The move, which is likely to face legal challenges, is part of the administration’s plan to shut down the Department of ...

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 ...

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

The Federal Student Aid (FSA) program is roughly the size of one of the Nation’s largest banks, Wells Fargo,” states the ...

The Trump administration is delivering on a key campaign promise, but millions of Americans have been left wondering what ...

President Trump moving student loans from the Education Department to the Small Business Administration (SBA) is rattling ...

“I’ve decided that the SBA, the Small Business Administration, headed by Kelly Loeffler, a terrific person, will handle all ...

More than 9 million student loan borrowers could see their credit scores plunge significantly over the next few months.

To move the federal student loan portfolio across agencies will likely require congressional action, as would shuttering the ...

SBA to cut half its workforce - all while taking on student loan management - The student loan portfolio totals more than ...

President Donald Trump on Friday said federal student loans will be moved from the Department of Health to the Small Business ...