Business Insider
US · 1 hrs ago
A new GOP bill aims to make the transfer of millions of student-loan accounts to Treasury official
Rep. Tim Walberg introduced a bill to allow the transfer of student-loan account management from the Education Department to the Treasury.
Eric Lee/Bloomberg via Getty Images
House GOP introduced a slate of bills intended to "right-size" the Education Department.
One of the bills codifies the department's plan to transfer student-loan accounts to the Treasury.
The transfer is set to occur in phases, beginning with defaulted borrowers' accounts.
House Republicans introduced a slate of bills to
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