Birdwatch Note Rating
2023-03-09 21:14:01 UTC - HELPFUL
Rated by Participant: D43A24BB9942E7B4E0094871D1D29247095EE8D68B3C3E43C0955F41B688AB73
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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