Birdwatch Note Rating
2024-04-09 23:54:48 UTC - HELPFUL
Rated by Participant: 5E3962A98319A462377CC975B8F451D8C7084B4C2EC85343FA3E05637FFFAB0D
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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