Literally no one:
Pelosi: ‘Biden can’t cancel student debt’.
John Iadarola and Abelina Sabrina break it down on The Damage Report.
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“Sen. Minority Leader Chuck Schumer continues to put pressure on President-elect Joe Biden to forgive up to $50,000 in student debt per borrower on the first day of his presidency.
“We have come to the conclusion that President Biden can undo this debt, can forgive $50,000 of debt the first day he becomes president,” Schumer said on Monday outside his office in Midtown Manhattan. “You don’t need Congress; All you need is the flick of a pen.”
More than 40 million Americans have a lot riding on the answer of whether or not a president can forgive student debt without Congress. Borrowers could see their debts reduced or eliminated overnight if the president was able to act without legislation. Getting Congress to agree to forgive the loans, on the other hand, is not likely to occur any time soon, if ever.”
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