Birdwatch Note Rating
2023-03-09 21:15:27 UTC - HELPFUL
Rated by Participant: 5E3FF94AE5A279FD5A7AD0D2287D76931AECE44EB968B2C45C00E47D7A846E03
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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