President Joe Biden wrongly said that he got student debt forgiveness “passed by a vote or two.” There was no vote. Biden simply announced that the Department of Education would provide debt relief, and the plan is facing a legal challenge.
The White House announced on Aug. 24 that President Joe Biden will take action this year to cancel thousands of dollars in federal student loan debt for millions of Americans, fulfilling a campaign promise he made during the 2020 election cycle. We answer some of the questions readers may have about the debt relief plan, and address political claims about the impact of the plan.
In a press conference in which they called on President Biden to use his executive authority to cancel up to $50,000 in federal student loan debt for individuals, Senate Majority Leader Chuck Schumer and Democratic Sen. Elizabeth Warren misstated a racial disparity statistic.
Several candidates twisted the facts on health care, student loan debt, President Trump and more.
A TV ad from Democrat Ralph Northam strains to portray Republican Ed Gillespie as a lobbyist who sold out workers by fighting “to give billions to Wall Street banks.”
This FlackCheck.org video summarizes our May 7 story “Fiorina Misleads on Student Loans.” Carly Fiorina, a Republican presidential candidate, claimed that the government had “nationalized” the college loan industry.
Republican presidential candidate Carly Fiorina gave a misleading description of the options available for college students who need loans to pay for their education.
Arkansas Rep. Tom Cotton mischaracterizes the Affordable Care Act’s impact on student loans, and a teachers union stretches Cotton’s voting record on the issue.
President Obama misrepresented the position of Republican Rep. Virginia Foxx on college debt. The president quoted Foxx as saying that she had “very little tolerance for people who tell me they graduate with debt.” But Foxx was speaking explicitly about those with very large amounts of debt, a fact that Obama omitted and that changes the meaning of the North Carolina congresswoman’s statement.
The sin of omission was in Obama’s speech in Boulder, Colo., as the president pushed for the extension of current federal student loan interest rates.
Q: Is it true that members of Congress, their staffers and their family members do not have to pay back their student loans?
A: Not true. Some congressional employees are eligible to have up to $60,000 of student loans repaid after several years — just like other federal workers. But that’s not the case for members of Congress or their families.