A list of laid-off staff obtained and verified by AP shows more than 300 people cut from Federal Student Aid — two dozen of them from Federal Student Aid’s technology division. That included the entir

That description of the Education Department is "a red herring," said Mayotte. "If the Education Department was eliminated tomorrow, the loans would not go away, they would only be sent to a different agency. The department doesn't own the loans, the federal government and the U.S. taxpayer do," she said.