Topline
President Donald Trump announced Friday he plans to move the federal student loans portfolio from the Department of Education to the Small Business Administration (SBA), the biggest of several steps his administration is taking that affects how the government handles federal student loans and student loan forgiveness.
President Donald Trump signs an executive in the Oval Office at the White House on February 14 in … More
Key Facts
Department of Education Dismantling: Trump said Friday the Office of Student Aid would be moved to SBA “immediately,” after the president signed an executive order Thursday to “greatly minimize the agency”—but initially said federal student loans and Pell…