Small Business Lifeline: Trump Proposes SBA Takeover of Student Loan Management

In a surprising policy shift, President Donald Trump announced Friday that the Small Business Administration (SBA) would take over student loan management, bypassing the Education Department. This unexpected move signals a potential overhaul of how student loan programs are administered in the United States.
The president's decision suggests a new approach to handling the complex landscape of student debt, with the SBA potentially bringing a more business-oriented perspective to loan management. While details remain sparse, the announcement has sparked immediate interest and speculation about the potential implications for students and borrowers across the nation.
The shift from the Education Department to the Small Business Administration represents a significant change in how student loans will be processed and managed, potentially introducing new strategies and perspectives to the student loan system.