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Can Student Loan Debt Be Canceled by a President’s Executive Order?

Can Student Loan Debt Be Canceled by a President’s Executive Order?

Many Democrats, including Senators Chuck Schumer and Elizabeth Warren, are pressuring President Joe Biden to use an executive order to cancel thousands of dollars of student debt. CCRC Senior Research Scholar Judith Scott-Clayton told PolitiFact that the more ambitiously Biden uses his power to take action, the more likely he is to prompt legal challenges.

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