Birdwatch Note Rating
2024-04-10 01:16:22 UTC - HELPFUL
Rated by Participant: 3E6D5B9A46D73D94871F0A779BA339C7539FC9B2DB3416ED72429781020791F0
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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