Borrowers' loans will not be affected by the move to the Small Business Administration, but the transition may be rocky.

President Donald Trump said that some key functions of the Education Department, which he is moving to dramatically shrink, would be handled by the Small Business Administration and Department of ...

President Donald Trump said Friday that the SBA will take on student loans and HHS will take on special needs and nutrition efforts.

President Donald Trump’s executive order aims to downsize the Department of Education, but key programs like student loans and civil rights protections will still continue.

With the Department of Education potentially dismantled, the question arises as to what will happen to student loans and ...

WASHINGTON — President Trump on Friday began sketching a roadmap for dismantling the Education Department, with other agencies taking over responsibility for federal student loans and programs ...

President Donald Trump announced Friday that his administration is moving federal student loans from the Department of Education to Small Business Administration and programs for students with ...

Trump said that the Education Department’s $1.6 trillion student-loan portfolio would now be handled by the SBA, while HHS will take responsibility for programs that benefit students with ...

The Federal Student Aid Office has more than 1,000 employees, but it is uncertain if they would be transferred to the SBA.