If Trump Eliminates the Department of Education, Do You Still Have To Pay Your Student Loans?

"President-Elect has pledged to close down the U.S. Department of Education and redirect most of its responsibilities to the states in his second term," Go Banking Rates reports.

... "In an interview with the National Association of Student Financial Aid Administrators (NASFAA), Jon Fansmith, senior vice president at the American Council on Education (ACE), said that getting rid of the DOE doesn’t mean the federal government will no longer fulfill its responsibilities."

"'The law requires you to run financial aid programs,' Fansmith told NASFAA. 'The law requires you to collect student loans. The law requires you to enforce civil rights at schools and campuses.'"

NASFAA's "Notable Headlines" section highlights media coverage of financial aid to help members stay up to date with the latest news. Articles included under the notable headlines section are not written by NASFAA, but rather by external sources. Inclusion in Today's News does not imply endorsement of the material or guarantee the accuracy of information presented.

 

Publication Date: 12/28/2024

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