Student Loan Confusion Grows as Trump Moves to Shut Down Education Department

WSJ Your Money Briefing

The Wall Street Journal

News, Business News

3.8 • 1.6K Ratings

🗓️ 27 March 2025

⏱️ 9 minutes

🔗️ Recording | iTunes | RSS

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Summary

President Trump's recent executive order to dissolve the Education Department has left many student loan borrowers in limbo. Wall Street Journal reporter Oyin Adedoyin joins host Dalvin Brown to discuss what this means for the $1.7 trillion in federal student loans held by nearly 45 million Americans. Sign up for the WSJ's free Markets A.M. newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	This episode is brought to you by Vanta.
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0:22.2	help your team stay compliant. Head to vanta.com slash Spotify to learn more.
0:31.2	Here's your money briefing for Thursday, March 27th. I'm Dalvin Brown for the Wall Street Journal.
0:39.3	Federal student loan borrowers have faced a series of setbacks, from stalled forgiveness
0:45.0	efforts to a rocky FAFSA rollout. Now, they say they're left with even more questions.
0:51.8	After the Trump administration moves to dismantle the very office that
0:55.6	has handled those loans for decades. A lot of student loan advisors and folks in financial aid
1:01.5	are just unsure of what to expect next. So they're telling borrowers and students to stay
1:07.5	the course of whatever their original plans were and just to stay abreast for new news updates.
1:14.1	We'll hear from Wall Street Journal reporter Oyen-Addoyen about what's next.
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