David Roe actually said...

"the federal government is expected to make a profit on the FFEL program."

"If the more 4,000 institutions currently in the FFEL program are happy with the program and wish to keep it, I think we should listen to their wishes."

"The administration has argued that the FFEL program is on life support and does not provide a stable source of capital."

"we should consider those programs as a viable alternative to a complete conversion to the Direct Loan Program."