John Spratt: “Already in the bill you have reported, which is $2 billion short of your targeted amount, and now it is going to be $5.5…”

“Already in the bill you have reported, which is $2 billion short of your targeted amount, and now it is going to be $5.5 billion more than either targeted amount, already you have reversed the decision to lower origination rates. Your committee has raised the rate effectively on student loans. You have reversed the decision to increase the amount that students can borrow. You have changed the rates at which they could expect to consolidate their loans. How do you get the additional $5.5 billion after having done this much already to student loans?”