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CNN CNN Newsroom July 6, 2024

trillion is where it stands now. and students who do not qualify for the specific program say it is not legal. so far, 26 million have applied for relief and 16 million approved. when the legal challenges put it on hold. and so, we will break it down and speak to a student who says that there is a clear racials a speblgt racial aspect to this as well. we go to jessica outside of the courtroom, and this is a real life impact for millions of borrowers and their families. tell us about this? yes, jim. there are practical ramifications. practical, there are 26 million borrowers who have applied for the program, and 10 million of them have already been approved. but after they appliedyied and approved, lower courts knocked it down. so if this is not approved, then they will not have been approved. but if it is approves the program, then those students will be eligible for that debt relief 60 days from when the decision comes by. but the biden administration says they h ....

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CNN CNN Newsroom June 4, 2024 15:03:00

Increases, and then also blocked another ruling for other mortgages. so this is a court that is skeptical of agency power. so another, and this is one argument here that the biden administration will make, but another argument that is going to be made is technical, and it revolves if the six republican states suing, and two individual students, whether they have even the power to bring the lawsuit, and that is theed a argument t that is the argument that the biden administration is banking on, because if they believe that they don t have the standing to bring this lawsuit, then it will be knocked out, and they can go forward. so we have borrower s advocates rallying behind me, because they are in limbo if $20,000 will be forgiven. many of them have been approved and now it has been ....

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