 4613 here, you know OMB estimates that the delinquent debt is between 35 and 40 billion dollars, and also that what this could possibly mean over the next few years is about two-and-a-half billion, and I think it's needed to restore the viability of some of those lending programs, and it's fair. And I think all of you... With our pleasure, Mr. President. That was a good fight. Well, we're... We're very thankful for this administration. It's just been marvelous to have an idea that picked up so quickly and implemented already. We're now collecting some delinquent positions who have been making 100,000 a year and still haven't paid their student loans up, and the U.S. attorneys are out seizing their sometimes important autumn fields, and they're remaining business now, but it's not going to hurt anyone that can't pay it, but it certainly is going to benefit those who have the resources to pay and have just been debuting up to this point. Well, you know, when I was governor, we found out that the University of California, nine campuses, and the great university, and the administration offices, was actually telling the students as they helped them get government loans that they wouldn't have to pay them for. You know, one of the things they frankly told them, they said, don't, when you get out and get working, don't immediately buy something like a condominium or anything of that kind. And then, as quickly as you can, declare personal bankruptcy before you own anything that would hurt you in being seized, and that wipes out the debt, and they were going to talk this at school. Well, there's some feeling that, although you pay any of your other debts, you don't have to pay them a deal with them. You might call this an Illinois bill. Do all the proceeds go to Illinois? Four out of four. Four out of four from Illinois. Is that what my name is? That's right. Great. Looks like this is an Illinois special, isn't it? That's right. So speaking of Illinois, I've got a personal story that's probably going to be able to tell you more. I had, you know, it used to be, you know, there were foundations and so forth. I worked by a workers' school, and finally, the long-abundled last year, in the northern part of New York, in Chicago, well, Northern Trust had, in the high days of radio, a radio program that was really a recalibriated work. Shows. And then came to Hollywood and they'd get guest stars to come in and do a show at the time of the actual idea. You know, there's only a few W.A.G. in there. Just one, one step. And a big formula that you would come in, you would meet, and you would be taken to the chairman of the board's office, and you'd meet him and all the board members, and then you'd go rehearse, and then all of the board, that one has a friend, who forms a studio audience, and she'd just say, let's show him. Well, I came in and this little man was sitting behind this big desk, and he'd been mad at me and so forth. He said, when did we have something here you might be interested in seeing? This is the first time I've ever been. I thought it would be a guest on the show. He handed me this letter and I looked. And there in my handwriting was my letter asking for this long. And I had that on the board, and I looked at it and I said, well, I sure am glad I paid it back. And he said, Mr. A, if you hadn't paid it back, you wouldn't be here. That's the message we want to get. Of course, the fee for that one radio program is about six times more than the whole thing. Inflation is something to do with it. Well, this thing is a reballing fund, and we're trying to go across the point. There's students who have gotten the loans and gotten their education pulled back, and it's going to hurt new students. And 30,000 of them work for the federal government. You've got to check every twice a month. And they haven't paid the student loans. They haven't really paid the student loans. It really brought their attention this way. Many will. Another one, this one goes back to my college. The fraternity house had a big pile up. In those depression days of unpaid bills, the fellows had left college and paid. And two of us were talking about it, and no one thought anything could be done about it. So, at the weekly meeting, the two of us said, okay, will you apply 10% of anything we can collect against our bills in the fraternity house? And we just sat down by hand, wrote letters, and said, all right, we're going to pay the student loans and get the money back. And we sat down by hand, wrote letters, and said, you know, the hardship now for others that have to do this and charge as they did and to strap the fraternity was for all of this. And you'd be surprised. We had a hell of a collection rate about an 80% collection rate just from those single letters to each one of them. And it sure did help pay our bills. President, we want to thank you for having us here.