If my student loan clients -- I don't have clients anymore but people who have student loans default on their student loans, the Department can, and I'm not making a judgment, I have them, but not making a judgment at this table, literally follow them to the grave, whether it's taking their tax returns, taking their Social Security payments. We are now seeing more seniors falling into poverty because of garnishments on Social Security payments than we have in the past. So I actually, that having a tighter ratio when it comes to student lending is important because of the extraordinary powers of collection that the Department has when it comes to student loans and the financial straits that that can put a borrower into. Now, we can talk also again about repayment programs and why that shouldn't happen but it still does and we need to make sure that those ratios are tight and that borrowers can actually afford to repay the programs that they're attending. Participant: Just one question for you. It's about outcomes. Because again, I'm all about And I guess what I'm looking at is is if the debt-to-earnings show that most institutions that serve low-income students have high rates that would have failed GE but they're non-GE programs, this is what I think the quandary the Department's in. To me, if you're protecting consumers, we all have an obligation to protect them at any institution they And I think the data, when it comes out, is going to be very problematic when we actually look at it. Ms. Barkley-Denney: Yes, I look forward to seeing that data. I mean I can't comment until I've seen it. Participant: Fine. Mr. Ramirez: Dan, have you got a follow-up
If my student loan clients -- I don't have clients anymore but people who have student loans default on their student loans, the Department can, and I'm not making a judgment, I have them, but not making a judgment at this table, literally follow them to the grave, whether it's taking their tax returns, taking their Social Security payments. We are now seeing more seniors falling into poverty because of garnishments on Social Security payments than we have in the past. So I actually, that having a tighter ratio when it comes to student lending is important because of the extraordinary powers of collection that the Department has when it comes to student loans and the financial straits that that can put a borrower into. Now, we can talk also again about repayment programs and why that shouldn't happen but it still does and we need to make sure that those ratios are tight and that borrowers can actually afford to repay the programs that they're attending. Participant: Just one question for you. It's about outcomes. Because again, I'm all about And I guess what I'm looking at is is if the debt-to-earnings show that most institutions that serve low-income students have high rates that would have failed GE but they're non-GE programs, this is what I think the quandary the Department's in. To me, if you're protecting consumers, we all have an obligation to protect them at any institution they And I think the data, when it comes out, is going to be very problematic when we actually look at it. Ms. Barkley-Denney: Yes, I look forward to seeing that data. I mean I can't comment until I've seen it. Participant: Fine. Mr. Ramirez: Dan, have you got a follow-up
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