Student loan payments resuming next month
Student loan repayments are set to resume in October after being paused over three years ago at the start of the COVID-19 pandemic. Carter Evans takes a look at how the resumption will impact Americans.
Student loan repayments are set to resume in October after being paused over three years ago at the start of the COVID-19 pandemic. Carter Evans takes a look at how the resumption will impact Americans.
Federal student loans will start accruing interest for the first time in three years on Friday. Student loan attorney Adam Minsky joins CBS News to help answer questions people may have about payments resuming.
Some borrowers who had enrolled in income-driven repayment plans will start getting their debt discharged this week.
The new income-driven repayment plan could cut borrowers' monthly payments in half, while some could see their monthly payments go down to $0.
Students enrolled in the for-profit school between 2006 and July 1, 2020, will get their debt automatically forgiven.
The Education Department said it will begin notifying borrowers on Friday about the automatic discharge.
The Biden administration is taking steps to forgive billions in student loan debt. It's doing so by making fixes to some repayment plans. The move will automatically forgive $39 billion of educational debt. This comes after the Supreme Court struck down another student debt forgiveness plan just weeks ago. CBS News reporter Natalie Brand has more.
The Supreme Court's decision to strike down President Biden's planned student debt forgiveness program could have wide-ranging impacts on Black women. Consumer researcher Dr. Tanisha Watkins joined CBS News to discuss.
President Biden announced he intends to purse a new student loan forgiveness plan under the Higher Education Act after his original plan was overturned by the Supreme Court. Skyler Henry reports from Washington.
Republican presidential candidates praised recent Supreme Court rulings that struck down affirmative action in college admissions, blocked President Biden's student loan forgiveness plan and ruled in favor of a designer who didn't want to make websites for gay wedding couples. Mr. Biden vowed to find a new way to provide student debt relief. Skyler Henry reports.
The U.S. forgave $757 billion in loans through the Paycheck Protection Program, with most of those benefits going to the wealthy.
About 40 million Americans are no longer eligible for debt relief after the Supreme Court threw out President Biden's student loan forgiveness plan.
Borrowers are now facing double whammy after high court rules against Biden administration's student loan forgiveness program.
The fallout has already begun after the Supreme Court ruled 6-3 that President Biden's student loan forgiveness plan is unlawful. CBS News legal contributor Jessica Levinson, student loan expert Mark Kantrowitz, CBS News chief Washington correspondent Major Garrett and CBS News congressional correspondent Nikole Killion have more.
The Supreme Court ruled 6-3 that President Biden's student loan forgiveness plan is unlawful. Chief Washington correspondent Major Garrett and CBS News correspondent Christina Ruffini have more on how the justices came to that decision.
Millions of Americans will soon need to make payments on their student loans for the first time in more than three years. The payment pause -- which had been sparked by economic worries from the pandemic -- will end in a few months. Sameer Gadkaree, president of the Institute for College Access and Success, joins CBS News to discuss how the resumption of payments will impact borrowers.
Republicans say it's unfair to forgive student-loan debt, and want to limit the amount that some students can borrow.
President Joe Biden vetoed legislation Wednesday that would have repealed his plan to forgive student debt.
Snapchat co-founder Evan Spiegel and his wife Miranda Kerr paid off the student debt for the entire 2022 graduating class of Otis College of Art and Design.
The debt ceiling deal includes a provision to end the pandemic-related federal student loan payment pause
With the cost of a bachelor's degree approaching $90,000 per year at some schools, an associate's program may be more financially feasible — and lucrative.
Initially intended for the well-off, the federal loans have become a last resort for many lower-income families.
The Supreme Court is hearing arguments from six Republican-led states in a case challenging the Biden Administration's federal student loan forgiveness plan. Iowa's Attorney General Brenna Bird is one of the officials leading the charge. She joined "Red and Blue" to discuss what she hopes to gain from the lawsuit.
Mike Pierce, the executive director of the Student Borrower Protection Center, joins CBS News' Lilia Luciano and Lana Zak to discuss the importance of President Biden's student loan forgiveness plan, as the Supreme Court hears arguments on the policy.
Financial future of 40 million Americans hangs in balance as high court weighs Biden plan to forgive up to $20K per borrower.
Jurors in former President Donald Trump's criminal trial in New York are continuing to deliberate a verdict after reviewing portions of testimony.
The initiative would involve Greece and Italy welcoming migrants processed at immigration offices the U.S. set up last year in four Latin American countries.
The court said in a unanimous opinion written by Justice Sonia Sotomayor that the NRA "plausibly alleged" that the New York regulator violated the First Amendment.
The U.S.-led Flintlock operation is meant to help African forces combat terrorism - and African leaders resist "instant gratification" from Moscow.
Palace officials say Princess Kate will sit out the Colonel's Review, but King Charles, still undergoing cancer treatment, will attend a parade later in June.
If convicted on all charges in the attack on Allie Shehorn, actor Nick Pasqual faces a maximum sentence of life in prison, officials said.
Advocates intensify efforts to get conglomerate to stop using chemicals linked to heart disease, diabetes and obesity.
Influencer Stefi Cohen tried to leg sweep a police officer while in handcuffs during her detention, according to the arrest report.
Two climbers were near the 20,000-foot summit of Denali, a mountain in Alaska and North America's tallest peak.
A second case of H5 influenza, also known as bird flu or avian influenza, was detected in another Michigan farmworker, marking the second human case in Michigan, and the third in the country.
Consumer advocates are pushing the conglomerate to stop using chemicals linked to heart disease, diabetes and obesity.
The initiative would involve Greece and Italy welcoming migrants processed at immigration offices the U.S. set up last year in four Latin American countries.
Advanced technology was used to help identify the remains.
The Framus Hootenanny 12-string acoustic guitar was used by the Beatles' John Lennon and George Harrison.
Consumer advocates are pushing the conglomerate to stop using chemicals linked to heart disease, diabetes and obesity.
The health centers' lifeblood is revenue received from Medicaid, the state-federal subsidized health coverage for people with low incomes or disabilities.
Hacking group ShinyHunters claims it breached events giant Ticketmaster and stolen the details of 560 million customers.
A CBS News investigation found concerns over care emerged after a for-profit chain took over some California nursing homes.
Although 8 out of 10 companies say they have lost talent because of their RTO policy, the majority of business leaders support the mandates.
The initiative would involve Greece and Italy welcoming migrants processed at immigration offices the U.S. set up last year in four Latin American countries.
The court said in a unanimous opinion written by Justice Sonia Sotomayor that the NRA "plausibly alleged" that the New York regulator violated the First Amendment.
The Biden administration is sending $900 million in rebates to more than 500 school districts.
Jurors in former President Donald Trump's criminal trial in New York are continuing to deliberate a verdict after reviewing portions of testimony.
The first day of jury deliberations in former President Donald Trump's "hush money" trial ended without a verdict as jurors asked to review several portions of testimony.
A second case of H5 influenza, also known as bird flu or avian influenza, was detected in another Michigan farmworker, marking the second human case in Michigan, and the third in the country.
The health centers' lifeblood is revenue received from Medicaid, the state-federal subsidized health coverage for people with low incomes or disabilities.
Are you aware of the impact food has on your dental health? Dental experts share some tips on food to be aware of and how to protect your teeth from damage.
The steep loss from the top egg-producing state triggered a disaster proclamation from Iowa's governor.
The spread of an avian flu virus in cattle has again brought public health attention to the potential for a global pandemic. Fighting it would depend, for now, on 1940s technology that makes vaccines from hens' eggs.
The U.S.-led Flintlock operation is meant to help African forces combat terrorism - and African leaders resist "instant gratification" from Moscow.
The chairman of South Korea's sprawling SK Group was ordered to pay his wife $1 billion in cash in the country's largest ever divorce settlement.
The initiative would involve Greece and Italy welcoming migrants processed at immigration offices the U.S. set up last year in four Latin American countries.
Palace officials say Princess Kate will sit out the Colonel's Review, but King Charles, still undergoing cancer treatment, will attend a parade later in June.
Lashinda Demus will receive her long-delayed medal in the shadow of the Eiffel Tower.
Palace officials say Princess Kate will sit out the Colonel's Review, but King Charles, still undergoing cancer treatment, will attend a parade later in June.
The Framus Hootenanny 12-string acoustic guitar was used by the Beatles' John Lennon and George Harrison.
"The bride looked gorgeous and Jake is as happy as can be," Jon Bon Jovi said.
Albert S. Ruddy, who won Oscars for "The Godfather" and "Million-Dollar Baby" and helped create TV's "Hogan's Heroes," died Saturday.
A venue issued an apology after actor Richard Dreyfuss made allegedly sexist and homophobic comments at a "Jaws" event on Saturday.
The world's first wooden satellite has been built by Japanese researchers who said their tiny cuboid craft is scheduled to be carried into space on a SpaceX rocket in September.
Some school districts are turning to technology like artificial intelligence to help tackle major bus driver shortages. A school district in Colorado shows how their system could become a model nationwide.
From labor shortages to environmental impacts, farmers are looking to AI to help revolutionize the agriculture industry. One California startup, Farm-ng, is tapping into the power of AI and robotics to perform a wide range of tasks, including seeding, weeding and harvesting.
A severe school bus driver shortage has left many students without reliable transportation but a district in Colorado Springs has found a high-tech solution.
Advocates say the technology, including facial recognition, will lead to improved security and efficiency, but some remain concerned about privacy.
Can the climate crisis be won as temperatures soar, oceans rise and air quality deteriorates? Former presidential candidate Tom Steyer thinks it can. The climate investor joins "America Decides" to discuss his new book "Cheaper, Faster, Better: How We'll Win the Climate War."
The spread of an avian flu virus in cattle has again brought public health attention to the potential for a global pandemic. Fighting it would depend, for now, on 1940s technology that makes vaccines from hens' eggs.
Turbulence on flights has been increasing, and climate change could be one of the reasons why. CBS News senior weather producer David Parkinson explains how the human-caused phenomenon affects the flight path.
One million species worldwide are threatened with extinction, according to the United Nations. One of the reasons is climate change. As dire as it sounds, there are many communities working to protect the Earth and those threatened species.
Shining galaxies, a purple and orange star nursery and a spiral galaxy are among the new images.
A federal grand jury could soon hear from Sean "Diddy" Combs' accusers, according to reports, after Homeland Security agents searched the rap mogul's Los Angeles and Miami area homes in March. CBS News national correspondent Jericka Duncan has more.
If convicted on all charges in the attack on Allie Shehorn, actor Nick Pasqual faces a maximum sentence of life in prison, officials said.
Footage showed Alfredo Cabrera smiling and flanked by fans before he was shot several times. Officials said "the alleged assailant was killed at the scene."
Influencer Stefi Cohen tried to leg sweep a police officer while in handcuffs during her detention, according to the arrest report.
A Michigan man appearing virtually in a Washtenaw County court hearing earlier this month was ordered by a judge to turn himself in after his camera showed him actively driving under a suspended license.
Scientists used decades-old images to track changes on the planet's surface.
Engineers are confident the leak will not worsen in flight, and even if it does, the Starliner can safely launch June 1.
The orbits of six planets will bring them to the same side of the sun to create a "planetary parade" in early June.
Shining galaxies, a purple and orange star nursery and a spiral galaxy are among the new images.
NASA managers have ordered additional reviews of a small helium leak in Boeing's Starliner spacecraft to make sure it can be safely launched as is.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
The Illinois mom wrote, "If something ever happens to me, please make sure the number one person of interest is Tim." Take a look at the evidence that led to Tim Bliefnick's arrest.
Forrest Fenn hid a treasure somewhere in the Rocky Mountains. Five men died searching for it.
An anonymous letter writer terrorizes a small town, threatening to expose their rumored dark secrets.
A look back at the hallowed career of the indie "B-movie" filmmaker, known for exploitation films, monster flicks, and some bizarre movie posters.
The jury in former President Donald Trump's "hush money" trial is on its second day of deliberations. Jurors are reviewing testimony by Trump's former attorney Michael Cohen and former National Enquirer publisher David Pecker. CBS News' Robert Costa and criminal defense attorney Caroline Polisi have more.
President Biden and Vice President Harris launched their Black voter outreach initiative as the two continue to try to woo Black voters and draw a contrast between themselves and former President Donald Trump. CBS News senior White House and political correspondent Ed O'Keefe has the latest on the campaigns.
A federal grand jury could soon hear from Sean "Diddy" Combs' accusers, according to reports, after Homeland Security agents searched the rap mogul's Los Angeles and Miami area homes in March. CBS News national correspondent Jericka Duncan has more.
The jurors in former President Donald Trump's New York criminal trial have resumed deliberations after being reread portions of Michael Cohen and David Pecker's testimony as well as parts of the judge's instructions. CBS News national correspondent Errol Barnett has more.
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