Trump, privatizing student loans, higher reforms, low costs: expert

US since the day it was established in 1979 Department of Education (Doe) In turn, there are formal federal student credit policies that affect the rising value of an education and the cost of paying for it. President Donald Trump says it will be better to work significantly and as a result of shots, doe, a specialist to change the private credit system to other government agencies.

The Clinton Department has provided a direct credit program, so the government has been providing loans and for several years for several years for several years for several years for several years.

“And since 2010, we have been in debt in the area given to us,” he said.

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Morning Sun, February 4, 2025, lights on the front of the Educational Building Department in Washington. (Reuters / Kevin Lamarque)

Initially, After Trump In March, the DOE signed a decree for demolition, management 1.6 trillion dollar student loan portfolio offered to transfer to Small Business Department (SBA). However, recent events show that the treasury department can be responsible for the federal student loans.

Trump leadership also offers to offer to finance pel grants and headers to other federal agencies, which effectively reduces the role of the department’s main education programs.

“If we transfer student loans to the treasury and change anything else about the system, I do not think it will have a real impact,” Gillen said. “Thus, all this loan terms have already been put by the congress and will not change the administrative house of employees who have only an effect.”

Existing system promotes “bad investments” by financing students or education The future said in the distance without the realistic expectation. Instead, special loans that prioritize the risk of payment will probably prevent funding for such loans. He proposed to move to a private system that students and students will be pressured to produce students and students to produce students and students will lead to successful careers.

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The Secretary of Education Linda McMahon speaks of Fox News General Political Anchor Bret Bret Bret Britter after moving to disassemble President Donald Trump. (Fox News / Special News)

The government does not apply to private loans, except for gillen, only a few of the students, and only a few.

“Personal lender has a few things we can do to encourage to encourage them to prepare these loans. Thus, one person clarifies how the bankruptcy law works with this income.”

Some deputies made an effort to resolve this issue. Democratic representatives. Steve Cohen, Danny K. Davis and Eric Swalwell re-reintroduced Private Student Loan Bankruptcy Justice LawOther types of other consumer debt wanted to prepare private student loans in similar bankruptcy.

Student loans, despite the decline in Pell Grants Education, says the expert said

US Secretary of Education Linda McMahon, on March 2025, 2025 participates in the signing ceremony of the executive order to reduce the volume and volume of the White House in the eastern room of the White House (Chip Somodevilla / Getty Images)

Currently, the government can pay salaries without crossing between a claim, and the process can cost more efficiently and less expensive, which will be useful for private lending.

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In the 1990s, in 1994, in 1994, the income of the income-contingent payment (BCR) plan was made by income plans President Bill Clinton. These plans allow borrowers to repay loans based on loans for the loan period and increase the total percentage paid. Instantly provided financial relief, they caused higher long-term costs for some borrowers.

2024 With the Financial Year DOE was caught About $ 1.6 trillion in debt, $ 85.7 billion in new loans, $ 45.3 billion in new loans, $ 45.3 billion for license education and 40.4 billion dollars.