Education Department Announces ‘Breakup.’ Here’s What It Means For Student Loans

The Trump administration on Tuesday announced that the Department of Education will undergo a partial dismantling, as multiple operations are to be shifted to partnerships with other federal agencies. For decades, the department has played a major role in enforcing civil rights laws in education contexts, providing support for special education services, and overseeing the government’s vast $1.6 trillion portfolio of federal student loans, including administering loan disbursements and operating several student loan forgiveness programs.