Lamar Alexander actually said...

I'd like to deregulate higher education as much as we can and still be good stewards of the trillion dollars in loans.

The average Pell grant is about $3,300. The average community college tuition is about the same.

I wouldn't want students around the country to believe that the taxpayers are profiting off the students.

According to the law, that's true, but not according to the Congressional Budget Office, who has told us the reverse.