Birdwatch Note Rating
2023-03-09 21:17:20 UTC - NOT_HELPFUL
Rated by Participant: 45060ED935D102E05C21C743FE433C0B17B27D8FCF69CED01A2AD3F9AB2815B1
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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