A day after White House officials said the Education Department would administer the student loan program, President Donald Trump announced that the Small Business Administration would be taking over the $1.7 trillion portfolio. He told White House reporters that the move would happen “immediately,” though he didn’t say how that process would work. Currently, federal law
Trump said student loans are moving out of the Department of Education and into the Small Business Administration. He also said that HHS will be taking over “special needs” and nutrition programs. This comes one day after Trump signed an executive order to begin eliminating the Department of Education. Student loans are moving to the
Donald Trump has, today (21 March), signed an executive order to dismantle the US education department – but what does that mean for one in four Americans with a student loan? Trump, who has accused the Department of Education of ‘breath-taking failures’, has now vowed to defund it, returning the money it controls to individual
Drastic changes to federal student loan policies and the Department of Education are creating uncertainty and confusion for many borrowers, say debt advocates dealing with the aftermath. President Donald Trump signed an executive order Thursday afternoon directing that the Department of Education be eliminated, even as the agency slashes nearly half of its staff. The Education
Mixed reactions to Trump’s order to dismantle Education Department Residents in Columbia, Missouri, and New York City reacted to President Donald Trump’s executive order aimed at dissolving the Education Department. WASHINGTON — President Donald Trump signed a long-anticipated executive order seeking to eliminate the U.S. Department of Education, which he said was “45 years in
In a move he’s been signaling for months, President Trump is expected to sign an executive order Thursday aimed at abolishing the U.S. Department of Education. Newly confirmed Education Secretary Linda McMahon must “take all necessary steps to facilitate the closure of the Education Department,” read a draft of the order that circulated in early
If your business needs immediate funding, short-term loans can be a good option to cover cash flow gaps or expansion plans. Loan amounts typically range from $2,500 to $500,000, with repayment terms of three months to two years. While interest rates can be higher than traditional loans, approvals often happen within 24 hours, making it
A Connecticut man was sentenced to two years in prison for defrauding multiple credit unions and banks through an auto loan scheme, according to federal authorities. Ronnie Bonner, 64, of Hartford, also was sentenced by U.S. District Judge Stefan R. Underhill in Bridgeport to three years of supervised release. Authorities, citing court documents and statements
SJV Water is an independent, nonprofit news site covering water in the San Joaquin Valley, www.sjvwater.org. Email them at sjvwater@sjvwater.org A bank is suing large San Joaquin Valley grower John Vidovich for more than $105 million in allegedly defaulted loans and is demanding the foreclosure and sale of large swaths of farmland, solar sites, a
We’ve set out to answer other questions you might have about the deep Education Department cuts and what they might mean for your student loans, your child’s IEP and campus programs. Education Department employees received termination notices An email sent to employees at the Education Department told staff not to come into work on Wednesday.