US weighs selling parts of $1.6 trillion federal student loan portfolio, Politico reports

U.S. President Donald Trump signs an executive order in the Oval Office of the White House

(Reuters) -U.S. President Donald Trump’s administration is mulling options to sell off parts of the federal government’s $1.6 trillion student loan portfolio to the private market, Politico reported on Tuesday, citing three people familiar with the matter.

Reuters could not immediately verify the report.

(Reporting by Yazhini MV in Bengaluru; Editing by Aidan Lewis)