President Trump is laying out new details on his controversial plan to dismantle the U.S. Department of Education. Under the ...
The Small Business Administration has announced it is cutting half its workforce, triggering concern as the agency is also taking over the enormous student loan program. The agency is reducing ...
President Donald Trump said Friday he has decided that the Small Business Administration will handle student loans, taking it out of the Education Department immediately. "They are all set for ...
Borrowers' loans will not be affected by the move to the Small Business Administration, but the transition may be rocky.
Small-business owners could pay thousands more in loan fees as the SBA looks to cut costs and rightsize its lending operations. The Small Business Administration has raised fees on some of its ...
SBA Administrator Kelly Loeffler and President Donald Trump. Illustration: Inc; Photo: Getty Images As part of his plan to dismantle the Education Department, President Trump on Friday announced ...
Neither the Education Department’s Federal Student Aid office, which manages the loan program, nor SBA have provided a timeline or details of a plan to move the portfolio. But Education ...
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What Is Student Loan Default?
What is student loan default? Find out how it happens, how it impacts your finances and credit and how to get back on track if you fall behind.