small business administration student loans

SBA to administer student loans

Moving Student Loans to the SBA Could Create Problems for Borrowers, Experts Say

President Trump's order to close the Department of Education included the move of student loans to the Small Business Administration. Trump has said the change will mean "much better" service, but advocates and experts say the shift would add to the confusion of already overwhelmed borrowers.

Inside Higher Ed · 5d

Trump’s Plan to Move Student Loans to SBA Raises Concerns

The administration, which wants to close the Education Department, hasn’t said how it would move the $1.7 trillion portfolio to a new agency. Democrats say doing so would be a “clear violation” of the law.

USA TODAY on MSN · 6d

Trump orders shift on student loan management to Small Business Administration

President Donald Trump said Friday he has decided that the Small Business Administration will handle student loans, taking it out of the Education Department immediately. "They are all set for it, they are waiting for it. It'll be serviced much better than it has in the past," Trump told reporters in the Oval Office.

MiBolsilloColombia on MSN1d

Small Business Administration would take care of student loans

President Donald Trump has proposed an unprecedented shift in the management of the nation's $1.6 trillion student loan ...

5don MSN

Trump’s Presidency And Student Loans: What Move To Small Business Administration Means For Borrowers

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

3don MSN

‘Borrowers have zero power’: Trump moving student loans to SBA sparks concern, confusion

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

7don MSN

Trump Transfers Student Loan System to Small Business Administration

If you're one of the 43 million Americans with student loans, you could soon be making payments to the Small Business ...

6don MSN

Trump says Small Business Administration will take over Department of Education’s student loan portfolio

President Donald Trump said Friday that the Small Business Administration will absorb the Department of Education’s massive ...

6hon MSN

9 million student loan borrowers could see a serious hit to their credit scores, according to economists

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

NBC Los Angeles2d

Trump wants Small Business Administration to handle student loans. Here's what borrowers need to know

President Donald Trump said last week that federal student loans would "immediately" be moved out of the U.S. Department of Education and will be managed by the Small Business Administration ...

CNET on MSN1d

What's the Future of Student Loans and FAFSA if the Department of Education Goes Under?

The White House wants to end the federal education agency, but you should still fill out FAFSA now if you want financial aid ...

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