Birdwatch Note Rating
2024-04-09 15:24:51 UTC - HELPFUL
Rated by Participant: FE00FA3B76B44A51F7DB3D0F6EE2EC17AED2A3331900C5AD1E6D15F12E1A7D74
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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