Bobby Scott: “Isn't it true that the 80 percent that have insurance, for them we are closing the donut hole...”

Student loan debt now exceeds $1.7 trillion. Borrowers need clear guidance and certainty.

Codifying this new system without assessing its effectiveness just doesn’t make any sense.

Treasury has no expertise serving students or institutions of higher education or monitoring servicers for accuracy.

The administration had been illegally creating these interagency agreements, which are extremely inefficient and wasteful, and also result in inconsistent enforcement of federal education policy.