Possible scenario
Collections Proceed
45% Chance
The Trump administration implements wage garnishment and expands the use of private debt collectors after earlier delays. Courts allow the core program to move forward, and the Education Department prioritizes defaulted borrowers with verified payroll records.
Secondary impacts
- Consumer Cyclicals -0.6%
- Business Services +0.5%
- Consumer Services -0.4%
- Finance +0.3%
Tickers
- NNI+4.1%
- MMS+3.6%
- +2.9%
Portfolio impact
S&P 500+0.0%
Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.
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