After President Biden announced in August 2022 his plan to forgive up to $20,000 of federal student loan debt, various groups filed lawsuits to stop it, including the states of Nebraska, Missouri, Arkansas, Iowa, Kansas, and South Carolina (Respondents) (Whitehouse.gov, Lincoln Journal Star). Respondents were granted an injunction to prevent the plan from proceeding, eventually leading to the Supreme Court to agree to hear the case on its merits this term (CNBC, CNET, SCOTUSblog). The Supreme Court is expected to hand down its decision in its 2022 term, but if it does not, the question will close as "No." If the Court decides this case without addressing this question's particular issue of law, the question will close as "No."

Confused? Check our FAQ or ask us for help. To learn more about Good Judgment and Superforecasting, click here.

To learn more about how you can become a Superforecaster, see here. For other posts from our Insights blog, click here.