Market
How will student loan repayment rates be impacted by attempted rescission by December 31, 2025?
3
Resolution / Starting Odds
Increase in repayment rates • 25%
Decrease in repayment rates • 25%
No significant change • 25%
Data not available • 25%
Reports from the Department of Education or financial institutions
Story
Trump to Rescind Biden's Student Loan Forgiveness Program
Dec 1, 2024, 05:33 PM
President-elect Donald Trump plans to swiftly rescind the Biden administration's student loan forgiveness program upon taking office, according to a report by Politico. The move would effectively reverse one of President Joe Biden's key policy initiatives aimed at providing financial relief to millions of student loan borrowers. Trump has described the program as unconstitutional, signaling his intent to unwind it immediately after assuming office.
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Similar markets
Yes • 50%
No • 50%
More than 300,000 • 25%
Less than 100,000 • 25%
100,000 to 200,000 • 25%
200,001 to 300,000 • 25%
No clear stance announced • 25%
Complete reversal of Biden's policies • 25%
Partial modification of Biden's policies • 25%
Continuation of Biden's policies • 25%
Other • 25%
Borrowers with private loans • 25%
Borrowers in specific professions • 25%
Borrowers with loans from specific schools • 25%
Yes • 50%
No • 50%
$250 billion to $300 billion • 25%
$200 billion to $250 billion • 25%
Less than $200 billion • 25%
More than $300 billion • 25%
