In mid-February, Orman was called before the Senate Health, Education, Labor and Pensions Committee to testify about the need for reform in student loans.
She talked to Adam on Aug. 18, and asked about the interest rate on his private loan. He answered that it was 9.5 percent. "Thank you!" shouted Orman, "Nine point five percent. Shame, shame, shame on you lenders. Look at what you are doing to the future of the United States of America." And then she really let loose: "But here is the problem. … We can't do anything about it, because our great legislators have allowed these private institutions to be protected against you claiming bankruptcy."