Save Federal Student Loan Programs from Cuts and Chaos

The federal student loan program provides crucial access to higher education for millions of Americans, enabling them to pursue careers and economic stability. However, this program now faces grave threats from misguided policies. First, the Trump administration has illegally ordered the transfer of student loan management from the Department of Education to the Small Business Administration (SBA), an agency that lacks the resources and expertise to handle this massive undertaking. This move will inevitably lead to logistical chaos, jeopardizing the ability of students to obtain loans and make payments. Moreover, proposed budget cuts through reconciliation could slash $330 billion from education and workforce spending over the next decade. Such draconian measures would significantly undermine the federal student loan program, forcing steep increases in monthly payments, limiting access to Pell grants for low-income students, eroding borrower protections, and eliminating loan forgiveness for public service workers. These actions represent a direct assault on educational opportunity and economic mobility for countless Americans. I urge you to take a stand against these destructive policies by fully funding the federal student loan program and blocking its illegal transfer to the SBA. Protecting this vital program is essential to upholding the promise of higher education for all.