"With the U.S. Department of Education set to be cut in half, former officials and analysts are grappling with what it could mean for Americans who are in college or paying off student loans," Yahoo Finance reports.

... "Education lobbying groups also said McMahon had offered little to no clarity on how she intended to keep her agency running."

"'I don’t know if there is a plan and it’s not just out there, or if there is no plan,' said Karen McCarthy, vice president for public policy and federal relations at the National Association of Student Financial Aid Administrators, or NASFAA. 'But right now, there’s a lot of uncertainty about how they’re going to be redistributing work and carrying on key functions.'"

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: 3/12/2025