i would bet a nickel that some of you out there have got some student loan debt watching this program right now. imagine waking up one morning and finding out your student loan debt has been wiped clean. that dream could soon be reality for tens of thousands of former college students. their private student loans might be forgiven all because of, get this, a paperwork error. at least $5 billion worth of private student loans are right now in dispute. creditors have bought more than brought, irn should say more than 800 lawsuits but the it is up to these lenders to prove ownership of the defaulted loans and borrowers are essentially now off the hook. joining me now is the new york times consumer finance reporter stacy kelly. this is a crazy story. it was a wild one when we started digging into it. how did it happen. we started digging into this because we saw this securitizations, these process