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Trump Administration Eyes Education Department Shutdown, sparking Concerns For Over 40 Million Borrowers

2025-02-05 54 Dailymotion

The Trump administration is exploring ways to dismantle the U.S. Department of Education, raising concerns for over 40 million federal student loan borrowers. The department oversees the country’s debt of over $1 trillion, and its closure could disrupt financial aid distribution. Shutting down the agency would require congressional approval, and officials are considering an executive order to limit its operations. A Data for Progress poll found that two-thirds of likely voters oppose eliminating the department through executive action. Experts warn that transferring loan management to agencies like the Treasury Department could create confusion and delays for borrowers.