Birdwatch Note Rating
2023-03-09 21:06:13 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 7DA9B13332C5DA15971A1813C5D78D6488A3682B18277B08F6B376B8682C5487
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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