Trump Orders Steps To Dismantle Department Of Education: What It Means For Student Loans

President Donald Trump signed an executive order on Thursday aimed at dismantling the U.S. Department of Education. The president also announced on Friday that federal student loan servicing will be transferred to the Small Business Administration. Here’s a look at the latest developments. 
The Details: Trump’s order instructed Education Secretary Linda McMahon to “take all necessary measures to facilitate the dissolution of the Department of Education and return educational authority to the states.”
Read Next: Fannie Mae, Freddie Mac In Upheaval As Trump Administration Considers Privatizing Mortgage Giants 
The White House also acknowledged that it cannot …Full story available on Benzinga.com

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