Birdwatch Note Rating
2023-03-12 02:26:11 UTC - HELPFUL
Rated by Participant: 735CE5611F5264FE2F168B39682A44DCD6EE4049C3EFC07F6A5E8E13C85D4B88
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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