shannon, stand to make billions of dollars off student loans? reporter: jon, you know the president made clear as he spoke to college campuses last few years that reforms to student loan programs have been a top priority for his administration. support is of concept by the government taking more direct control of lender this would provide a more cost effective system for students. here is matt chingo of the institute. the problem that existed back then was poorly designed. private lenders were making too much money, giving out money given by the government, taking no risk and compensated too generously for it. reporter: private lenders out the government taking a more direct role. according to cbo projections reality of playing out, setting student loan interest rates based on government s cost to borrow, is $127 billion surplus to the department of education over the next decade, jon.