'Not Their Business': Trump Mulls Major Changes to Federal Student Loan Office
"President Donald Trump on Thursday floated major changes to the office that oversees the federal government's massive student loan portfolio," USA Today reports.
... "Some college financial aid officers have expressed skepticism about upheaving the hundreds of employees in charge of a portfolio that rivals the biggest banks. Even if Congress passes a new law, the process likely wouldn't be simple or straightforward, Karen McCarthy, the vice president of public policy and federal relations at the National Association of Student Financial Aid Administrators, previously told USA TODAY."
"'Nobody could really imagine that Chase could fold into Citibank quickly or easily,' she said."
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: 3/6/2025
