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help the u.s. wean off of foreign oil. >> the economics that a project like this would bring into the region mainly to the north slope borough in the form of taxes to help provide and maintain first-world conditions. >> meantime, the arctic is warming four times faster than anywhere else on the planet due to climate change. >> we cannot keep drilling for new fossil fuels if we want to address climate change. >> renee marsh, thanks so much for that. it is selection sunday, the day college basketball fans have been waiting for to find out which teams will make it to the march madness brackets. a preview straight ahead.

The latest news and information from around the world with Fredricka Whitfield.

americans, but it was put on hold by lower courts before any forgiveness was granted. now it is facing legal challenges from two different groups. cnn's renee marsh joins me now live. good morning, renee marsh. is there any indication that anxious borrowers can expect a ruling? >> yeah, that's what everyone is going to be waiting for. good morning, don. we know that today is justices will hear these arguments, but we likely won't get the ruling until late june, early july. that's when the justices usually release their rulings. but just in about another hour or so, we do expect to see borrowers and advocates from around the country outside of the court because which ever way the court rules this case will undoubtedly affect their personal finances. >> on board my flight headed to d.c. for the people's rally for student debt cancellation. >> reporter: 25-year-old sabrina traveled from new york to washington, d.c. to rally outside the supreme court when justices will hear oral

and then enter retirement on a good note. but instead, i'm back in the hole again. so i'm just surviving as i go. >> reporter: he says despite the government garnishing 15% of his social security disability payments for the loan he defaulted on, interest and fees made it impossible for him to put a dent in the principal. while the loan forgiveness program would help people like hamilton, that vet that you saw in the piece there, he says he still can't ignore the harms that his debt has caused over the last 40 years. he has really bad credit, never been able to buy a home, has not been able to provide for his children the way he wanted to. so don, even if he gets the good news at his age, almost the damage has been done for him. >> rene marsh, thank you for that. appreciate that. >> sure. >> that reporting with uz great and nebraska's attorney general will be arguing on behalf of the

loan debt. word i keep on hearing out here is generational wealth. very clear in spending time amongst the people in the crowd they understand this is not just about the student loans itself. it is about the repercussions on life, financial freedom years to come. spoke to people who traveled hundreds of miles to be here. people who camped outside of the court overnight to make sure they had a spot here because they understand that impact. the impact it will have on them, on their children, and again for years to come, john. >> renee marsh outside the court, we'll wait months for the decision, jess, as well. steve phil, kim, and rhonda of "washington post," interesting to hear justice gorsuch talking about the fairness argument.

125,000 and up to 20,000 who get pel grants. today nine justices hearing two cases, one is a challenge from six republican-led state who is want to block biden's executive actions they say administration exceeded constitutional authority here. second case two individual borrowers suing because they are not eligible for debt relief. renee marsh outside the court jess, what are we learning. >> john, we are seeing a lot of push back from conservative justices. pointing to the price tag of this program, more than 400 billion dollars and questioning authority to even implement this program. that is the big question in this case. whether the president has the power to implement sweeping debt relief. solicitor general arguing, saying yes, under something

supreme court might strike down the program. all of these loan payments have been on pause in the meantime. biden administration says if they are to go back into effect and loan forgiveness program not put back into effect those would be due 60 days after a decision in this case likely end of june. >> likely end of june. wait for the final word, jessica, appreciate you setting that up. let's get outside the court. crowds, hundreds rallying in favor of debt relief. renee, what are you seeing? >> i will tell you a lot of the people who hold the student loans feel like they are in a state of limbo as this all works itself out and works its way through the nation's highest court. in the crowd we have students, graduates, advocates, all of whom are rallying around this issue of forgiveness of student

say that they are not eligible for any of this debt relief. so, abby, a lot on the line here for millions and millions of student loan borrowers, who are really waiting for the supreme court to act here, to determine if that debt will, in fact, be relieved. abby? >> yes, exactly. so much on the line. and to that exact point, renee, you've been covering the rallies outside of the court today. what has been the reaction among the protesters gathered there to all of this? >> reporter: yeah, you know, as jessica put it, abby, a lot of people in limbo at this point. outside of the supreme court today, we saw students, we saw, you know, student loan borrowers. we also saw advocates, all with the same shared story of basically drowning in debt. we heard lots of different stories out here from the 25-year-old living in new york city with her parents, afraid that she may never realize the american dream of financial freedom or home ownershipship, because of her college debt, to