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Trump wants Small Business Administration to handle student loans. Here's what borrowers need to knowIn a recent announcement, President Donald Trump said he wanted to "immediately" transfer the country's $1.6 trillion student loan portfolio to the Small Business Administration. Experts ...
Although SBA managed a wealth of Covid relief programs, it normally runs a much smaller operation than student debt.
Kelly Loeffler, head of the U.S. Small Business Administration, toured several factories on Long Island on Thursday.
(Photo by Anna Moneymaker/Getty Images) A few weeks ago, President Donald Trump directed that the federal student loan program ... Department to the Small Business Administration.
“Borrowers will now be expected to repay their loans, and those who don’t will face involuntary collections,” White House ...
The Department of Education announced on Monday that it will restart collecting federal student loans in default on May 5, ...
believes SBA can handle student loans and noted that the Treasury Department doesn’t do a lot of loan processing. “The Small Business Administration has proven themselves and they would do an ...
President Donald Trump said last week that federal student loans would "immediately" be moved out of the U.S. Department of Education and will be managed by the Small Business Administration.
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