Birdwatch Note Rating
2023-06-02 18:06:53 UTC - HELPFUL
Rated by Participant: FC0588D93AA2B3619D9B2D695A5D11EE86BB793569861956F42CE39699C6A138
Participant Details
Original Note:
Student loans are assets owned by creditors such as private banks or (primarily) the federal government. https://www.investopedia.com/articles/personal-finance/081216/who-actually-owns-student-loan-debt.asp According to a 2020 Treasury Department report, the federal government owns $1.6 trillion worth of loans, the majority of which are student loans. https://fiscal.treasury.gov/files/reports-statements/financial-report/2020/fr-03-25-2021-%28final%29.pdf
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