The plan comes amid escalating concerns about loan defaults, with more than 9 million Americans behind on their payments ...
Although SBA managed a wealth of Covid relief programs, it normally runs a much smaller operation than student debt.
President Trump moving student loans from the Education Department to the Small Business Administration (SBA) is rattling ...
President Donald Trump says he wants to “immediately” transfer federal student loans to the Small Business Administration.
In this Your Money Matters, we sit down with a financial advisor to find out what borrowers should know amongst the confusion ...
President Trump's order to close the Department of Education included the move of student loans to the Small Business ...
Neither the Education Department’s Federal Student Aid office, which manages the loan program, nor SBA have provided a timeline or details of a plan to move the portfolio. But Education ...
Borrowers' loans will not be affected by the move to the Small Business Administration, but the transition may be rocky.
The White House said on Friday that it is making the move to shift students loans to the Small Business Administration.
A day after White House officials said the Education Department would administer the student loan program, President Donald Trump announced that the Small Business Administration would be taking over ...
Trump said student loans are moving out of the Department of Education and into the Small Business Administration. He also said that HHS will be taking over "special needs" and nutrition programs.