The Trump administration wants to shut down the Education Department, which would mean moving the student loan portfolio to a different agency.

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The Trump administration is weighing whether to sell off parts of the federal student loan portfolio, Politico reported , reviving an idea from the first time Trump was in office.

Selling the loans to a private company would allow the administration to shrink the $1.6 trillion portfolio and scale back the federal government’s role in student lending. The discussions, according to Politico , have included senior officials from the Education and Treasury Departments and could include an outside firm that would essentially appraise the student loan programs.

Politico noted that the law does allow the Education D

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