Federal student loans will move to Treasury, further shrinking Education Department

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

More Education Department changes: Treasury to assume student loan duties

Partnership regarding federal student loans is the latest move by Trump administration to dissolve federal agency ...
GovCon Wire

Accenture Federal Services Secures $936.7M TIVOD Contract From Education Department

The Department of Education has awarded a hybrid firm-fixed-price contract to Accenture Federal Services to support the transition of the Title IV Origination and Disbursement, or TIVOD, system and ...
Federal News Network

Education Dept hands federal student loan portfolio to Treasury, in latest step to dismantle agency

The Treasury Department will take over the collection of defaulted federal student loan debt, and will support efforts to ...
Inside Higher Ed

Financial Aid Advisers Raise Questions About Trump’s Identity Verification Efforts

Many financial aid advisers are worried that the Trump administration’s latest effort to bolster identity verification in the student aid system could have unintended consequences. Instead of simply ...
Center for American Progress

Cuts to Department of Education’s Office of Federal Student Aid Will Leave Students and Borrowers Worse Off

The Department of Education’s latest workforce cuts, coupled with the executive order calling for the closure of the department, undermine its ability to meet legal obligations and effectively serve ...
Inside Higher Ed

10% of Federal Student Aid Staff Take Buyouts

One hundred and twenty-four employees at the Office of Federal Student Aid have accepted the Trump administration’s buyout offer, USA Today reported, resulting in a 10 percent reduction in the ...