Birdwatch Note Rating
2024-04-09 22:37:46 UTC - HELPFUL
Rated by Participant: 1CF12195026CF8FEE3D345C8FC754007BB7D2E2984E83A6AB8C4CC30539EFE97
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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