Student loan borrowers sense uncertainty regarding their financial future because the Trump administration investigates ways to eliminate the U.S. Department of Education. Relocating federal education oversight to Treasury Department or Labor Department would create a disaster for the millions of student loan borrowers according to supporters of small government.
The Education Department maintains control over $1.6 trillion worth of student loans to ensure both proper administration along with borrower protection safeguards. Such responsibility would relocate to agencies like Treasury Department and Labor Department if the department ends but both entities lack expertise in education debt management. Some members of the Republican Party push for total privatization of the student loan system but this would expose borrowers to predatory lenders.
The changing of management responsibilities for student loans produces major lapses and interruptions within education funding systems. Borrowers across the country have encountered payment difficulties as well as long wait times and misunderstandings because their loans shifted among different servicing companies. Educational institutions face certain breakdown when the Education Department ceases operations instantly. Educational financial assistance delays faced by dependent students running toward term termination threaten their ability to continue their academic journey. 
Trump’s pressure to dissolve the department remains ineffective because he needs congressional support to execute this plan. Survey results from Data for Progress indicate that most likely voters (61%) express opposition to the removal of the Department. Americans agree that making such a vital agency reduction without any proper replacement plan demonstrates dangerous behavior.
The student loan system needs repair so policymakers should drop their political tactics and address the existing issues. Borrowers need stability, not upheaval. The students would get better assistance if Trump supported a reform of federal funding instead of working toward the elimination of student aid institutions.
