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trillionfederal student loan portfoliofrom the U.S. Department ofEducation to the Small Business Administration (SBA)an agency that, on same day, announced it would be cutting its staff bynearly half. Would they understand the nuances of TitleIV program eligibility, or the legal obligations that come with administering federal aid?
The largest share of ED employees work in the federal student aid office, making any disruption potentially catastrophic for institutions that rely on revenue from student charges provided by federal student loans and Pell Grants.
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