Student loans to be managed by Small Business Administration, Trump says
Student loans will now be managed by Small Business Administration, President Trump announced Friday, as part of his plan to dismantle the Department of Education.

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The story so far
2 developments- Mar 20, 2025Only center coverage:Trump Will ‘Greatly Minimize’ Education Department With Executive Order—But Student Loans, Pell Grants Will Be Under Federal Control
- Mar 21, 2025Student loans to be managed by Small Business Administration, Trump says
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Quiet for 557 daysLast development · Mar 21, 2025 — Student loans to be managed by Small Business Administration, Trump says
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The bigger story
Left
3 viewpointsTrump says Small Business Administration will take over student loan portfolio as he moves to dismantle Education Department
Trump says student loans will be handled by Small Business Administration
Trump: The SBA will take over managing student loans from the Education Department
Center
5 viewpointsTrump says Small Business Administration will take over Department of Education’s student loan portfolio
Trump Says Student Loans Will Be Managed By Small Business Administration, Not Education Department