Bipartisan Deal Threatens to Disrupt Student Loan Program: A Potential Blow to Education Department In a surprise move, the Trump administration has announced an interagency agreement between the Department of Education and the Treasury, a step that could ultimately lead to the shutdown of the ED. Under the agreement, the Treasury would take over the management of student loans, a move that has sparked concerns about the impact on borrowers and the future of the education system. The agreement is part of a broader effort to overhaul the student loan program, which has been plagued by controversy and criticism in recent years. As the Education Department's role is significantly reduced, many are left wondering what this means for students, educators, and the future of education in the United States.
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 ...