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Market
Percentage of Borrowers Receiving Forgiveness by End of 2024?
3
Resolution / Starting Odds
0-25% • 25%
26-50% • 25%
51-75% • 25%
76-100% • 25%
Data from the U.S. Department of Education or credible financial analysis reports
Story
Judge Randal Hall Allows Biden's Student Loan Forgiveness to Proceed, Affecting Tens of Millions
Oct 3, 2024, 03:40 PM
A federal judge, U.S. District Judge Randal Hall, has allowed the Biden administration to proceed with its sweeping student loan forgiveness plan by letting a temporary restraining order expire on Thursday. The decision is a setback for the legal challenge brought by seven Republican-led states seeking to block the plan. The judge, a George W. Bush appointee, ruled that the administration can move forward, potentially delivering relief to tens of millions of American borrowers. The case will now be transferred to the U.S. District Court for the Eastern District of Missouri.
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