http://pjmedia.com/blog/gop-lets-pay-for-low-student
-loan-rates-with-obamacare-slush-fund/?singlepage=true
excerpt;
“The Congressional Budget Office said when the new health care law passed, Congress took $61 billion of so-called savings — I call them profits on student loans — and it spent $10 billion to reduce the debt, $8.7 billion on the health care law, and the rest on Pell grants,” he said.
_______________________________________________________
comment by jap69
There you have the gov't  managing student loan money in a nutshell.
I posted a comment this morning where student loans could be a self sustaining program if left to itself on pricipal and interest collected when the student graduates.

They do the same thing with social security and medicare funds paid in by taxpayers.
The gov't has got to muck it up with playing rob Peter to pay Paul.

I posted my comment on student loans here in trusees' blog
Rush Limbaugh Attacks Sandra Fluke Again