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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 ...
Although SBA managed a wealth of Covid relief programs, it normally runs a much smaller operation than student debt.
Kelly Loeffler, head of the U.S. Small Business Administration, toured several factories on Long Island on Thursday.
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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