Birdwatch Note Rating
2024-04-10 03:48:10 UTC - HELPFUL
Rated by Participant: 35C4D123A873E4B003DB1C5D492CC9688873EE5BFBBA01ABABB9C72D884B4902
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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