00:00 Speaker A Now, finance continues its coverage here at the Milken conference in California. Of course, education very much in focus here on the ground. I had a great conversation with Apollo Global Management CEO Mark Rowan. Said saying he would like to see changes to higher education. Of course, I also had a
The U.S. Department of Education announced Tuesday it would lay off nearly half its staff as part of its “final mission” as the Trump administration follows through on plans to shut down the agency and cut federal bureaucracy. The cuts will leave the department with 2,183 employees, down from 4,133 when President Donald Trump took office
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
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
MIAMI – President Donald Trump’s administration is no longer accepting applications online for some financial aid programs to help debtors pay for student loans. The U.S. Department of Education’s site no longer had the applications for the Income-Driven Repayment or the Public Service Loan Forgiveness programs. IDR allowed debtors to qualify for monthly payments that