03/30/2011
https://congress.gov...
"The administration has argued that the FFEL program is on life support and does not provide a stable source of capital."
"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 federal government is expected to make a profit on the FFEL program."
"No, it is only in the student loan market where political forces are taking advantage of economic peril to create a federal monopoly."