Student loan forgiveness (SCOTUS)?
Student loan forgiveness (SCOTUS)?
Order book
No
Market Rules
Allows
If, in Biden v. Nebraska, the Supreme Court vacates or otherwise lifts the injunction placed by the Eighth Circuit enjoining the United States Secretary of Education from implementing its plan to discharge student loan debt under the Higher Education Relief Opportunities for Students Act of 2003, then the market resolves to Yes.Outcome verified from Supreme Court.
A ruling that narrows the injunction to specific states, including the plaintiff states, would not be encompassed in the Payout Criterion. A ruling that otherwise prohibits the Secretary of Education’s plan to discharge student loan debt under the HEROES Act–either on statutory, constitutional, or other grounds–would likewise not be encompassed in the Payout Criterion. Any ruling on the Biden administration’s modification to income-driven repayment plans does not affect the Payout Criterion.
Timeline and payout
Market openJan 28, 2023 · 10:00am EST
Market closedJul 3, 2023 · 5:28pm EDT
Paid outDec 31, 2024 · 12:00pm EST
SeriesKXBIDENVNEBRASKA
EventBIDENVNEBRASKA
MarketBIDENVNEBRASKA-24DEC31
Insider trading is prohibited
The following are prohibited from trading this contract:
- Persons who are employed by any of the Source Agencies are not permitted to trade on the Contract.
- Persons who hold any material, non-public information on the Underlying are not permitted to trade on the Contract.
Allows
Odds
0% chanceMax payout