Trump announced plans to transfer the federal student loans from the Education Department to the SBA. Here’s what could ...

President Donald Trump said Friday that the Small Business Administration, instead of the U.S. Department of Education, would handle the country’s federal student loan portfolio. “We have a portfolio ...

Borrowers' loans will not be affected by the move to the Small Business Administration, but the transition may be rocky.

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.

“The Small Business Administration has proven themselves and they would do an outstanding job,” Thompson said. As for student loans being housed at SBA for the long term, he said, “There are ...

Student loans are coming due, but they are not necessarily getting paid. Missed and late payments are surging to record ...

The expansion of the DOE since 1979 has led to ballooning student-loan costs, while a private-lender system could bring those ...

All while the federal office that oversees student loans has been cut in half, and may be moving to a different federal ...

“They’re laying off 43 percent of the SBA staff at the same time [SBA is] being handed a $1.6 trillion portfolio that's three times the size of what they have, and is generally, much more complicated, ...

The Education Department temporarily paused these applications after the U.S. Court of Appeals for the Eighth Circuit ruled ...

More than 9 million student loan borrowers could see their credit scores plunge significantly over the next few months.