The nation’s student loan portfolio will be handled by the Small Business Administration, Trump said Friday. He called it a “pretty complicated deal, and that’s coming out of the Department ...

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

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.

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 ...

"We have a portfolio that is very large, lots of loans, tens of thousands of loans, pretty complicated deal," Trump ... or the Small Business Administration with federal student loan management.

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 it ...