Stephan:   If you read SR you know that I find the student debt situation in the United States, which is unique in the developed world, as a national shame, particularly when you bear in mind the recent report I published showing that many college graduates in the U.S. can't do work routinely done by highschool graduates in other developed nations. As quoted in this report, "Warren charges that the federal government is projected to earn $110 billion in profits from student loans over the next decade due in part to the department's 'failure to implement congressional directives or utilize its discretionary authority to protect our most vulnerable borrowers.'" Does this seem like sound policy to you?