"With the Trump administration looking for ways to close parts or all of the U.S. Department of Education, many of the country’s 42 million federal student loan borrowers are likely feeling on edge," CNBC reports.

..."The Treasury Department would be the next most logical agency to administer student debt, Mayotte said.

It’s also possible that the Justice Department or the Department of Labor could carry out some of the Education Department’s functions, according to a blog post by The National Association of Student Financial Aid Administrators."

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: 2/4/2025