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The 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 ...
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.
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 ...
(Photo by Anna Moneymaker/Getty Images) A few weeks ago, President Donald Trump directed that the federal student loan ... Department to the Small Business Administration. Announcing the move ...
MARYLAND – The recent changes at the Department of Education, have caused some confusion around student loans, and a local ...
a senior member of the House Education and Workforce Committee, believes SBA can handle student loans and noted that the Treasury Department doesn’t do a lot of loan processing. “The Small Business ...
The Department of Education said it will resume collections on defaulted loans ... Student Aid—and working to move the federal student loan portfolio over to the Small Business Administration.
They’re seeing their credit scores drop, which will make it more difficult to buy a car or rent a home. And that has ...
— SoFi has lobbied the federal government through outside firms since 2013, according to disclosure filings. The company most ...
Trump said Friday that the Small Business Administration would manage student loans instead ... is also not equipped to handle the nation's $1.7 trillion student loan portfolio, she said.