June 8, 2025
Financial Assets

Department of Education order means chaos for student loans.

Sign up for the Slatest to get the most insightful analysis, criticism, and advice out there, delivered to your inbox daily. The Department of Education provides money to local school districts. It spends billions of dollars on special education. But more than anything else? It operates like a bank. More than 40 million Americans are

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Financial Assets

Yes, Your Student Loans Will Be Impacted By The Mass Department Of Education Layoffs

US President Donald Trump speaks as he prepares to sign executive orders in the Oval Office of the … [+] White House in Washington, DC on March 6, 2025. Trump is expected to sign an executive order instructing Secretary of Education Linda McMahon to dismantle the department she now leads, US media has reported. (Photo

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Financial Assets

If Trump closes the Education Department, what happens to student loans?

President Donald Trump is expected to act soon on his promise to dismantle the federal Department of Education, the agency that supplies a small percentage of funding to public schools, enforces anti-discrimination laws, and administers the Student Aid Program. It also oversees federal student loans held by nearly 43 million people, or one in six

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Financial Assets

Student Loans: How Donald Trump’s Plans Overlap With Project 2025

Some of President Donald Trump‘s recent education initiatives and tentative plans, including the potential dismantling of the Department of Education (DOE) and subsequent restructuring of student loan programs, reflect similar recommendations outlined in Project 2025, a conservative policy agenda he previously sought to distance himself from. Newsweek has reached out to the DOE and White

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Financial Assets

Student Loan Borrowers Are Becoming Concerned Over Future of Student Loans

FARGO, N.D. (KVRR) –With the future of the Department of Education uncertain, concerns have begun to rise over student loans. The concerns come after the pause on the “SAVE” plan. Currently borrowers are no longer able to apply on any income driven or extended repayment plan on their student loans. With more than 42 million

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Financial Assets

Department of Education: What will happen to student loans if Donald Trump shuts down Department of Education? Will the debt be erased?

US President Donald Trump has long advocated for dismantling the Department of Education (DOE), arguing that education policies should be controlled at the state and local levels. With his renewed push to eliminate the agency, many student loan borrowers are left wondering: Would their debt be erased if the department no longer exists? While the

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Financial Assets

Will Student Loans Be Cancelled If Trump Shuts Down Department Of Education?

What Happens to Student Loans If Trump Abolishes the Department of Education? Getty Images President Trump has made no secret of his desire to dismantle the Department of Education and overhaul student loans. He has repeatedly called for eliminating the agency throughout his political career, arguing that education policy should be left to states and

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Financial Assets

Will Student Loans Be Canceled If Trump Shuts Down Education Department?

What Happens to Student Loans If Trump Abolishes the Department of Education? Getty Images What Happens to Student Loans If Trump Abolishes the Department of Education? Donald Trump has made no secret of his desire to dismantle the Department of Education (DOE) and overhaul student loans. He has repeatedly called for eliminating the agency throughout

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