Education Department shifting student loan responsibilities to Treasury via The Hill News — The Education Department announced on Thursday that it is moving some of its student loan portfolio to the Treasury Department, the latest and largest in a series of program shifts as the Trump administration works toward its goal of shutting down the Education Department. The interagency agreement, officials said, will move “operational responsibility for collecting on defaulted Federal student…

The Education Department is transferring student loan responsibilities to the Treasury Department, a move impacting defaulted federal student loan collection.

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