Even though it is a miserable failure under the Department of Education, we've kept it intact and moved it back over to treasury, where it used to actually work before the Department of Education got involved in it and screwed it all up. We do think that we're going to have to make some major reforms if we wanted to continue on. We think we've got to go back to what actually was working before Obama actually gutted the program, brought it back into the Department of Education and made a mess out of the student loan program. (05:22–05:27)
CLAIM
Asserts that major reforms are necessary for the continuation of the education system.
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