President Donald Trump on Thursday suggested there could be major changes coming to how the federal government operates the federal student loan portfolio.
Trump told reporters in the White House that he is considering moving the Federal Student Aid office away from the Department of Education amid talk that he is looking to either downsize or abolish the education agency.
Federal student loans currently overseen by the Education Department’s Federal Student Aid office will “be brought into either Treasury or Small Business Administration or Commerce,” Trump told reporters in the Oval Office.
He also responded to a reporter’s question about the fate of student loans if he did abolish the Education Department….
Trump Floats Major Changes to Federal Student Loan Office
