Bobby Scott: “In the meanwhile, I yield 2 minutes to the gentlewoman from Illinois (Ms. Schakowsky).”

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

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

Instead, they’re forced to deal with uncertainty and chaos created by an administration that has systematically weakened the federal student aid system.

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.