Trump officials plan to task the Treasury Department with collecting on defaulted student loans and eventually "operational support" on current loans.

The Trump administration is attempting to move supervision of federal student loan debt to the Treasury Department from the Education Department.

Breaking off the student loan operation would mark the biggest step yet in closing the department.

The U.S. Treasury will now collect defaulted federal student loans, a move critics say could confuse borrowers.

Trump officials plan to task the Treasury Department with collecting on defaulted student loans and eventually "operational support" on current loans.