After the Education Department slashed its workforce in half last week, current and former staffers are uncertain key programs can continue.
The Treasury Department will take over the collection of defaulted federal student loan debt, and will support efforts to bring borrowers back into repayment.
The Trump administration announced a three-phase transition that will eventually include management of most federal student ...
Trump moved to shift the $1.7 trillion student loan system to the Treasury, a step toward dismantling the Education Department.
Without this Education Department oversight, borrowers could "be placed in the wrong loan repayment status, billed for ...
The Education Department says its latest move to distribute its duties to other federal agencies will include Treasury taking on much more student financial aid oversight in the future.
Just over a year ago, the U.S. Department of Education abandoned key oversight of the companies that run the federal student ...
Trump told reporters that he doesn’t believe student loans should be run under the Department of Education.