Education Department Slashes Workforce By Nearly 50%; What It Means For Student Loan Borrowers- do you know who will be let go and who gets to stay?

An internal memo, obtained by CNN, ordered that "all Department of Education offices will be closed" Tuesday evening and Wednesday for unspecified "security reasons,” instructing staff to take their laptops and leave by 6 p.m. By Thursday, the agency plans to resume work with a drastically reduced workforce. "Nearly half of the department is expected to be eliminated," sources told ABC News, with reduction in force notices expected to go out at 6 p.m. Eastern Time on Tuesday.