Market
Will Biden's administration take legal action against Trump's rescission of student loan forgiveness by April 30, 2025?
4
Resolution / Starting Odds
Yes • 50%
No • 50%
Official statements or court filings from the Biden administration
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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Yes • 50%
No • 50%
No clear stance announced • 25%
Continuation of Biden's policies • 25%
Partial modification of Biden's policies • 25%
Complete reversal of Biden's policies • 25%
No • 50%
Yes • 50%
Yes • 50%
No • 50%
Less than $200 billion • 25%
More than $300 billion • 25%
$250 billion to $300 billion • 25%
$200 billion to $250 billion • 25%