What Happens if the Department of Education Is Abolished? Expect Delays, Student Loan Experts Say

It looks like the end is near for the Department of Education, with multiple signs this week pointing toward its demise. The Wall Street Journal reported that President Donald Trump drafted an executive order instructing Education Secretary Linda McMahon to "take all necessary steps to facilitate the closure of the Education Department" as permitted by law. This action seemed poised to go live on Thursday, until the White House disputed that the move would happen that day in a social media post. Today, McMahon said the management of federal student loans and Pell Grants could be reassigned "if the Department of Education, you know, does not exist" during an interview with NewsNation Live. At her confirmation hearing last month, McMahon said that shutting down the department would require an act of Congress. But she issued a statement this week telling the department that they've been tasked with "the elimination of bureaucratic bloat here at the Department of Education -- a momentou ... Read full article.