Is Spellings rolling the dice with federal student loans?

In light of the current financial calamity, was this really the best location for this speech? From Education Daily:

Spellings to speak today in Las Vegas

In the wake of several high-profile moves to secure the federal student loan market, Education Secretary Margaret Spellings is scheduled to address the Federal Student Aid Conference today at Bally's Hotel and Ca??sino in Las Vegas.

Spellings is to discuss recent action taken by the Bush administration to promote college accessibility, af??fordability and accountability.

The education secretary will speak at 9 a.m. PST and will hold a media availability at 9:45 a.m. PST.

Las Vegas photograph from LaserGuided on Flickr