The Trump administration is moving to dismantle the Department of Education, moving student loan operations to the Treasury.

The Trump administration has moved decisively toward dismantling the federal Department of Education, announcing a historic interagency agreement that moves student loan operations to the Treasury Department. The transfer puts Treasury in a position to manage defaulted federal student loans and support repayment efforts, which officials have called the biggest step yet in a multiphase…

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The Trump administration is moving oversight of student loans from the Department of Education to the Treasury.

The United States (US) Department of Education will transfer part of its student loan portfolio to the US Treasury Department, an initial step toward moving the entire portfolio out of the education agency, according to an agreement announced Thursday.Under the agreement, the Treasury Department will take over the management of student loans that are in…

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