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Small Business Administration will now oversee $1.7 trillion federal student loan portfolio

Summary by Fortune
Nearly 45 million student loan borrowers with $1.7 trillion in debt are left wondering what will happen to their monthly payments.

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Some Tips for Paying Student Loans in these Difficult Times

It is a difficult time for many federal student loan borrowers who simply look for ways to settle their debts. Millions of borrowers who signed up to the Biden government’s “Saving for Valious Education” plan are now in a difficult situation after the Republican-led blockade of the program for legal challenges. Meanwhile, the Trump administration has changed the terms of several other payment plans. To keep up with the payments of their student …

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Fortune broke the news in New York, United States on Friday, March 21, 2025.
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