04/27/2010
https://www.congress.gov...
"Are we spending that $1.1 billion most effectively as a way to help low-income students?"
"My own view is that since we've reauthorized it eight times since 1965 that this would be a good time to start from scratch, at least for part of the Higher Education Act."
"Should we take this $1.1 billion and turn it into 180,000 or 200,000 Pell grants for students?"
"Well, the testimony was that it would save up to $100 billion."