Trump Orders Education Department Closure; SBA to Manage Student Loans
President Trump's executive order dismantles the DOE, transfers student loans to the SBA, amid ongoing concerns about education funding and loan management.
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Borrowers in IDR plans have also seen higher monthly payments amid the changes at the ED, with some reporting monthly payments increasing by hundreds or more.
Student loan update: Millions of borrowers get temporary relief
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The thing that scares me the most is that the debt from those student loans will probably get privatized already, so it will no longer be the government collecting on the debt.
MSNBC Guest Really Concerned That Student Loans Can’t Be Forgiven If Education Department Closes
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Consumer advocates are worried that the mass transfer of accounts could trigger errors, or compromise borrowers’ privacy.
Trump says student loans will be handled by Small Business Administration
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The cuts announced on Friday come the same day President Donald Trump said the SBA would take over elements of the Department of Education.
SBA to cut staff by 43% despite plan to absorb student loans - Washington Examiner
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The move to shutter much of the education agency - a campaign promise from Trump - raised questions about what would happen to services housed there, including student loan management.
US Small Business Administration to oversee student loans
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The bureaucrats running the department have been doing the opposite of what it says.
Dept. of Education’s dirty little secret: It DEFIES its own law
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However, calls to get rid of the new department fell out of favor by the end of Reagan’s first term.
Trump’s call to dismantle Education Department shows Republican rightward lurch and his grip on GOP
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It’s to privatize the loan portfolio and make it more difficult and more expensive for kids to go to college.
Trump vs. Public Schools: Executive Order Aims to Dismantle Department of Education
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The timing of the strikes appears to have increased the proportion of women and children among the victims, with many sleeping when the missiles struck overnight or very early in the morning.
First Thing: Trump signs order to dismantle Department of Education
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No federal agency of this size has ever been eliminated before.
LINDA McMAHON: My vision for eliminating the Department of Education
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The federal government plays an outsize role in helping high-needs schools get the money they need to stay afloat.
How the Education Department cuts could hurt low-income and rural schools
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A system that prioritizes paperwork and consultants over classroom instruction is destined, even designed, to fail.
Trump's Opportunity To Transform Public Schools as the Department of Education Faces Closure
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Already, college officials say they have a backlog of logistical questions building up now that fired federal workers have stopped returning their emails.
With hundreds fewer workers, can the Federal Student Aid office still function?
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At the same time, the Democratic Party has moved away from its blue-collar roots and based its most recent presidential election wins on big student turnout, college graduates and more affluent voters.
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On Thursday, President Trump signed an executive order to facilitate his goal of getting rid of the Department of Education.
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Attempting to dismantle the Department of Education is one of the most destructive and devastating steps Donald Trump has ever taken.
Donald Trump signs executive order to ‘eliminate’ Department of Education
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The bottom line:__ There is a lot of uncertainty about what's going to happen.
Axios·1M·ReliableThis source consistently reports facts with minimal bias, demonstrating high-quality journalism and accuracy.CenterThis outlet is balanced or reflects centrist views.Trump, emboldened and unapologetic in his drastic remaking of the federal government, has brushed aside concerns that deterred his predecessors.
Trump's call to dismantle Education Department shows Republican rightward lurch and his grip on GOP
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By dismantling the department, Trump is gutting its ability to support public schools, stripping resources from students, and leaving states to fend for themselves.
Trump Takes 2-Pronged Approach to Reduce Education Department
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Summary
President Trump ordered the dismantling of the Department of Education (DOE) and announced that the Small Business Administration (SBA) would take over federal student loans for 40 million borrowers. The executive order has raised concerns about the handling of student loans and potential errors during the transition. Critics warn that access to key education programs may suffer. While the SBA prepares for the transition, Trump also indicated the Health and Human Services Department would assume some responsibilities previously managed by the DOE. Student loan borrowers have received temporary relief from increased payments during the transition.
Perspectives
The Center expresses concern that the proposed cuts to the Department of Education may disproportionately harm low-income and rural schools, which rely heavily on federal funding and support for essential services.
Fears arise that significant job losses within the National Center for Education Statistics (NCES) will hinder the allocation of vital resources and data needed to determine eligibility for crucial programs like Title I and REAP.
While supporting a return of education authority to state and local governments, the Center emphasizes the need for proper oversight and data management to ensure that funding effectively reaches students who need it most.
Protests are emerging against Trump's executive order to shutter the Department of Education, with student demonstrations highlighting the potential loss of critical services and support for vulnerable populations.
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