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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 ....
yes. i understood that the injury that was being asserted here was an economic injury, but if we look at mohela and we see that its financial interests are totally disentangled from the state, it stands alone, it is incorporated separately, the state is not liable for anything that happens to mohela, i don t know how that could possibly be a reason to say that an injury to mohela should count as an injury to the state. let s bring in cnn s ariane de vogue and rene marsh. we re throwing around an acronym here, mohela, we ll start with you, key takeaways of today s arguments. right, coming out of oral arguments that ended after more than three hours, it was clear to me that this is an uphill battle for biden. i counted five conservative justices who really seemed skeptical of whether or not this plan is legal. ....