Department of Education under Trump just took its 'largest' step closer to shutting down

The Department of Education (ED) just took a big step closer to shutting down.

The Trump administration announced on Thursday an interagency agreement between the ED and the Treasury to move student lending operations to the Treasury, which will "assume operational responsibility for collecting on defaulted Federal student loan debt and provide operational support to ED’s efforts to return borrowers to repayment," the ED said in a release. 

"I think we've been very clear about this...