Just like the small business owners we support, we must do more with less,” SBA Administrator Kelly Loeffler said.

President Donald Trump announced the Small Business Administration would be taking over management of the student loan portfolio on the same day the agency announced sweeping job cuts (REUTERS ...

“The SBA was created to be a launchpad for America’s small businesses by offering access to capital, which in turn drives job creation ... she continued. The cuts will come through voluntary ...

At least seven agencies have relaunched their deferred resignation programs to make a "fork in the road" offer to employees, ...

Although SBA managed a wealth of Covid relief programs, it normally runs a much smaller operation than student debt.

which in turn drives job creation, innovation, and a thriving Main Street," said SBA Administrator Kelly Loeffler in a statement announcing the cuts. "But in the last four years, the agency has ...

Borrowers' loans will not be affected by the move to the Small Business Administration, but the transition may be rocky.

Rollins noted the upcoming RIFs in reopening the window for the deferred resignations, or DRP, which employees have until April 8 to accept. Employees who accept the offer will be placed on paid ...

Elon Musk has thrown his weight behind the U.S. Small Business Administration's (SBA) new fraud-prevention policy, which now ...

The student loan portfolio totals more than $1.6 trillion – the same size as some of the largest banks in the U.S.