Education Department Moves to Shift Student Loan, FAFSA Duties to Treasury

The End Is Nigh For The Department Of Education

By Madison Marino Doan & Jonathan Butcher via The Daily Signal | March 19, 2026 Bad news: Tax Day is just one month away. But the U.S. Department of Treasury just announced a rare gift for taxpayers: A dose of sanity on college loans. Today, the U.S. Department of Education and the Treasury Department signed an agreement that helps wind down the education agency, moves more responsibilities over college loans to Treasury, and simplifies the coll…

Education Department to transfer management of defaulted student loans to Treasury

The U.S. Department of Education on Feb. 20, 2026. (Photo by Shauneen Miranda/States Newsroom)WASHINGTON — The U.S. Treasury Department will take over the Department of Education’s responsibility for collecting on defaulted federal student loan debt, President Donald Trump’s administration announced Thursday. It’s the first step in a multi-phase process that will end with Treasury taking on the entire federal student loan portfolio. It’s also th…

Education Department moves to shift student loan, FAFSA duties to Treasury

The U.S. Department of Treasury plans to take “operational responsibility” for defaulted loans before eventually managing the entire $1.7 trillion portfolio.

Student Loans Will Now Be Handled By The US Treasury

Source: alexsl / Getty Besides being anti-immigrant, anti-diversity and inherently anti-science, the Trump administration has shown time and time again that it is anti-education — because a populace that learns things leaves fewer of the “poorly educated” voter who President Donald Trump said he loves so much. So, the federal government is still in its process of defunding the Department of Education, and, on Thursday, the administration announc…