Will Trump Abolish the Department of Education? Expert Weighs In
Fox BusinessApril 5, 20254 min40,329 views
15 connectionsΒ·22 entities in this videoβAbolishing the Department of Education
- π― President Trump intends to eliminate the Department of Education and return educational control to the state and local levels.
- π‘ The goal is to empower local school boards, governors, teachers, and parents to have more say in children's education, fostering teacher innovation.
- π Legislation will be required to abolish the department, but steps are already being taken to redirect funds and encourage flexibility.
School Choice and Parent-Directed Funding
- π The Department of Education is working to push grant monies down to states with more flexibility for parent-directed funding of programs like Title One and IDEA.
- π° States are accountable to voters for how these funds are allocated, regardless of political leaning.
- π School choice migration is increasing, with states like Florida offering significant per-student funding for private school enrollment.
- β Florida has seen over 500,000 students participate in its school choice program, with nearly 400,000 applications for the upcoming fall.
Expansion of School Choice Programs
- π Thirteen states have adopted universal school choice, with others offering similar programs; Texas is set to implement a large program with over a billion dollars.
- π‘ The popularity of school choice is high, though awareness among parents and the need for more private school capacity are factors limiting even greater expansion.
- πΈ When a student moves to a private school via school choice, the allocated funds follow the student, impacting public school funding.
Student Loans and the Small Business Administration
- β οΈ The student loan situation is described as a "total mess," with one in five borrowers 90 days or more past due.
- π¦ The idea of the Small Business Administration (SBA) handling student loans is being explored, leveraging its existing loan portfolio management structure.
- π€ The SBA's model, which involves government backing for private lenders, could offer more flexible terms for student loans and encourage private sector involvement.
- π Government involvement in student loans is seen as a contributor to inflation in college rates, necessitating a fix involving private lenders and potentially the Treasury or SBA instead of the Department of Education.
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Whatβs Discussed
Department of EducationDonald TrumpSchool ChoiceState Control of EducationParental RightsTeacher InnovationParent-Directed FundingTitle OneIDEAStudent LoansSmall Business Administration (SBA)Private Sector InvolvementEducation FundingFlorida School Choice
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