Education Department shifting student loan responsibilities to Treasury Department

Mar 20, 2026 - 10:00
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Education Department shifting student loan responsibilities to Treasury Department
The Education Department announced Thursday that it is moving some of its student loan portfolio to the Treasury Department, the latest and largest in a series of program shifts as the Trump administration works toward its goal of shutting down the Education Department. The interagency agreement, officials said, will move “operational responsibility for collecting on defaulted Federal student loan…