Birdwatch Note Rating
2023-03-10 19:53:26 UTC - HELPFUL
Rated by Participant: 9C053B9C35CB5435320126E54A7C149DEC1AC8777447A33F2A439F00E7A1D01D
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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