Treasury taking over federal student loans amid dismantling of Department of Education (ABC News)

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Home – News – Treasury taking over federal student loans amid dismantling of Department of Education (ABC News)

Treasury taking over federal student loans amid dismantling of Department of Education (ABC News)

March 20, 2026 by EdTrust

“We are very concerned about what this means for these loans for defaulted borrowers,” Garza told ABC News, adding, “The worry is what would that look like if this portfolio does move to Treasury, what kind of support would borrowers have?”

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