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Federal student loans will move to Treasury, further shrinking Education Department

03:55
The Trump administration announced a plan to move significant management of and responsibility for the nation's federal student loan portfolio from the U.S. Education Department to the U.S. Treasury Department. (AP)
The Trump administration announced a plan to move significant management of and responsibility for the nation's federal student loan portfolio from the U.S. Education Department to the U.S. Treasury Department. (AP)

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