What Happens to Borrowers if the Government Sells Student Loan Debt?
12 Articles
12 Articles
What happens to borrowers if the government sells student loan debt?
(NewsNation) — The Trump administration is exploring whether to sell the federal government’s massive student debt portfolio to private companies, raising questions about what the move could mean for student loan borrowers. The administration has been considering the move for months, and it now appears to be gaining traction. Multiple sources confirm the plan would shift some student loan management from the Education Department to the U.S. Trea…
Trump Admin Wants To Privatize Student Loan Debt
Privatizing student loan debt looks like a Trump/MAGA twofer: sabotaging higher education and further enriching billionaires. Oh, and probably stiffing taxpayers, too. A Politico exclusive focuses on the Trump administration’s desire to sell student loan debt. But it’s pretty clear that what’s being explored is a path to full privatization of future loans. Privatizing student loan debt “aligns with broader Republican efforts to scale back federa…
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