Small Business Administration to handle student loans

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Trump to Resume Collection of Defaulted Student Loans

Trump will revive penalties for student-loan borrowers who are behind on payments. Here's what to expect.

Trump is restarting collections on defaulted student-loan balances in two weeks. It could impact federal benefits, like Social Security, and wages.

U.S. News & World Report on M… · 17h

Trump to Resume Collection of Defaulted Student Loans: What to Know

The Education Department announced it is restarting the collection of payments on defaulted student loans. Here’s what to know about the decision and how borrowers can protect themselves.

Politico · 22d

Republicans hesitant to stand behind Trump’s plan for student loans

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

Student Loan Borrowers Beware

The New York Times · 2d

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 implications for the already slowing economy.

Investopedia · 28d

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 advocates and experts say the shift would add to the confusion of already overwhelmed borrowers.

USA Today · 3h

Some Tennessee student loan borrowers could have their wages garnished under new changes. What to know

In the coming weeks people with student loans in default may see their wages garnished. Here's what Tennesseans need to know.

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Trump wants Small Business Administration to handle student loans. Here's what borrowers need to know

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 ...

19h

White House announces student loan crackdown

White House Press Secretary Karoline Leavitt announced the Trump administration will resume student loan collections, after ...

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Trump to Resume Collection of Defaulted Student Loans

Student Loan Borrowers Beware