"Bid to Disband: Trump Administration Advances Plan to Merge Student Loan Functions with Treasury Department" In a move that has sparked concerns among education advocates, the Trump administration has announced a significant step towards dismantling the Department of Education. An interagency agreement between the Education Department and the Treasury Department aims to transfer student loan functions to the latter, effectively moving a crucial aspect of the federal government's education system under the control of the Treasury. Critics argue that this shift could lead to a loss of oversight and accountability, as well as increased costs for students. The plan is part of a broader effort to reorganize the federal government, but its implications for the nation's education system remain unclear.
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 ...