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.

Stay updated on the latest student ... Business Insider reviewed an internal memo from the CFPB calling on its employees to "deprioritize" student loans, medical debt, and more. The Trump ...