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On March 20, US President Donald Trump signed an executive order to begin shutting down the federal Department of Education ...
Trump announced plans to transfer the federal student loans from the Education Department to the SBA. Here’s what could ...
The Department of Education oversees federal student loans held by nearly 43 million people, or one in six American adults.
Moving federal student loans to another agency is the latest proposal in the ongoing effort to dismantle the Department of ...
The Department of Education took a key step to initiate a process that could result in major changes to federal student loan ...
Trump cannot shut down a federal agency or transfer student loans away from the Department of Education without Congress. The Higher Education Act of 1965 states that the education secretary "shall ...
With 45 million borrowers potentially facing higher costs, experts warn that the ripple effect could weaken consumer spending ...
The outstanding federal student loan balance is ... the greatness of the United States education system.” “Today’s reduction in force reflects the Department of Education’s commitment ...