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Trump wants Small Business Administration to handle student loans. Here's what borrowers need to know
In 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 ...
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 ...
Education Department to resume collecting student loans in default
The Department of Education announced on Monday that it will restart collecting federal student loans in default on May 5, ...
White House Says It Will Seize Wages For Student Loans In Collection—Here’s What Borrowers Can Expect
“Borrowers will now be expected to repay their loans, and those who don’t will face involuntary collections,” White House ...
Millions of Student Loan Borrowers Are Behind on Payments
They’re seeing their credit scores drop, which will make it more difficult to buy a car or rent a home. And that has ...
Trump administration is about to collect payments from millions of student borrowers. Experts say it risks slowing the economy.
The Trump administration’s plan to begin collecting defaulted college loan payments from millions of borrowers risks ...