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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.
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Trump: Small Business Administration to handle student loansThe nation’s student loan portfolio will be handled by the Small Business Administration ... along with formula funding and student loans. Created in 1953, the SBA is “fully dedicated to ...
programs: "The Small Business Administration...will handle all of the student loan ... president said during a White House event that student loans will be handled by the Small ...
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