Cardona on Pelosi Saying POTUS Can't Cancel Debt: This Is 'Targeted' and Loans Were Paused Before

On Tuesday's broadcast of "CNN This Morning," Education Secretary Miguel Cardona responded to statements by President Joe Biden that he can't write off $50,000 of student loan debt unilaterally and then-House Speaker Rep. Nancy Pelosi (D-CA) in 2021 that the President can't unilaterally write off student loan debt by stating that the President is engaging in "targeted relief" because "90% of the dollars in this benefit would go to people making under $75,000. So, it's not a wholesale cancellation of loans." And "the last administration used the same authority to pause student loans."