Birdwatch Note Rating
2024-04-09 18:37:21 UTC - HELPFUL
Rated by Participant: 0EC040EBCC10447E64E90F555D957B3A69F9A6CD9394D04A3E165F8FBD4F7348
Participant Details
Original Note:
Banks stopped managing student loans in 2010. The Health Care and Education Reconciliation Act required all federal student loans to be offered directly by the government effectively eliminating the role of banks and private institutions in the federal student loan process. https://en.wikipedia.org/wiki/Federal_Direct_Student_Loan_Program
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