Birdwatch Note Rating
2024-04-09 15:48:54 UTC - HELPFUL
Rated by Participant: B64F7ED803E8DB8A7CFBBAA3D5416BB2DE46E48E4608433EB4AA807C2931D001
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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