Trump Shifts Federal Student Loan Management From Education Department

Source: Bloomberg Politics · Bias: Center

Summary

The Trump administration is transferring management of the $1.7 trillion federal student loan portfolio from the Department of Education to the Department of the Treasury, the most significant step yet in the White House’s efforts to dismantle a cabinet-level agency.

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Trump Shifts Federal Student Loan Management From Education Department
Bloomberg Politics

Trump Shifts Federal Student Loan Management From Education Department

Center

The Trump administration is transferring management of the $1.7 trillion federal student loan portfolio from the Department of Education to the Department of the Treasury, the most significant step yet in the White House’s efforts to dismantle a cabinet-level agency.