Birdwatch Note Rating
2024-04-09 19:35:23 UTC - HELPFUL
Rated by Participant: ADB654DF96301BAD7877E90C6F0A36E4897FC71FFFAEF3E03B5F2A5F9025514F
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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