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Although SBA managed a wealth of Covid relief programs, it normally runs a much smaller operation than student debt.
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Trump wants Small Business Administration to handle student loans. Here's what borrowers need to knowIn a recent announcement, President Donald Trump said he wanted to "immediately" transfer the country's $1.6 trillion student loan portfolio to the Small Business Administration. Experts ...
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 ...
The Department of Education announced on Monday that it will restart collecting federal student loans in default on May 5, ...
“Borrowers will now be expected to repay their loans, and those who don’t will face involuntary collections,” White House ...
They’re seeing their credit scores drop, which will make it more difficult to buy a car or rent a home. And that has ...
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.
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