Last Thursday, the House Committee on Education and Labor held a hearing on President Obama’s proposal to cut wasteful subsidies to student loan companies in order to increase grants to low and middle income students. Campus Progress Action submitted a statement to the committee—check it out.

Here are some clips from the hearing:

Testimony from Robert Shireman, who is the Deputy Under Secretary for the U.S. Department of Education and the former President of The Institute for College Access and Success.

Rep. Rob Andrews questioning the witnesses. For a bit of comic relief, check out Rep. Andrews questioning Dr. Richard Vedder, a conservative economist that writes about higher education issues, at 3:39.