“Joe Biden's student debt forgiveness plan is a "bailout for rich kids.”
American Action Network
Conservative advocacy organization. An ad. Claim dated 26 Aug 2022.
PolitiFact rated thisMostly False
What PolitiFact found
The vast majority of the student loan debt relief will go to Americans on the lower end of the income scale. By one independent estimate, 75% of the relief will go to households in the bottom 60% by income.
Their words, from the summary they publish with the rating.
In short
American Action Network (Conservative advocacy organization) made this claim around 26 August 2022. PolitiFact (United States) looked into it and published its finding on 31 August 2022, 5 days later. Its rating was “Mostly False”.
Where the claim appeared
- YouTube videohttps://www.youtube.com/watch?v=GEA72wFG6o4
Links recorded by PolitiFact. Some posts may have been deleted since.
This check was done by PolitiFact, not by DoesItStand. We list it so you can find it. Their full evidence and reasoning are in their article.
Related checks
- FactCheck.org: False“I got student debt forgiveness “passed by a vote or two.”