Bobby Scott: “Did the gentlewoman yield back her time? The Acting CHAIR. The gentlewoman from Colorado yielded back the remainder of…”

The sweeping changes to the federal student loan system originating from that law are compounding the issues that have risen from the dismantling of the Education Department.

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.

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

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