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CNN CNN Newsroom July 6, 2024 - Vimarsana News

CNN CNN Newsroom July 6, 2024

program, a ruling that will impact millions of people, one of the court's most influential cases this term with implications beyond the student loan issue. the plaintiffs which include six republican-led states, two borrowers who do not qualify for this program, are challenging the legality of the plan which would cancel up to $20,000 in debt for some borrowers. >> so just to give you an idea of the scope here, outstanding student loan debt in this country is more than $1.7 trillion. the vast majority of that, we're talking more than 90%, is from federal student loans and those are t...

CNN CNN Newsroom June 4, 2024 14:04:00 - Vimarsana News

CNN CNN Newsroom June 4, 2024 14:04:00

I hadn't secured a job at that point and so for me it felt really impossible. >> reporter: graduating from college in 2019, she has nearly $30,000 in student loan debt. when the pandemic hit repayments were paused. she could now contribute to household costs for the home she shares with her parents. when the biden administration extended the pause this past august, multiple lawsuits followed. the program was halted and is now before the supreme court, leaving her in limbo. >> my family would be eligible for up to $50,000 of student loan cancellation. so as a whole family, that's huge. >> repor...