Skip to Content

Month: March 2026

Graduates line up before the start of the Bergen Community College commencement at MetLife Stadium in East Rutherford

Treasury Department to take over some federal student loans, as Trump administration works to dismantle Education Department

5:17 pm

By Piper Hudspeth Blackburn, CNN (CNN) — The Treasury Department will begin to manage federal student loans in default, taking on a key function of the Education Department as the Trump administration further pushes to dismantle it. The Treasury Department “will assume operational responsibility” for collecting on defaulted federal student loans and “provide operational support”

Continue Reading