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Trump Transfers $1.8 Trillion Student Loan Portfolio to Small Business Administration

Trump Transfers $1.8 Trillion Student Loan Portfolio to Small Business Administration

POLITICS - 3/22/2025

In a controversial decision, President Trump announced that the Small Business Administration will take over the Department of Education’s $1.8 trillion student loan portfolio, amidst significant agency cuts. This move raises questions about the future of student aid management as the SBA prepares for an avalanche of defaults when payments resume.

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