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Student Loans Could Move to SBA | US News
The Trump administration is reportedly eyeing a major shakeup: moving the entire federal student loan program from the Department of Education to the Small Business Administration. With 40 million borrowers affected, the move—aimed at shrinking the Education Department’s scope and cutting red tape—raises serious concerns. The SBA, already stretched thin helping small businesses, lacks the infrastructure, tech, and expertise to handle student loans, especially amid recent staff cuts. While White House officials believe reorganizing could streamline operations, the logistics are daunting…
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