Birdwatch Note Rating
2024-04-09 20:22:23 UTC - HELPFUL
Rated by Participant: 4768A22959DCD434207868CEAF091BF2BF2B372E9C582FE2DB0C777E128CFC77
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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