Education Department moves to revamp student debt programs

By Akayla Gardner
Published 3 Min Read

Bloomberg Mercury

The U.S. Department of Education is launching a rulemaking process that could see the agency overhaul multiple federal student aid programs, the latest in a series of steps by President Donald Trump to reshape an agency that administers loans to millions of American borrowers.

The department, in a statement on Thursday, said it was inviting public feedback as it evaluated ways to “streamline” student-loan assistance programs, including for public-service workers and low-income borrowers, with the aim of creating “efficiencies for students, institutions, and key stakeholders.”

Akayla Gardner

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