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How millions of student-loan borrowers will be affected by their transfer to the Treasury

Finance March 20, 2026

The student-loan shake-up continues. Loading audio narration… On Thursday, the Department of Education announced its plans to transfer the $1.7 trillion federal student-loan portfolio to the Treasury Department. It’s a major step toward accomplishing President Donald Trump’s broader goal of dismantling the Department of Education and comes at a critical…

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How millions of student-loan borrowers will be affected by their transfer to the Treasury

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