• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year

2

Indeed chief economist says we’re entering an era of ‘great mismatch’ thanks to a generational imbalance of workers

3

Apple’s Steve Wozniak says he cofounded the tech giant after 5 rejections from HP—not to ‘make money.’ For years, his paycheck was just $50

1

Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year

2

Indeed chief economist says we’re entering an era of ‘great mismatch’ thanks to a generational imbalance of workers

3

Apple’s Steve Wozniak says he cofounded the tech giant after 5 rejections from HP—not to ‘make money.’ For years, his paycheck was just $50
PoliticsEducation

Trump says he wants to dismantle the Education Department. Here’s what that would mean

By
The Associated Press
The Associated Press
Down Arrow Button Icon
By
The Associated Press
The Associated Press
Down Arrow Button Icon
November 20, 2024, 4:38 AM ET
Donald Trump listens with Linda McMahon during an America First Policy Institute gala at his Mar-a-Lago estate, Thursday, Nov. 14, 2024, in Palm Beach, Fla.
Donald Trump listens with Linda McMahon during an America First Policy Institute gala at his Mar-a-Lago estate, Thursday, Nov. 14, 2024, in Palm Beach, Fla.Alex Brandon—AP

Throughout his campaign, President-elect Donald Trump heaped scorn on the federal Department of Education, describing it as being infiltrated by “radicals, zealots and Marxists.”

Recommended Video

He has picked Linda McMahon, a former wrestling executive, to lead the department. But like many conservative politicians before him, Trump has called for dismantling the department altogether — a cumbersome task that likely would require action from Congress.

The agency’s main role is financial. Annually, it distributes billions in federal money to colleges and schools and manages the federal student loan portfolio. Closing the department would mean redistributing each of those duties to another agency. The Education Department also plays an important regulatory role in services for students, ranging from those with disabilities to low-income and homeless kids.

Indeed, federal education money is central to Trump’s plans for colleges and schools. Trump has vowed to cut off federal money for schools and colleges that push “critical race theory, transgender insanity, and other inappropriate racial, sexual or political content” and to reward states and schools that end teacher tenure and enact universal school choice programs.

Federal funding makes up a relatively small portion of public school budgets — roughly 14%. Colleges and universities are more reliant on it, through research grants along with federal financial aid that helps students pay their tuition.

Here is a look at some of the department’s key functions, and how Trump has said he might approach them.

Student loans and financial aid

The Education Department manages approximately $1.5 trillion in student loan debt for over 40 million borrowers. It also oversees the Pell Grant, which provides aid to students below a certain income threshold, and administers the Free Application for Federal Student Aid (FAFSA), which universities use to allocate financial aid.

The Biden administration has made cancellation of student loans a signature effort of the department’s work. Since Biden’s initial attempt to cancel student loans was overturned by the Supreme Court, the administration has forgiven over $175 billion for more than 4.8 million borrowers through a range of changes to programs it administers, such as Public Service Loan Forgiveness.

The loan forgiveness efforts have faced Republican pushback, including litigation from several GOP-led states.

Trump has criticized Biden’s efforts to cancel debt as illegal and unfair, calling it a “total catastrophe” that “taunted young people.” Trump’s plan for student debt is uncertain: He has not put out detailed plans.

Civil rights enforcement

Through its Office for Civil Rights, the Education Department conducts investigations and issues guidance on how civil rights laws should be applied, such as for LGBTQ+ students and students of color. The office also oversees a large data collection project that tracks disparities in resources, course access and discipline for students of different racial and socioeconomic groups.

Trump has suggested a different interpretation of the office’s civil rights role. In his campaign platform, he said he would pursue civil rights cases to “stop schools from discriminating on the basis of race.” He has described diversity and equity policies in education as “explicit unlawful discrimination” and said colleges that use them will pay fines and have their endowments taxed.

Trump also has pledged to exclude transgender students from Title IX protections, which affect school policies on students’ use of pronouns, bathrooms and locker rooms. Originally passed in 1972, Title IX was first used as a women’s rights law. This year, Biden’s administration said the law forbids discrimination based on gender identity and sexual orientation, but Trump can undo that.

College accreditation

While the Education Department does not directly accredit colleges and universities, it oversees the system by reviewing all federally recognized accrediting agencies. Institutions of higher education must be accredited to gain access to federal money for student financial aid.

Accreditation came under scrutiny from conservatives in 2022, when the Southern Association of Colleges and Schools questioned political interference at Florida public colleges and universities. Trump has said he would fire “radical left accreditors” and take applications for new accreditors that would uphold standards including “defending the American tradition” and removing “Marxist” diversity administrators.

Although the education secretary has the authority to terminate its relationship with individual accrediting agencies, it is an arduous process that has rarely been pursued. Under President Barack Obama, the department took steps to cancel accreditors for a now-defunct for-profit college chain, but the Trump administration blocked the move. The group, the Accrediting Council for Independent Colleges and Schools, was terminated by the Biden administration in 2022.

Money for schools

Much of the Education Department’s money for K-12 schools goes through large federal programs, such as Title I for low-income schools and the Individuals with Disabilities Education Act. Those programs support services for students with disabilities, lower class sizes with additional teaching positions, and pay for social workers and other non-teaching roles in schools.

During his campaign, Trump called for shifting those functions to the states. He has not offered details on how the agency’s core functions of sending federal money to local districts and schools would be handled.

The Heritage Foundation’s Project 2025, a sweeping proposal outlining a far-right vision for the country that overlaps in areas with Trump’s campaign, offers a blueprint. It suggests sending oversight of programs for kids with disabilities and low-income children first to the Department of Health and Human Services, before eventually phasing out the funding and converting it to no-strings-attached grants to states.

Subscribe to Fortune Gulf Brief. Every Tuesday, this new newsletter will deliver clear-eyed, authoritative intelligence on the deals, decisions, policies, and power shifts shaping one of the world’s most consequential regions, written for the people who need to act on it. Sign up here.
About the Author
By The Associated Press
See full bioRight Arrow Button Icon

Latest in Politics

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Politics

Law enforcement authorities are responding to reports of shots fired near White House while Trump was inside
Europegun violence
Law enforcement authorities are responding to reports of shots fired near White House while Trump was inside
By The Associated PressMay 23, 2026
1 hour ago
Ukrainian drone attack causes fire at Russian oil terminal used for exports as Kyiv expands long-range strike capabilities
PoliticsRussia
Ukrainian drone attack causes fire at Russian oil terminal used for exports as Kyiv expands long-range strike capabilities
By The Associated PressMay 23, 2026
1 hour ago
U.S. reaches limit of sanctions power in targeting Iran’s economy
PoliticsIran
U.S. reaches limit of sanctions power in targeting Iran’s economy
By Magdalena Del Valle and BloombergMay 23, 2026
2 hours ago
Trump’s 3,711 trades point to multiple stock-market strategies
InvestingDonald Trump
Trump’s 3,711 trades point to multiple stock-market strategies
By Justina Lee, Vivien Ngo, Elena Popina, Matthew Griffin and BloombergMay 23, 2026
2 hours ago
As U.S.-Iran deal nears, Trump ally warns against creating perception Tehran controls Hormuz — ‘it makes one wonder why the war started to begin with’
PoliticsIran
As U.S.-Iran deal nears, Trump ally warns against creating perception Tehran controls Hormuz — ‘it makes one wonder why the war started to begin with’
By Jason MaMay 23, 2026
2 hours ago
Trump says a deal with Iran that would reopen the Strait of Hormuz has been ‘largely negotiated’
PoliticsIran
Trump says a deal with Iran that would reopen the Strait of Hormuz has been ‘largely negotiated’
By Munir Ahmed, Samy Magdy, Matthew Lee and The Associated PressMay 23, 2026
4 hours ago

Most Popular

Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year
Success
Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year
By Preston ForeMay 21, 2026
2 days ago
Indeed chief economist says we’re entering an era of ‘great mismatch’ thanks to a generational imbalance of workers
Success
Indeed chief economist says we’re entering an era of ‘great mismatch’ thanks to a generational imbalance of workers
By Emma BurleighMay 22, 2026
1 day ago
Apple’s Steve Wozniak says he cofounded the tech giant after 5 rejections from HP—not to ‘make money.’ For years, his paycheck was just $50
Success
Apple’s Steve Wozniak says he cofounded the tech giant after 5 rejections from HP—not to ‘make money.’ For years, his paycheck was just $50
By Preston ForeMay 22, 2026
1 day ago
Microsoft reports are exposing AI's real cost problem: Using the tech is more expensive than paying human employees
AI
Microsoft reports are exposing AI's real cost problem: Using the tech is more expensive than paying human employees
By Jake AngeloMay 22, 2026
1 day ago
Bolt CEO says he let go of his entire HR team for creating problems that didn’t exist: ‘Those problems disappeared when I let them go’ 
Workplace Culture
Bolt CEO says he let go of his entire HR team for creating problems that didn’t exist: ‘Those problems disappeared when I let them go’ 
By Preston ForeMay 19, 2026
4 days ago
Current price of oil as of May 22, 2026
Personal Finance
Current price of oil as of May 22, 2026
By Joseph HostetlerMay 22, 2026
1 day ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.