What's at stake as the Supreme Court weighs student loan debt forgiveness

Student loan debt has ballooned to over $1.6 trillion with more than 45 million borrowers. A third of borrowers never attain a degree and the weight of this debt can be crushing to Americans. President Joe Biden fulfilled his campaign promise by forgiving a portion of student loans for borrowers. After launching the application, courts blocked the continuation of the plan due to opposing cases from republicans, states and individuals. The Supreme Court heard the case and now borrowers are awaiting the decision.