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@murray.senate.gov

Trump wants to create an entirely new federal agency to do the exact same work the Department of Education already does—and call it "efficiency." It's illegal without Congress. And more than 40 million student loan borrowers will pay the price.

washingtonsun.comThe Education Department Is Preparing to Offload Its Student Loan OfficeThe Trump administration is rushing to stand up an independent financial aid office for students. Employees say they’re unprepared.

16/10/26, 12:29 am64 reposts146 likes

Debra Frank Dew

@dlfdew.bsky.social

Shifting current loans might break contracts with current student loan holders?

Irene Schey

@ireneschey.bsky.social

I’m so worried because I just applied for psfl yesterday after making my 120 on time payments. I don’t trust that it is going to be honored with all of these moves and changes.

Tony Cowen

@timbertoad.bsky.social

That son of a slum lord smells a slimy buck to be made.

coconutlizard.bsky.social

@coconutlizard.bsky.social

It is called corruption. In TX Abbott is trying to do away w public education. I am sure this is the ultimate goal for for Republicans. Then only wealthy can go to private schools. Texans are pissed.

Suzy 23

@bluesuzy23.bsky.social

He wants the loan payments going to him? Efficiency is a lie.

I'mlyekka

@lyekka1.bsky.social

This is just a terrible article, why did you post it? It doesn't explain how it will affect the borrowers at all.

PNWfreedom

@kalidurga7.bsky.social

Follow the money. Whose pockets will be lined? Sue them.

Topkick75

@mhaberman00.bsky.social

I’m sure it will be in conjunction with a single chosen lender