The short answer is, yes. Your loan isn't owed to the Dept. of Education, it's owed to the federal taxpayer. GREENSBORO, N.C. — Forty-two million Americans have a student loan. Altogether, that ...
J. David Ake/Getty Images The Department of Education currently manages the federal student loan system through its Office of Federal Student Aid (FSA), which handles loan disbursement ...
"No, it just means that a different agency is going to manage those loans. The loans aren't owed to the Department of Education. The loans are owed to the federal taxpayer," said Betsy Mayotte, ...