Birdwatch Note Rating
2024-04-09 16:15:10 UTC - HELPFUL
Rated by Participant: F76B1C46734E2AED3F0AAC9996DA19006DD97D9E8445F2D2F9F30221F42D0856
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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