President Donald Trump says he wants to "immediately" transfer federal student loans to the Small Business Administration.

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

“The Small Business Administration has proven themselves and they would do an outstanding job,” Thompson said. As for student loans being housed at SBA for the long term, he said, “There are ...

Student loans are coming due, but they are not necessarily getting paid. Missed and late payments are surging to record ...

The White House said on Friday that it is making the move to shift students loans to the Small Business Administration.

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.