Lamar Alexander actually said...

"Oversight is a big part of our responsibility."

"The Department of Education is about to become the sixth largest bank in the country based upon volume of student loans."

"I thought his first efforts on dealing with it would have been like shooting quail with a cannon."

"My goal is that we find ways in this hearing to get rid of the bad actors, whether in for-profit or nonprofit, but not diminish the quality and the choices that come from overregulation."