Birdwatch Note Rating
2023-03-10 03:55:22 UTC - HELPFUL
Rated by Participant: 29B69209ED3BE541515DB61E249E55794D52483F98B39D5F57996AD30B92B4F8
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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