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Trump Administration Shifts Student Loans to Treasury

Trump Administration Shifts Student Loans to Treasury

Annapolis News Today | 2 Min News | The Daily News Now! · The Daily News Now!

March 25, 20261m 32s

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Show Notes

The Trump administration initiates a three-phase plan to dismantle the Education Department, transferring its $1.7 trillion student loan portfolio to the Treasury. The first phase focuses on collecting defaulted loans, with critics warning it could exacerbate financial struggles for families amid rising costs.

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