Department of Education, layoffs and student loans

What the Department of Education layoffs could mean for student loan borrowers: 'This will only make things worse,' activist says
The U.S. Department of Education is cutting around 1,300 staffers from its workforce, the agency announced Tuesday.The layoffs will effectively cut the agency in half in an effort to meet President Donald Trump and Secretary of Education Linda McMahon's goal of making the department more efficient and reducing the federal government's involvement in education matters like curriculum and school choice.
What Will Happen to Student Loans If the Department of Education Is Closed Down?
Trump told reporters that he doesn’t believe student loans should be run under the Department of Education, and instead will likely end up being run under the Treasury Department, the Small Business Administration (SBA), or the Commerce Department.
How Education Department layoffs hit student loans, testing, civil rights
The layoffs call into question how agency will be able to handle major operations such as student loans, FAFSA, the Nation’s Report Card and civil rights complaints.
Federal student loan site down Wednesday, a day after layoffs gutted Education Department
An hours-long outage Wednesday on StudentAid.gov, the federal website for student loans and financial aid, underscored the risks in rapidly gutting the Department of Education, as President Donald Trump aims to dismantle the agency.
Klarna, OnePay unveil installment loans tie-up for Walmart shoppers in US
Swedish payments firm Klarna said on Monday it is partnering with consumer finance app OnePay to offer installment loans for ...
Fired federal workers lose student loan forgiveness
The Trump administration’s purge of the federal workforce has left former federal workers scrambling to find new jobs and ...
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Need fast cash? A TSP loan may be the answer
If you are facing early retirement or sudden loss of your federal career, it is a good idea to have a generous cushion of ...
What happens to student loans in Arizona if the Department of Education is abolished?
While federal leaders had promised there will be little to no changes to how student loans and grants are handled, some ...
Trump's SBA has mostly focused on cuts. Here are the loan programs it wants to expand.
The SBA has announced controversial moves regarding its offices but also is hoping to grow two key lending programs.
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6 best car loans for bad credit of March 2025
A less-than-perfect credit score can be a barrier to favorable terms on auto loans. Fortunately, even if your credit history has some blemishes (think scores below 670), you still have plenty of ...