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Student Loan, Trump and SBA

Investopedia on MSN · 9h

Moving Student Loans to the SBA Could Create Problems for Borrowers, Experts Say

KEY TAKEAWAYS As part of President Donald Trump’s order to close the Department of Education, he said student loans will be transferred to the Small Business Administration.Eliminating the DEO or shifting its responsibilities would require an act from Congress.

Insider on MSN · 1d

What student-loan borrowers should know about Trump's plans to dismantle the Education Department

Trump said student loans will be transferred to the Small Business Administration as part of his plan to eliminate the Department of Education.

Inside Higher Ed · 2d

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.

4d

Trump Moves Student Loans to SBA the Same Day the Agency Slashes Its Staff

The SBA did not include managing the $1.6 trillion federal student loan portfolio anywhere within its memo announcing its restructuring.

15hon MSN

Student aid disruptions, education reshuffling confuse borrowers, advisers

Financial aid advisers on college campuses across the United States are sharing in the confusion of student loan borrowers as ...

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