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The Department of Education just took what experts are calling its “largest step” toward extinction. And honestly? It’s about time.
The Trump administration announced a historic interagency agreement Thursday that will transfer student loan operations—a nearly $1.7 trillion portfolio—from the Education Department straight to the Treasury. This isn’t some bureaucratic reshuffling. This is the dismantling of a failed federal monstrosity that has done more to inflate college costs and burden young Americans with debt than any institution in modern history.
“I think we’ve been very clear about this last week that this is a multiphase process,” said Nicholas Kent, Undersecretary of Education. He’s not kidding. The department has already slashed its workforce by over 40% and entered into ten interagency agreements. But this one? This is the big one. Student loans represent the biggest staffing and budgetary component of the entire department. Move that to Treasury, and what’s left is essentially a hollow shell.
Andrew Gillen of the Cato Institute nailed it when he told Fox News Digital that previous transfers were “relatively small” compared to this. “If it’s sent over to Treasury, this really does indicate that this is moving a substantial portion of the Department of Education elsewhere,” he said. Kent agreed completely, calling it “the next and largest step toward winding down the Department of Education.”
Let’s be real about what the Department of Education has actually accomplished since Jimmy Carter created it in 1979. Test scores haven’t improved. College costs have exploded. And American students continue to fall behind their international peers despite ever-increasing federal spending. The department’s primary function seems to be acting as a middleman for student loans while pushing progressive indoctrination through grant requirements and Title IX kangaroo courts.
Secretary Linda McMahon isn’t mincing words about the endgame. “Cutting through layers of red tape in Washington is one essential piece of our final mission,” she said. The administration is literally working to put itself out of a job—and that’s exactly what we elected them to do.
The numbers tell a devastating story. Less than 40% of borrowers are on any repayment plan. Almost 25% are in default. The Biden administration’s “mismanagement”—which is a polite word for buying votes through illegal loan forgiveness schemes—has made the situation exponentially worse. Moving these operations to Treasury will streamline the process and, more importantly, save taxpayers money by reducing losses.
This is what returning power to the states looks like. This is what draining the swamp looks like. For decades, conservatives have talked about eliminating the Department of Education. Trump is actually doing it, one interagency agreement at a time.
What do you think—should the Department of Education be completely abolished, or are there functions worth keeping? Sound off below.
Providence watches over the bold.
via Fox News