RUSH TRANSCRIPT Coming out ░░░░░░░░ the Department of Education ░░░░░░░░ Mike Angela you worked ░░░░░░░░ What about dividing up ░░░░░░░░ major functions of the ░░░░░░░░ of Education It s ░░░░░░░░ great idea that s ░░░░░░░░ to lead to cutting ░░░░░░░░ lot of overhead waste ░░░░░░░░ now for every federal ░░░░░░░░ that gets spent on ░░░░░░░░ only about 65 cents ░░░░░░░░ makes it into a ░░░░░░░░ The rest gets absorbed ░░░░░░░░ all of this administrative ░░░░░░░░ It doesn t have ░░░░░░░░ be like this And ░░░░░░░░ the help of Congress ░░░░░░░░ federal student aid over ░░░░░░░░ the small business administration ░░░░░░░░ s a great idea ░░░░░░░░ sba was created to ░░░░░░░░ a large number of ░░░░░░░░ small dollar loans Federal ░░░░░░░░ aid has tried but ░░░░░░░░ a pretty terrible job ░░░░░░░░ it Spinning off federal ░░░░░░░░ student