US Department of Education Moves Student Lending to Treasury, Aims for Closure

The Department of Education has reached its tenth interagency agreement, transferring student lending responsibilities to the Treasury, with Undersecretary Nicholas Kent stating the ultimate goal is to close the department entirely.

27 Mar, 11:00 — 27 Mar, 11:00

Post Share

Sources

Showing 1 of 1 sources

Fox NewsMixed159d ago

Department of Education employees are working every day to put themselves 'out of a job,' but why?

The Department of Education reached its 10th interagency agreement, moving student lending to Treasury. Undersecretary Nicholas Kent says the goal is to close the department entirely.

Read full article →

US Department of Education Moves Student Lending to Treasury, Aims for Closure

Sources

Department of Education employees are working every day to put themselves 'out of a job,' but why?

Related Stories

Markets Price In September Rate Hikes From Federal Reserve and Bank of Japan

Global Bond Yields Surge to Multi-Decade Highs Amid Inflation Fears

JPMorgan Warns Rising Bond Yields Threaten Stock Market Stability

Global Bond Markets Sell Off as Energy Prices and Inflation Fears Mount