On the recordOctober 25, 2005
The bottom line is you get it from the students. They will be paying more. Thousands of dollars each on average for student loans, they will have to pay. It is the only way to get it. If you cut the subsidy, somebody's got to pick it up, and it is the students. We also try to make up for a little bit of it by attacking pensions, those who have pensions in the Pension Guaranty Fund, come up with a little money by adding some fees on to that. But in terms of trying to meet the requirement of the Committee on the Budget to try to get this thing closer in terms of deficit, student loans and school lunches, it just seems to be an inappropriate priority, and we can certainly do better than that.
Source
govinfo.gov




