Trump’s plan to move student loans to the Small Business Association would be ‘incredibly messy,’ experts warn
The move, which is likely to face legal challenges, is part of the administration’s plan to shut down the Department of ...
9 million student loan borrowers could see a serious hit to their credit scores, according to economists
If you have student loans, you might want to take a closer look at your credit score soon. More than 9 million student loan borrowers could see their credit scores plunge significantly over the next ...
‘Borrowers have zero power’: Trump moving student loans to SBA sparks concern, confusion
President Trump moving student loans from the Education Department to the Small Business Administration (SBA) is rattling ...
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.
What Will Happen to Student Loans Under Trump?
The Federal Student Aid (FSA) program is roughly the size of one of the Nation’s largest banks, Wells Fargo,” states the ...
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Trump says Small Business Administration will take over Department of Education’s student loan portfolio
“I’ve decided that the SBA, the Small Business Administration, headed by Kelly Loeffler, a terrific person, will handle ...
U.S. Department of Education restored income-driven student loan repayment plans after pause. See the 3 plans you can choose from now
The Education Department temporarily paused these applications after the U.S. Court of Appeals for the Eighth Circuit ruled ...
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SBA to cut half its workforce - all while taking on student loan management
The agency is reducing the workforce by 43 percent, eliminating 2,700 jobs, in cuts enforced by Elon Musk’s Department of Efficiency, the agency’s head Kelly Loeffler said. The student loan ...
Student loan repayment plan applications reopened by Education Department: What to know
The U.S. Education Department on Wednesday reopened online applications for income-driven repayment plans for student loan ...