Business Insider: Student-loan borrowers are at high risk if Trump dismantles the Department of Education, 11 organizations told Elizabeth Warren
From higher student-loan balances to lower college attendance, education groups have a list of concerns with President Donald Trump's plans to dismantle the Department of Education.
Sen. Elizabeth Warren released a report on Thursday - exclusively viewed by Business Insider - compiling responses she received from 11 national organizations regarding the impact of Trump's education plans on students and borrowers.
The fate of student-loan borrowers was among the groups' top concerns. The Supreme Court recently ruled that the Department of Education's plan to lay off nearly 1,400 of its employees can proceed, meaning that the Federal Student Aid office - which the report said administers over $120 billion in grants and student loans annually - would lose staff.
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By: Ayelet Sheffey
Source: Business Insider
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