Trump announced plans to transfer the federal student loans from the Education Department to the SBA. Here’s what could ...

If you're one of the 43 million Americans with student loans, you could soon be making payments to the Small Business Administration rather than the Department of Education, as part of President ...

MARYLAND – The recent changes at the Department of Education, have caused some confusion around student loans, and a local ...

SBA Administrator Kelly Loeffler and President Donald Trump. Illustration: Inc; Photo: Getty Images As part of his plan to dismantle the Education Department, President Trump on Friday announced ...

President Donald Trump announced on Friday that the SBA, under the leadership of Kelly Loeffler, will now oversee the country's $1.7 trillion student loan portfolio. This transition is part of a ...

"I've decided that the SBA, the Small Business Administration, headed by Kelly Loeffler, a terrific person, will handle all of the student loan portfolio," President Donald Trump said on Friday.

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

As the president attempts to phase out the Education Department, the SBA will absorb federal student loan programs ... Trump speaks as Administrator Kelly Loeffler of the Small Business ...