The federal #StudentLoan portfolio — which includes about $1.6T in loans for ~43M borrowers — is currently overseen by the #Education Dept's office of Federal #Student #Aid (#FSA). That office has been gutted by the recent raft of buyouts, early retirements & last week's broad reduction-in-force [#RIF].
It was not clear, based on #Trump's announcement, how or if the remaining employees & expertise at FSA would be transferred to the SBA.