The Department of Education isn't giving up hope....

.....but they are making plans to "fix" the problems they claim aren't there. Which we find sort of strange. No problem...but we'll fix the lack of problem. Congress even chimed in. Rep. Miller submitted some legislation that will give the Department of Education the power to provide liquidity to the lending marketplace.

It's too little, too late though. The industry has imploded. There are no operations centers to make the loans. The liquidity is of no use if there is no infrastucture to process the applications.

But, it's a nice gesture. It looks like they're doing something, at least.