What will happen to student loans if the Department of Education is dismantled?
If the federal Department of Education were to be dismantled or restructured, existing federal student loan portfolios, borrower repayment obligations, and statutory forgiveness programs would not automatically vanish. Instead, administration, loan servicing contracts, and oversight of existing debt portfolios would likely be transferred to other major federal agencies, such as the Department of the Treasury or specialized government corporations. Borrowers would remain legally obligated to repay their outstanding educational debt balances under current promissory note terms unless explicit new federal legislation alters or discharges those contractual obligations.
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