a matter of perspective: student loans

Must have been fun to hear Sec'y. Spellings' chat at the Press Club on Thursday. Evidently she and Sen. Clinton view the student loan industry's relationship with the current administration from different perspectives. The Chronicle of Higher Ed offers this on its News Blog. Clinton has been sharply critical of the student loan industry and introduced legislation last session addressing the scandal. She's also made it part of her education talking points, folding criticism of the loan industry with a call for better access and more affordability. Spellings evidently does not share her view and defended her department's oversight and investigation into allegations of abuse. When they see it, they investigate it.