President Trump made a shocking announcement on Friday, revealing plans to dismantle the Department of Education and transfer its responsibilities to the Small Business Administration and Department of Health and Human Services. This decision comes after Trump signed an Executive Order to begin winding down operations of the DOE.
During a press conference in the Oval Office, Trump stated that the Small Business Administration, under the leadership of Kelly Loeffler, will now be tasked with handling the $1.6 trillion in federally backed student loans currently overseen by the Department of Education. This move marks a significant shift in how student loans will be managed in the United States.
Critics of the decision have raised concerns about the potential impact on students and the education system as a whole. The Department of Education has traditionally played a crucial role in providing oversight and support for educational programs and initiatives across the country. With these responsibilities now being transferred to other agencies, there are fears about how this shift will affect students, educators, and the overall quality of education in the U.S.
While this move is sure to spark debate and controversy, it remains to be seen how the transition will be carried out and what the long-term implications will be for the education sector. As President Trump continues to reshape the federal government, the future of education policy in America hangs in the balance.
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Video “Trump announces what will happen to student loans after signing EO to dismantle Education Department” was uploaded on 03/21/2025 to Youtube Channel New York Post