What do we now know about Trump’s executive order related to the Department of Education
Now, what happens next when President Trump has signed an executive order to end the education department? This is what we now know.
President Donald Trump said on Friday that he had decided that the small business administration would handle the students’ loans, and immediately remove it from the education department.
“They are all ready for it, they are waiting for it, Trump told reporters at the Oval Office. His service will be much better than in the past.”
On Thursday, Trump ordered his administration to abolish the education department, and seek to achieve a high promise of the campaign, though the White House acknowledged that the agency could not – and no – would be completely dissolved without the Congress Act.
Trump also announced that health and human services will handle “special needs and nutrition programs and everything.”
In 2024, student loans in the United States had a total of $ 1.777 trillion and was kept by 42.7 million borrowers. Education Data Initiative.
Trump’s Executive Order directed Linda McMemon, the secretary of education, “to the maximum extent appropriate and by the law, to take all necessary steps to facilitate the closure of the department and to ease the return of the authority to state and local communities.” The department has already left half of its staff.
Small business administration
It is unclear when and how the relatively small agency will manage the country’s large -scale student debt portfolio, and how many interruptions may experience during the transfer. College and universities are already reporting a back blog after hundreds of employees were discharged at the Department’s Federal Student Aid Office.
High school students across the country are still aware of which colleges they have been accepted and in the process of applying for federal students’ assistance.
The SBA was set up in 1953 to manage small business and destruction recovery loans. It played an important role during pandemic diseases, which helped distribute small business aid.
Shortly before Trump’s announcement, small business administration Announced in a news release This will reduce its manpower by 43 %, which will eliminate about 2,700 positions out of the total active manpower of about 6,500.
There were about 1,1500 employees to handle questions, requests and problems at the Federal Student Aid Office of the Department of Education.
Small business administration was criticized for large quantities of fraud during pandemic diseases and misuse of covid relief debt. Agency of the agency The Inspector General’s estimate is in 2023 That the agency has provided more than $ 200 billion in potentially fake loans equal to 17 % of all the debt distributed.
Trump Told reporters In the White House on March 6, it was weighing in the jurisdiction of the Department of Finance, the Department of Commerce or the Small Business Administration.
