$1.7 Trillion Student Loan Portfolio Moving to Treasury Dept.

$1.7 Trillion Student Loan Portfolio Moving to Treasury Dept.

1 Video View·Mar 22, 2026

Will the IRS be coming after your student loan payments? Education Secretary Linda McMahon just announced a massive, historic partnership to move the Department of Education's staggering $1.7 trillion student loan portfolio over to the Treasury Department. This monumental shift—part of the administration's plan to dismantle the agency—involves a portfolio of debt that is larger than all collective credit card debt in the country.