April 19, 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

Charts reveal how Trump gutted federal student loan office

More than 600 positions have been eliminated from the Federal Student Aid office, internal documents show. Now, in many places, “no one is identifying schools that are failing financially.” WASHINGTON – President Donald Trump has made it a top priority to dismantle and reorganize the federal Education Department. Simultaneously, he has promised time and again

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Financial Assets

With President Trump’s move to attempt to dismantle the Department of Education, uncertainty swirls around student loans

President Donald Trump continues to make moves and push for the dismantling of the Department of Education. While it would take an act of Congress to do it, federal student loans will now be handled by the small business administration. Pitt is one of the many colleges in our area that has thousands upon thousands

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Financial Assets

What happens to student loans if Trump abolishes Education Department?

Mixed reactions to Trump’s order to dismantle Education Department Residents in Columbia, Missouri, and New York City reacted to President Donald Trump’s executive order aimed at dissolving the Education Department. WASHINGTON — President Donald Trump signed a long-anticipated executive order seeking to eliminate the U.S. Department of Education, which he said was “45 years in

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Financial Assets

If the Department of Education closes, what happens to Missouri borrowers’ student loans?

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

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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

When do student loans resume? What to know on college debt under Trump

Will the U.S. Department of Education be disbanded by Trump Administration? This video examines the historical foundation of the U.S. Department of Education, its mission to promote equal access and accountability in education, and the conservative-driven debate over its future. The Trump administration’s proposed cuts to the U.S. Department of Education have raised question by

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Financial Assets

What Could Happen To Student Loans If The Department of Education Were No More

The U.S. Department of Education plays a crucial role in managing federal student loans, overseeing financial aid programs, and ensuring access to education for millions of Americans. Recent discussions surrounding the potential elimination or significant reduction of this department have raised concerns among current and prospective student loan borrowers. The concerns are very real. In

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Financial Assets

What happens to student loans if Department of Education closes?

Linda McMahon confirmed by Senate for Education secretary The Senate confirmed GOP donor and former wrestling executive Linda McMahon to head the Department of Education with a 51-45 vote. President Donald Trump is seeking to eliminate the U.S. Department of Education, according to a draft of an executive order reviewed by USA TODAY. As Trump

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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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