education Act with the idea that no American should be denied the ability to go to college because their family lacked the means to pay."

"Today's hearing on student loans is of critical importance. The social and economic implications of the rising tide of student loan debt demand that we take action."