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Trump shifts student loans to Small Business Administration

Inside Higher Ed · 1h

Trump’s Plan to Move Student Loans to SBA Raises Concerns

The administration, which wants to close the Education Department, hasn’t said how it would move the $1.7 trillion portfolio to a new agency. Democrats say doing so would be a “clear violation” of the law.

USA TODAY on MSN · 1d

Trump orders shift on student loan management to Small Business Administration

President Donald Trump said Friday he has decided that the Small Business Administration will handle student loans, taking it out of the Education Department immediately. "They are all set for it, they are waiting for it. It'll be serviced much better than it has in the past," Trump told reporters in the Oval Office.

CNN on MSN · 1d

Trump says Small Business Administration will take over Department of Education’s student loan portfolio

President Donald Trump said Friday that the Small Business Administration will absorb the Department of Education’s massive student loan portfolio as he seeks to dismantle the agency and shift more power over education to the states.

1don MSN

Trump moves student loans to SBA, special needs and nutrition to Health & Human Services

President Donald Trump on Friday said federal student loans will be moved from the Department of Health to the Small Business ...

1don MSN

Small Business Administration will handle student loans, Trump says

The Small Business Administration will handle student loans, while the Department of Health and Human Services will take over ...

1don MSN

Small Business Administration cutting staff by 43%

The Small Business Administration on Friday said it is cutting more than 40% of its staff as part of the Trump administration ...

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