Trump administration mulls selling federal student loan debt to private investors
TL;DR
The Trump administration is considering selling parts of the $1.6 trillion federal student loan portfolio to private investors, a move that could shift repayment responsibilities away from the government, potentially jeopardizing borrower protections and raising legal and logistical concerns, as part of broader efforts to reduce the federal role in student lending.
Topics:businesspolitics#federal-government#loan-sale#politics#private-investors#student-loan-debt#trump-administration
- Trump officials reportedly consider selling student loan debt to private investors The Guardian
- Trump administration may sell student loan debt. What it means for borrowers LiveNOW from FOX
- Trump wants to sell some student loans. What if yours is one of them? USA Today
- What happens to borrowers if the government sells student loan debt? FOX 56 News
- Trump administration considers sale of federal student loan debt Politico
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Read on The Guardian