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SBA Student Loans: How the Small Business Administration Handles Debt Management

Trump wants the SBA to take over 1.7 trillion dollars in federal student loans, but the agency just slashed 43 percent of its…

Moving federal student loans to the Small Business Administration would put nearly 1.7 trillion dollars in debt under an agency that just cut 43 percent of its staff, raising real questions about whether borrowers will see smoother service or a fresh round of headaches.

Employees carry boxes out of a government office building during agency staff reductions.

What Trump Actually Proposed

On March 21, President Trump said the Department of Education's student loan portfolio should move to the SBA, and that it would happen