Trump says Education Department will no longer oversee student loans, 'special needs'

The president said federal student loans would move to the Small Business Administration, and hinted that the Department of Health and Human Services would take over special education oversight.

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Mar 21, 2025 - 12:23
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Trump says Education Department will no longer oversee student loans, 'special needs'
The federal student loan portfolio – which manages about $1.6 trillion in loans for roughly 43 million borrowers – is currently overseen by the Education Department

The president said federal student loans would move to the Small Business Administration, and hinted that the Department of Health and Human Services would take over special education oversight.

(Image credit: Mario Tama)

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