President Trump declared his plan on Friday to transfer the federal student loan program's management to the Small Business Administration, a significant move in his goal of dismantling the Department of Education. Trump acknowledged the large scale of the loan portfolio, although he understated the actual number of outstanding loans. Despite Trump's lack of specifics on the transition process, he assured that the Small Business Administration is prepared and the shift will lead to better servicing of the loans. The decision to place the student loan program under the Small Business Administration instead of the Treasury Department, as suggested by conservative experts, raised questions about the rationale behind the choice. The Small Business Administration, under the leadership of former Sen. Kelly Loeffler, faces criticism for past management issues, including during the Paycheck Protection Program. Concerns have been raised about the SBA's capacity to handle the student loan program effectively due to its smaller size and lack of prior experience with such a large-scale program. The move has also prompted discussions on the necessary expertise and resources to ensure the program's smooth operation following the transition.