Although the elimination of the Department of Education is not yet a reality, its budget cuts could create administrative and financial challenges for millions of borrowers.

Could borrowers see their debts wiped out if the DOE is shuttered, or would their loans be under new management?

The Trump administration has promised to eliminate the Department of Education, shifting more responsibility back to the states. States already have significant control over education — particularly when it comes to setting standards and deciding on curriculum, but eliminating the department would have major repercussions for college students.

A court declined to prevent DOGE from accessing sensitive student loan borrower data housed at the Department of Education. But the battle isn't over.

The Trump administration is gearing up for large changes to the Department of Education, which oversees a $1.6 trillion portfolio of student loans.

President Donald Trump has reportedly set his sights on eliminating the U.S. Department of Education, a long-time Republican goal and promise from his campaign. The proposed plan, though, gives rise to a host of unanswered questions—not least of which is what happens to the 42-plus million Americans with federal student loan debt.

Such reports reinforce a policy priority from Project 2025, proposed by the Heritage Foundation, which boldly suggested that the federal Department of Education should be eliminat

U.S. President Donald Trump's stated goal of closing the Department of Education comes after a long Republican-led push to chip away at the agency's funding and influence. Like other U.S. agencies, the Department of Education's budget is determined by Congress,