What did I tell you Ray J. Clock is ticking on your position :). Time to say goodbye to your bonus :). All the poor students you and your institution has bilked over the years... you are going to cough it up in spades. 3 rate hikes this year. Clock is ticking. You hedging program isn't going to save you, neither is the taxpayer. 

Most of your loans are private :) 

Tick tock, tick tock, tick tock.