WASHINGTON, DC November 20: US Secretary of Education Linda McMahon in the Brady Briefing Room of the White House on Thursday November 20, 2025. McMahon announced on Thursday, March 19 that the ...
The U.S. Department of the Treasury is getting ready to handle some student loan cases while President Donald Trump dismantles the U.S. Department of Education. On Thursday, both agencies came to an ...
The Department of Education announced an agreement to transfer student-loan borrowers to the Treasury Department. The transfer will begin with defaulted student-loan borrowers' accounts. It's Trump's ...
The Treasury Department is set to begin taking over defaulted student-loan borrowers' accounts. An Obama-era pilot program found the Treasury had low recovery rates on defaulted student loans.
The office will move to the Treasury Department as the Trump administration slowly dismantles the agency overseeing federal education policy. By Michael C. Bender Reporting from Washington The Trump ...