Student loans will move under the umbrella of the Small Business Administration, President Trump announced Friday. The action aligns with Trump’s plan to dismantle the Department of Education.

In a recent announcement, President Donald Trump said he wanted to "immediately" transfer the country's $1.6 trillion student loan portfolio to the Small Business Administration.

On Friday, the president said he has decided the Small Business Administration will handle student loans, taking it out of the Education Department immediately. In 2024, student loan debt in the ...

President Donald Trump has proposed an unprecedented shift in the management of the nation's $1.6 trillion student loan portfolio, suggesting its transfer to the Small Business Administration (SBA).

In a recent announcement, President Donald Trump said he wanted to "immediately" transfer the country's $1.6 trillion student loan portfolio to the 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 ...

President Donald Trump said last week that federal student loans would "immediately" be moved out of the U.S. Department of Education and will be managed by the 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, ...