President Donald Trump revealed that the Small Business Administration (SBA) and the Department of Health and Human Services (HHS) would take over certain programs from the Department of Education regarding student loans, special needs, and nutrition.
Trump’s announcement comes a day after he signed an executive order instructing Linda McMahon, the Secretary of the Department of Education “to the maximum extent appropriate and permitted by law” to “take all necessary steps to facilitate the closure” of the department and to “return authority over education to the States and local communities.”
“I’ve decided that the SBA — the Small Business Administration, headed by Kelly Loeffler…… will handle all of the student loan portfolio,” Trump said on Friday. “We have a portfolio that’s very large, lots of loans —
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