Bobby Scott: “Thank you, Mr. Chairman.”

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

The repeal represents the federal government walking away from that responsibility, which jeopardizes the hard-fought progress we have made.

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.