Trump wants the SBA to take over student loans: What it means for borrowers

President Trump signed an executive order intending to dismantle the Department of Education, announcing on Friday that the Small Business Administration (SBA) would handle federal student loans.

Frederick Hess, American Enterprise Institute senior fellow and director of education policy studies, and Julie Margetta Morgan, former deputy undersecretary at the Department of Education, join Brad Smith on Wealth to discuss the issues with President Trump's plan.