More than 40 House Democrats and several prominent senators urged the Education and Treasury departments to abandon reported talks to sell portions of the federal student‑loan portfolio to private investors, warning the move could strip borrowers of legal protections and cost taxpayers. The letter cites a Politico report that senior officials have discussed partial sales of “high‑performing” loans and engaged potential buyers and consultants. Signers including Sens. Elizabeth Warren and Ron Wyden demanded details on any discussions and warned that federal law requires protections for borrowers to travel with loans even after an asset sale. They also noted a 1998 statute allowing sales only if the government is made whole, which they argued has prevented prior administrations from pursuing broad transfers. Higher‑education finance officials and consumer advocates worry that a sale could complicate borrower relief, change servicing terms, and introduce private‑market incentives that conflict with long‑standing federal student‑aid rules. The departments have not publicly confirmed plans and did not respond to requests for comment.