Trump Shifts Student Loans, Other Programs Among Agencies (2)

President Donald Trump said that some key functions of the Education Department, which he is moving to dramatically shrink, would be handled by the Small Business Administration and Department of Health and Human Services.

The move comes amid worries that his efforts to overhaul the federal government could reduce programs and services.

Trump said that the Education Department’s $1.6 trillion student-loan portfolio would now be handled by the SBA, while HHS will take responsibility for programs that benefit students with disabilities. The SBA is headed by Kelly Loeffler, while the federal health department is run by Robert ...