Uh, this is a "bailout" for the students.  Congress has realized that the change to the totalitarian Direct Loan program can't happen overnight.  It would be bad news for the majority's party in November if kids and parents can't get their loans.  Makes one wonder how well this party will govern?  I mean, come on man!  This is a real mess they've created!  But you and your adherents go right on saying there isn't a crises--I think this will be good news for another party come November! 

PS. Do I detect some disappointment that no NAF luminaries were called to testify?  Here's a suggestion...maybe a little less truthiness might do this organization some good!