no, i would like to know what happens if my loan is transferred to a new administrator?
All of your loan information will be transferred from your assigned administrator to your new administrator, but you may only be able to view information online that covers the period since your new administrator took over your loans....
And specifically, what do loan managers do?
A loan servicer is a company we assign to handle billing and other services on your federal student loan on our behalf, at no cost to you.