"The Education Department is planning to offload its student loans office, working rapidly to stand up a new independent agency that would take over what has long been a core part of the department’s mandate, according to three sources familiar with the matter and internal documents reviewed by The Washington Sun," The Washington Sun reports.

..."Melanie Storey, a former FSA director of policy implementation and oversight who now leads the National Association of Student Financial Aid Administrators, said the plan struck her as unrealistic.

'October of 2027, I mean come on,' Storey said. 'This is extraordinarily complex work.'"

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: 10/16/2026