Trump said student loans will be transferred to the Small Business Administration as part of his plan to eliminate the ...
The closure of the entire department would require an act of Congress, but Trump and his newly appointed secretary of ...
“I’ve decided that the SBA, the Small Business Administration, headed by Kelly Loeffler, a terrific person, will handle all ...
The SBA did not include managing the $1.6 trillion federal student loan portfolio anywhere within its memo announcing its restructuring.
The move, which is likely to face legal challenges, is part of the administration’s plan to shut down the Department of ...
To move the federal student loan portfolio across agencies will likely require congressional action, as would shuttering the ...
President Trump announced that Kelly Loeffler at the Small Business Administration will take over federal student loans.
SBA to cut half its workforce - all while taking on student loan management - The student loan portfolio totals more than ...
Key Points ・President Trump said he wants to move the federal student loan system to the Small Business Administration, but ...
If you're one of the 43 million Americans with student loans, you could soon be making payments to the Small Business ...
More than 9 million student loan borrowers could see their credit scores plunge significantly over the next few months.