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View Full Interview. The Legislative Branch is the only part of the government that can  authorize the borrowing of money. The Executive Branch can request  the money be borrowed but cannot authâ¦orize it. Avid political scientist with a strong focus on US History, including the political & military aspects of the US Civil War.
So how do you borrow responsibly while still getting the money you need? First, letâs take a look at the different kind of student loans. How much student loans can I get? Federal student loans. The first type of loan that students should consider is federal loans.