Executive Branch

SBA to Take Over Student Loans as Department of Education Is Overhauled, Trump Says

The announcement follows Trump’s executive order to reduce the Department of Education.
SBA to Take Over Student Loans as Department of Education Is Overhauled, Trump Says
President Donald Trump holds an executive order dismantling the U.S. Department of Education, in Washington on March 20, 2025. Mandel Ngan/AFP via Getty Images
Aaron Gifford
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President Donald Trump announced on March 21 that two primary functions of the Department of Education will be moved to other federal agencies.

Student loan processing will be moved to the Small Business Administration (SBA), and the oversight of funding and some programming for students with special needs will be moved to the Department of Health and Human Services.

Aaron Gifford
Aaron Gifford
Author
Aaron Gifford has written for several daily newspapers, magazines, and specialty publications and also served as a federal background investigator and Medicare fraud analyst. He graduated from the University at Buffalo and is based in Upstate New York.