Birdwatch Note Rating
2023-03-14 12:48:49 UTC - HELPFUL
Rated by Participant: 01FAF8FE2E9562B2C9919AB28DA05C141846645F1CF86DDE90A4D6C05E3154B8
Participant Details
Original Note:
The President does not have the legal authority to forgive student loans on his own. Only Congress has the power of the purse. Executive action can be used only when it has been specifically authorized by Congress. https://thecollegeinvestor.com/35892/is-student-loan-forgiveness-by-executive-order-legal/ Pelosi said that Biden does not have the legal authority. https://thehill.com/policy/finance/565297-pelosi-disputes-bidens-power-to-forgive-student-loans/
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