following all of this for us. thank you. top of a brand-new hour on cnn newsroom. good to have you. i m victor blackwell. i ll bianna golodryga. the supreme court just finished hearing oral arguments in two cases challenging president biden s student loan forgiveness plan. the decision could affect 40 million borrowers. the program, which would provide up to $20,000 of debt forgiveness has been on hold after a lower court blocked it back in november. conservatives challenging the program argue it will have widespread economic repercussions. the congressional budget office estimated it will cost $400 billion over time, but justice ketanji brown jackson argued one of the largest servicers of student loans, mohela in missouri, is not a government entity. in fact, isn t that really as you say the most important thing if economic injury is the point? yes. i understood that the injury that was being asserted here was an economic injury, but if we look at mohela and we
And a basic promise. A nation that rewards the effort and determination of every single american. So the least among us shall have an equal chance to achieve the greatest things. And the doors of Higher Education will be open to all. No matter what your circumstances or where you are, you are part of the life of our great nation. Its one thing all our president s agree on, each in their own unique way. [patriotic music winds down] have a good life. We will see you soon. And to get that good life, all we had to do was follow the Instruction Manual on how to do the right thing. Study hard, be nice to your brother. Get him go to college, graduate, and voila, achieve the American Dream. But at some point. [clattering] the us economy shrinking. Theyre not getting married. Theyre not getting homes. Theyre not getting jobs. Weve been looking at 40 years of flat wages. Those doors to opportunity got harder to open. [light laughter] this is a big one staggering debt from Student Loans. Today, t
[patriotic music] - america. [crowd chatter] land of opportunity. and a basic promise. - a nation that rewards the effort and determination of every single american. - so the least among us shall have an equal chance to achieve the greatest things. - and the doors of higher education will be open to all. - no matter what your circumstances or where you are, you are part of the life of our great nation. - it s one thing all our presidents agree on, each in their own unique way. [patriotic music winds down] - have a good life. we will see you soon. - and to get that good life, all we had to do was follow the instruction manual on how to do the right thing. study hard, be nice to your brother. - get him! - go to college, graduate, and voila, achieve the american dream. but at some point. [clattering] - the us economy shrinking. - they re not getting married. they re not getting homes. they re not getting jobs. - we ve been looking at 40 years of flat wages. - those doors to op
and a basic promise. - a nation that rewards the effort and determination of every single american. - so the least among us shall have an equal chance to achieve the greatest things. - and the doors of higher education will be open to all. - no matter what your circumstances or where you are, you are part of the life of our great nation. - it s one thing all our presidents agree on, each in their own unique way. [patriotic music winds down] - have a good life. we will see you soon. - and to get that good life, all we had to do was follow the instruction manual on how to do the right thing. study hard, be nice to your brother. - get him! - go to college, graduate, and voila, achieve the american dream. but at some point. [clattering] - the us economy shrinking. - they re not getting married. they re not getting homes. they re not getting jobs. - we ve been looking at 40 years of flat wages. - those doors to opportunity got harder to open. [light laughter] - this is a big one
and a basic promise. - a nation that rewards the effort and determination of every single american. - so the least among us shall have an equal chance to achieve the greatest things. - and the doors of higher education will be open to all. - no matter what your circumstances or where you are, you are part of the life of our great nation. - it s one thing all our presidents agree on, each in their own unique way. [patriotic music winds down] - have a good life. we will see you soon. - and to get that good life, all we had to do was follow the instruction manual on how to do the right thing. study hard, be nice to your brother. - get him! - go to college, graduate, and voila, achieve the american dream. but at some point. [clattering] - the us economy shrinking. - they re not getting married. they re not getting homes. they re not getting jobs. - we ve been looking at 40 years of flat wages. - those doors to opportunity got harder to open. [light laughter] - this is a big one