12/17/1990
https://www.presidency.ucsb.edu...
"Federal authority to purchase the property could undermine private efforts to buy the property and donate it to the Federal Government."
"The direct loan program would provide a line of credit and a draw on the Federal Treasury to proprietary schools, with default rates averaging 45 percent."
"The percentage of total Pell Grant funds targeted on the neediest category of students would drop from 61 percent to 49 percent."
"S. 2184 is a tribute to Mo Udall's long and admirable service to the Nation."