Birdwatch Note Rating
2024-04-09 20:19:13 UTC - HELPFUL
Rated by Participant: 73F496852F17CA9FE1D23AD34BCA7DB15315527E26B9625618EDB4E6306C71FF
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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