03/12/2013
https://congress.gov...
"It is very easy for us to be cavalier up here when we talk about federal government or federal loans."
"There aren't federal loans; there are taxpayer loans. We are paying these loans and we should be able to get a return on investment."
"Pell grants just 6 years ago helped 5 million students at the cost of $12 billion. Now we are helping 9 million students at the cost of $43 billion."
"Student loans have almost become an entitlement and as Mr. Draeger said, I don't think we are educating students."