"Biden Administration's Student Loan Plan Hits Major Roadblock: Department of Education Teeters on Brink of Shutdown In a shocking move, the Trump administration has announced an interagency agreement between the Department of Education (ED) and the Treasury that could effectively shut down the ED. The agreement, revealed on Thursday, marks a significant escalation in the ongoing battle over student loan forgiveness, with the ED set to transfer millions of dollars in student loan accounts to the Treasury. The move has sparked widespread concern among education advocates and lawmakers, who warn that the ED's shutdown could have far-reaching consequences for millions of students and families reliant on federal financial aid. As the nation's largest student loan program hangs in the balance, one thing is clear: this development marks a critical turning point in the ongoing struggle over student debt relief."
The Department of Education (ED) just took a big step closer to shutting down. The Trump administration announced on Thursday an interagency agreement between the ED and the Treasury to move student ...