Treasury taking over defaulted student loans

Name: Treasury taking over defaulted student loans
Uploaded: 2026-03-22T22:29:34-05:00
Description: The Education Department is transferring the management of defaulted student loans to the Treasury Department. Education Secretary Linda McMahon says the new partnership will help streamline the process. The move comes as the Trump administration takes another step towards dismantling the Education Department.

The Education Department is transferring the management of defaulted student loans to the Treasury Department. Education Secretary Linda McMahon says the new partnership will help streamline the process. The move comes as the Trump administration takes another step towards dismantling the Education Department.

Posted March 22, 2026 10:29pm CDT