Trump Moves Student Loans to SBA the Same Day the Agency Slashes Its Staff

The SBA did not include managing the $1.6 trillion federal student loan portfolio anywhere within its memo announcing its restructuring.
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Trump says student loans moving to SBA, 'special needs' to HHS
President Trump said Friday he is “immediately” moving the handling of federal student loans to the Small Business Administration (SBA), and shifting programs for students with disabilities to the ...The Hill - 13h -
Trump says student loans, special needs programs will be moved to new departments
President Donald Trump said Friday that the SBA will take on student loans and HHS will take on special needs and nutrition efforts.ABC News - 10h -
SBA cutting 40 percent of workforce
The Small Business Administration (SBA) plans to cut more than 40 percent of its workforce amid an agency-wide restructuring, it announced Friday. The agency will cut about 2,700 positions out of ...The Hill - 13h -
Trump announces the Small Business Administration will handle student loans
President Trump announced that the Small Business Administration would take over the handling of student loans after he signed an executive order aimed at dismantling the Department of Education.NBC News - 13h -
US small business agency to oversee student loans
The Small Business Administration will now manage the loans of some 40 million US borrowers.BBC News - 11h -
Union sues Trump administration for shutting down student loan repayment plans
The American Federation of Teachers is suing the U.S. Department of Education for shutting down access to affordable repayment plans for student loan borrowers.CNBC - 2d -
Ohio State football announces 'Student Appreciation Day'
Ohio State football announced the date for 'Student Appreciation Day' via its social media platforms on Tuesday.Yahoo Sports - 3d -
Teachers sue Trump admin for stopping affordable student loan repayment plans
The American Federation of Teachers (AFT) filed a lawsuit against the Department of Education this week hoping to restore income-based student loan repayment programs.ABC News - 1d -
How to manage your student loan payments after a layoff
Student loan borrowers who are unemployed have a number of relief options available to them, despite current challenges to the system.CNBC - 4d
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