Key Points ・President Trump said he wants to move the federal student loan system to the Small Business Administration, but ...
More than 9 million student loan borrowers could see their credit scores plunge significantly over the next few months.
The SBA did not include managing the $1.6 trillion federal student loan portfolio anywhere within its memo announcing its restructuring.
The move, which is likely to face legal challenges, is part of the administration’s plan to shut down the Department of ...
Borrowers' loans will not be affected by the move to the Small Business Administration, but the transition may be rocky.
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 ...
Elon Musk's DOGE recently announced that the SBA will be placing new age requirements on business loans amid sweeping staffing cuts.
The U.S. Education Department on Wednesday reopened online applications for income-driven repayment plans for student loan ...