Birdwatch Note Rating
2024-04-10 03:17:51 UTC - HELPFUL
Rated by Participant: 934D8B2A9323F8818E9D57BA41FAB7DA9363CB1114645B887BE2CC30F85E23E9
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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