Speaker Pelosi says that President Biden does not have the power to cancel student debt, in contrast to the belief of Senate Majority Chuck Schumer and Sen. Elizabeth Warren, who are calling on Biden to forgive $50,000 of student debt. Stay Connected Forbes on Facebook: http://fb.com/forbes Forbes Video on Twitter: http://www.twitter.com/forbes Forbes Video on Instagram: http://instagram.com/forbes More From Forbes: http://forbes.com