Save Federal Student Loan Programs from Cuts and Chaos

The federal student loan program plays a vital role in enabling access to higher education and fostering economic mobility for millions of Americans. Moving this essential program from the Department of Education to the Small Business Administration, an agency ill-equipped to manage it, would create chaos and jeopardize the financial futures of countless students and borrowers. Furthermore, proposed budget cuts threaten to undermine key initiatives like income-driven repayment plans, Pell Grants for low-income students, borrower protections, and public service loan forgiveness. Slashing funding or disrupting the administration of these programs would erect significant barriers to educational opportunity and economic advancement. We urge you to safeguard the federal student loan program's integrity, funding, and management within the Department of Education to uphold our national commitment to making college affordable and attainable for all.