Bobby Scott: “The projection was by 2011 and 2013, we would have paid off the entire national debt and had no interest on the national…”

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

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

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

Will actually contribute to the creation of miles of bureaucratic red tape, inconsistent education policy and enforcement across the federal government and a significant waste of the taxpayers’ money.