Birdwatch Note Rating
2023-03-11 23:06:34 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 959C165EC37A9318F088F21ED4E7DEF09A8E4DC765A53F7F64C77595ADA32409
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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