President Trump signed an executive order to dismantle the Department of Education, sparking concerns over curriculum, loans ...

The Department of Education oversees federal student loans held by nearly 43 million people, or one in six American adults.

Borrowers' loans will not be affected by the move to the Small Business Administration, but the transition may be rocky.

The average federal student loan debt balance is $38,375, while the total average balance (including private loan debt) may be as high as $41,618.

Student loan borrowers were already facing a host of challenges. Now President Trump is moving to dismantle the agency that ...

The Department of Education will be much smaller than it is today,” White House Press Secretary Karoline Leavitt said.

The executive order narrows eligibility for loan forgiveness by excluding nonprofit organizations that are “aiding or abetting” violations of immigration law, “supporting terrorism,” contributing to ...

President Donald Trump is set to sign an executive order on Thursday directing the shutdown of the U.S. Education Department, ...

President Trump signed an executive order to close the federal Department of Education, which could affect student loans and ...