Birdwatch Note Rating
2024-04-09 15:43:22 UTC - HELPFUL
Rated by Participant: A1FD137CF2B26AFD4E02D342AD3F565408E26F3ED17ED7129E0D0FA88B435874
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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