"The Trump administration is considering selling off part of the federal government’s $1.6 trillion student loan portfolio to private buyers, a new Politico report reveals," The Independent reports.

..."Megan Walter, a senior policy analyst with the National Association of Student Financial Aid Administrators, told The Independent there are still unanswered questions about existing repayment plans and whether borrowers will be able to retain them under a potential sale.

'It remains unclear whether borrowers would be able to retain their current repayment plans, borrower protections, and forgiveness options generally not available in the private market, what the transition timeline would look like, and if this would only affect certain types of borrowers, such as those in standard repayment plans,' Walter said.

'We also have questions about borrowers’ rights, and if borrowers would have a choice in their loans being sold to the private market if the federal loan protections are not conserved,' she added."

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: 10/7/2025