Trump’s push to abolish the Education Department reaches student loan portfolio
Quick Insights
The Bottom Line
The Education Department plans to move its $1.7 trillion student loan portfolio to the Treasury Department.
How This Affects You
If you have federal student loans, their oversight will shift from the Education Department to the Treasury Department.
AI Summary
The Education Department announced it will seek to move its $1.7 trillion student loan portfolio to the Treasury Department. This action represents the biggest step yet in the agency's self-elimination, following President Trump's executive order one year ago calling for the department's shuttering. The move is part of a series of interagency agreements aimed at abolishing the Education Department, a long-standing goal of the Trump administration. This transfer would shift the management and oversight of all federal student loans to the Treasury Department.
This article is part of a story we're tracking:
Civil Rights & Justice
Following developments in civil rights, criminal justice reform, voting rights, Supreme Court decisions, policing accountability, and the ongoing struggle for equality and justice across American institutions.
Government Spending & Oversight
Tracking how taxpayer dollars are spent, where oversight gaps exist, and what watchdogs are uncovering. From federal budget battles and earmark controversies to inspector general reports and GAO audits, this deep dive follows the money trail through every level of government. We examine defense spending, entitlement programs, infrastructure investments, and the growing national debt — focusing on accountability, waste, and the policies that shape how America allocates its resources.
Should this be getting more attention?
You Might Have Missed
Related stories from different sources and perspectives
FinanceStudent loan borrowers face deadline to leave SAVE: What’s next?
The Education Department has added another curveball into the student loan changes set for this summer, telling millions of borrowers they need to get out of the Biden-era Saving on Valuable Education (SAVE) repayment plan by the end of the August. SAVE, which was officially terminated in court this month, still has more than 7.5 million borrowers on it amid…
PoliticsWATCH: Trump signs executive order to create national list of eligible voters
President Donald Trump on Tuesday signed an executive order to create a nationwide list of verified eligible voters, a move that is sure to draw legal challenges as the president continues to demand further restrictions on voting ahead of this year's midterm elections.
PoliticsTrump signs a new executive order on voting. Experts say he lacks the authority
President Trump has signed an executive order as part of an effort to end the practice of voting by mail in the U.S., though election law scholars say he doesn't have the authority.
PoliticsTrump issues order declaring all DHS staff get paid amid partial shutdown
<p>US president issues executive order as longest partial government shutdown in US history enters 49th day</p><p>Donald Trump issued an executive order Friday that declares all Department of Homeland Security employees will receive pay and benefits during the agency’s partial shutdown.<strong><br><br></strong>The “Liberating the Department of Homeland Security From the Democrat-Caused Shutdown” memo is <a href="https://www.theguardian.com/us-news/2026/mar/30/tsa-employees-back-pay-trump">similar to Trump’s executive order</a> from last week which called for issuing pay to Transportation Security Administration (TSA) agents during the shutdown.</p><p>In the order, Trump directed the homeland security secretary, Markwayne Mullin, to “use funds that have a reasonable and logical nexus to the functions of DHS” to pay “each and every employee of DHS”.</p> <a href="https://www.theguardian.com/us-news/2026/apr/03/trump-executive-order-dhs-pay-partial-shutdown">Continue reading...</a>
PoliticsUS strips citizenship from couple in trade theft case, part of Trump immigration push - Reuters
<a href="https://news.google.com/rss/articles/CBMixAFBVV95cUxQTTlxOGpiX0F1OUxQQW9xazBrN3h4bVlSd3l0WmI1eEVsenFRTzlzN2s3Nk1CU0wxWGV4Zy1weElpb3VNUFg4Qk45QTVvTTkyY3hUdVJRejhhYzBmRjlNVE1lbTBUTHYwbXpfQkNWbk51QmN4ZGFCNk0xMnc2Z2lYOWdwNXItb3FOdl9OZTE1TGdWRFRiV3Y2b2RldFpDdkQyMTBqc1hHV05takxkUnhOOTZ6dXpNam1jMVNPcXFWeXYybnJo?oc=5" target="_blank">US strips citizenship from couple in trade theft case, part of Trump immigration push</a> <font color="#6f6f6f">Reuters</font>
PoliticsNew Political Group to Push Trump’s A.I. Agenda in Midterms - The New York Times
<a href="https://news.google.com/rss/articles/CBMilgFBVV95cUxOcWRzZGlyYXZGWlVoWlFLYVhyRFdpX09HR2xaajdpU2NwX1BJWThDb04zYVlrZWVqc0FHM21mT1Ewb1JTVFR4VmFRSi1tM29ZZFF2M2l0S2hzU1pONlZoUHVRRFY3VUVBd2hKUEdEZUcxaVRlM1M3ZmdXUjBlVzdUSXA5cnFwRzlDbEU3LV83TlpCekVMZVE?oc=5" target="_blank">New Political Group to Push Trump’s A.I. Agenda in Midterms</a> <font color="#6f6f6f">The New York Times</font><strong><a href="https://news.google.com/stories/CAAqNggKIjBDQklTSGpvSmMzUnZjbmt0TXpZd1NoRUtEd2lZel9ybkVCSGhDb09IRUhmUDlpZ0FQAQ?hl=en-US&gl=US&ceid=US:en&oc=5" target="_blank">View Full Coverage on Google News</a></strong>
Trump announces ‘fraud’ crackdown in Democratic states as arrests begin in California - The Guardian
Did this story change how you see things?
Stories like this only matter when people see them. Help us get verified journalism in front of more eyes.
The Verity Ledger curates verified investigative journalism from trusted sources only.
See our sourcesMost Read This Week
After 16 years and $8 billion, the military's new GPS software still doesn't work
US paves way for private assets to be included in 401(k) retirement plans - Reuters
Trump administration scales back on asylum crackdown, sources say
European nations warn over Israel’s planned expansion of death penalty
Appeals court suspends order for Voice of America employees to return to work - AP News
