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President Donald Trump announced Friday he plans to move the federal student loans portfolio from the Department of Education to the Small Business Administration (SBA), the biggest of several ...

It also oversees federal student loans held by nearly 43 million people, or 1 in 6 American adults, according to the Congressional Research Service. Now, borrowers are wondering what it will mean ...

including federal student loans. It’s unclear how McMahon will carry out Trump’s executive order, but the president said that some of the department’s key functions, such as overseeing ...

The department’s Office of Federal Student Aid typically coordinates closely with loan servicers to credit payments, manage income-driven repayment updates, and guide borrowers out of default.

What does this all mean for the more than 40 million Americans who hold federal student loans? "[T]his would create chaos," said Michele Shepard Zampini, senior director of college affordability ...

By Ron Lieber Ron Lieber has been writing about student debt since 2008 ... the collection of roughly $1.6 trillion in outstanding loans for over 40 million borrowers. The debt-ridden federal ...

WASHINGTON, March 20 (Reuters) - Student loan and Pell grant programs will still be run by the U.S. Department of Education, the White House said on Thursday, as President Trump prepared to sign a ...

Federal student loan payments, federal funding for students with disabilities under the Individuals with Disabilities Education Act (IDEA) and Title I funding for low-income schools will remain ...

One of America's largest unions is taking aim at President Donald Trump's administration for shutting down access to affordable student loan repayment plans -- saying the decision is ...

Thousands of student loan borrowers across the country are reporting unprecedented increases in their monthly payment obligations, with some seeing their payments multiply by ten times or more.

Jillian Berman is assistant managing editor, news enterprise, at MarketWatch, where she covers student loans and consumer debt. Her book on the student debt crisis, Sunk Cost, will be published in ...