Education Secretary Linda McMahon Talks Possibility of Moving Student Loans to Treasury, Private Sector
This interview may be worth noting...
TLDR:
-discussion of moving student loans to Treasury, idea of ending government loans going forward
-but bigger issue is to deal with existing 1.6T debt
-talk of cost of attendance being too high, particularly when degree does not yield return on investment
-talk of using AI and administrative improvements
-bringing down cost of attendance
EDIT: Some people are interpreting this as transferring ownership of existing loans from the government to the private sector. That's not what they're referring to, instead the part about private sector is about the possibility of ending government loans "moving forward" and referring to how student loans used to be in the private sector.