AOC Insists Joe Biden Can Forgive Student Loans by Executive Order Despite Constitutional Questions

  • Date: 25-Nov-2020
  • Source: Newsweek
  • Sector:Economy
  • Country:Middle East
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AOC Insists Joe Biden Can Forgive Student Loans by Executive Order Despite Constitutional Questions

Representative Alexandria Ocasio-Cortez wants President-elect Joe Biden to forgive student loans through an executive order when he takes office early next year, though there are constitutional questions around his powers to do so.Biden has not said he will cancel student loan debt. During the presidential campaign, his proposal was to cancel up to $10,000 of student loan debts but this would not apply to all borrowers and may not cover private loans. He is now under pressure to go further.In two short Instagram videos on Tuesday, the New York Democrat said it was possible to relieve students of loan debt and she suggested there may not be a limit to the amount forgiven. "No, it is not a pipe dream at all," Ocasio-Cortez said in response to a question."And most importantly is that it can be done by executive order, which means Biden would not need [Senate Majority Leader] Mitch McConnell or the Republican Senate to forgive people's student loans.""The key is that we need to push him," she said.In a second video, Ocasio-Cortez addressed whether all student loans would be forgiven or just certain amounts."It really depends," she said. "The easiest and fastest type of loans to forgive right