The Education Department announced that the Treasury Department would take over student loan operations, as an advisory board voted to advance a coin depicting President Trump for the Treasury’s ...

The Treasury Department will take over management of student loans in default, which make up about 11% of the government’s $1.7 trillion student loan portfolio.

As Gen Z and millennials watch their “worthless” degrees lose value thanks to AI, one student has wrapped up more than $420,000 in student debt.

Recently released data from the Education Department showed that by the end of last year, 7.7 million borrowers had defaulted ...

This whole college sports enterprise is business development that is being financed by student subsidies, and frequently ever higher student loan debt.  As a society, do we do this for any other ...

Business and economics correspondent Paul Kelso explains why graduates across the country are struggling to make a dent in ...

The federal government has been making a promise to millions of student loan borrowers for years: Stay on your repayment plan long enough, and your remaining balance will eventually disappear. For ...

The Trump administration announced a three-phase transition that will eventually include management of most federal student ...

The Department of Education said Thursday it is beginning the process of moving the management of the nearly $1.7 trillion federal student loan portfolio to the Department of the Treasury.

The Treasury Department will begin to manage federal student loans in default, taking on a key function of the Education Department as the Trump administration further pushes to dismantle it.

The Education Department says its latest move to distribute its duties to other federal agencies will include Treasury taking on much more student financial aid oversight in the future.

The U.S. Treasury will now collect defaulted federal student loans, a move critics say could confuse borrowers.