Although SBA managed a wealth of Covid relief programs, it normally runs a much smaller operation than student debt.

President Donald Trump says he wants to “immediately” transfer federal student loans to the Small Business Administration. Here’s what borrowers need to know.

The administration, which wants to close the Education Department, hasn’t said how it would move the $1.7 trillion portfolio to a new agency. Democrats say doing so would be a “clear violation” of the law.