NPR logo

Spellings Defends Record on Student Loans

  • Download
  • <iframe src="https://www.npr.org/player/embed/10118279/10118280" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
  • Transcript
Spellings Defends Record on Student Loans

Education

Spellings Defends Record on Student Loans

Spellings Defends Record on Student Loans

  • Download
  • <iframe src="https://www.npr.org/player/embed/10118279/10118280" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
  • Transcript

Secretary of Education Margaret Spellings defends her oversight of the student loan industry in a hearing before the House Education and Labor Committee.

Congressional Democrats say the administration has been asleep at the switch, while lenders have been paying universities large sums in exchange for a cut of the lucrative student loan business.

The House has passed legislation meant to root out conflicts of interest in the industry.

We no longer support commenting on NPR.org stories, but you can find us every day on Facebook, Twitter, email, and many other platforms. Learn more or contact us.