A hollowed-out Education Department and a captive loan book: What if Trump sells America’s student debt?
The Trump administration has begun hollowing out the US Education Department, shifting key programmes to other agencies while leaving its $1.6-trillion student-loan portfolio untouched. This explainer finds out why the loans are the last load-bearing wall, what it would mean if Trump tries to sell America’s student debt, and how it could ripple into tuition for Indian students and families worldwide.
The Trump administration has begun hollowing out the US Education Department, shifting key programmes to other agencies while leaving its $1.6-trillion student-loan portfolio untouched. This explainer finds out why the loans are the last load-bearing wall, what it would mean if Trump tries to sell America’s student debt, and how it could ripple into tuition for Indian students and families worldwide.
