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.

Although SBA managed a wealth of Covid relief programs, it normally runs a much smaller operation than student debt.

MARYLAND – The recent changes at the Department of Education, have caused some confusion around student loans, and a local ...

(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 ...

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 ...

For the latest news developments from President Donald Trump's first 100 days in office, visit our continuously updated blog at newsday.com/trump100days. The Trump ...

Lenders use your revenue, credit score and current debt load to determine how much business loan your business can handle ... SBA loans are loans backed by the U.S. Small Business Administration ...