No, Hope Walz did not get $82,000 in student loan forgiveness. Nor is the Walz family fabulously wealthy and benefiting from unfair loan bailouts.

Another government agency could potentially handle student loans, but experts warn it could be a bumpy transition.

It's a major challenge to the Trump administration's plans to dismantle the Education Department: How to transfer the loan accounts of more than 40 million people. President Donald Trump has floated three alternative agencies to handle the debt,