The Trump administration announced a three-phase transition that will eventually include management of most federal student ...

The agency is making a "hard reset" on student aid programs, an official said.

The U.S. Treasury will now collect defaulted federal student loans, a move critics say could confuse borrowers.

The Education Department announced that it will be transferring operational responsibility for federal student loans to the Department of Treasury.

The Trump administration is transferring management of the $1.7 trillion federal student loan portfolio from the Department of Education to the Department of the Treasury, the most significant step ...

Transferring the oversight of defaulted student loans is a significant step toward dismantling the Education Department.

The Trump administration is attempting to move supervision of federal student loan debt to the Treasury Department from the Education Department.

The Education Department says its latest move to distribute its duties to other federal agencies will include Treasury taking on much more student financial aid oversight in the future.

One expert told Newsweek, “...the system is becoming harder to navigate at the exact moment borrowers need clarity." ...

The Treasury Department will take over the collection of defaulted federal student loan debt, and will support efforts to bring borrowers back into repayment.