Fox Dope Offers Dumbest AOC Criticism You've Ever Heard | The Kyle Kulinski Show
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The date when student loan repayments resume is approaching—fast. On Feb. 1, 2022, the 43 million borrowers who have student loan debt will be on the hook to make payments after nearly two years of having the option to do so. Amid the debate about the length of the student loan forbearance period, some Democrats have continued to push for more lasting change to curb the student debt crisis.
Namely Democrats, including Senate Majority Leader Chuck Schumer, Sen. Elizabeth Warren, and Rep. Alexandria Ocasio-Cortez, want to see outright mass cancellation of student loan debt through executive order by the Biden administration.
“There is an enormous amount of executive action that they’re sitting on that I think is underutilized [on student loans],” Ocasio-Cortez told the New York Times last week.
Ocasio-Cortez is a cosponsor of H. Res. 100, a resolution “calling on the President of the United States to take executive action to broadly cancel Federal student loan debt.” She has also cosponsored the Student Loan Forgiveness for Frontline Health Workers Act and Student Debt Emergency Relief Act, both of which were introduced but not acted upon.
The problem is that President Joe Biden and other Democrats, including Speaker of the House Nancy Pelosi, don’t think that an executive order will get the job done.
“I don’t think I have the authority to do it by signing [an executive order],” Biden said during a CNN town hall on Feb. 17, 2021. Pelosi agrees with Biden, saying that this type of debt cancellation could be accomplished only by an act of Congress.
https://fortune.com/education/business/articles/2021/11/29/aoc-presses-biden-to-use-executive-power-to-wipe-out-student-loan-debt/
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