Birdwatch Note Rating
2024-04-09 16:12:51 UTC - HELPFUL
Rated by Participant: FD8C8FEDE3AC728DF83E183ADF6BF49D7BADBBAA25E337990000DEC0D99270C0
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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