Birdwatch Note Rating
2024-04-10 01:14:10 UTC - HELPFUL
Rated by Participant: EBE8D707A599BD4B9FBF594FF3B71AC962077E08AD5024EEE7FF50DFFF55699E
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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