The Trump administration wants the Small Business Administration to shrink its workforce by 43%. At the same time, the agency ...

Examine the impact of the Small Business Administration's planned organizational revamp that calls for terminating about ...

As the president attempts to phase out the Education Department, the SBA will absorb federal student loan programs. It is unclear how many, if any, Education Department employees SBA will absorb ...

The SBA is downsizing at the same time it is taking on the $1.6 trillion loan portfolio, announcing a 43% staff cut the same day. Trump said the move would improve student loan servicing ...

It noted that the size of the student loan portfolio is roughly the size of some of the nation’s largest banks — although the office has a far smaller staff than those banks do. But the SBA is ...

The SBA will cut its employee count by 43% and eliminate “non-essential” roles, stating it would return the agency to pre-pandemic levels of staffing. It was unclear if the agency’s firing of ...

President Trump announced on Friday that he plans to move management of the federal student loan program to the Small Business Administration (SBA), a major step in his effort to dismantle and ...

Moving student loans, she added, to the SBA, which “has no background of familiarity with the student loan program, with the rights afforded to student loan borrowers under the Higher Education ...