The first question that went through my mind when I saw in the news that there is a bill pending in Congress to terminate the Department of Education:
What will happen to my student loans?
Here is a link to the bill that was introduced by Representative Thomas Massie (R-Kentucky). The Congress.gov website does not have the text of the bill available yet. But, a local news outlet reported that this Republican sponsored bill proposes termination of the Department of Education on December 31, 2018. The article goes further to explain the past history of legislators trying to dismantle the Department of Education with little success.