On the recordJuly 22, 2026
Treasury has no expertise serving students or institutions of higher education or monitoring servicers for accuracy.
Treasury has no expertise serving students or institutions of higher education or monitoring servicers for accuracy.
Criticizing the transfer of student aid functions to Treasury.
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Will actually contribute to the creation of miles of bureaucratic red tape, inconsistent education policy and enforcement across the federal government and a significant waste of the taxpayers’ money.
The sweeping changes to the federal student loan system originating from that law are compounding the issues that have risen from the dismantling of the Education Department.
Codifying this new system without assessing its effectiveness just doesn’t make any sense.