Tips for managing student debt for new college graduates
It's college graduation season and new grads will be entering the workforce with many now having to pay off student debt. CBS News Business Analyst Jill Schlesinger has some suggestions.
It's college graduation season and new grads will be entering the workforce with many now having to pay off student debt. CBS News Business Analyst Jill Schlesinger has some suggestions.
President Joe Biden stopped in the battleground state of Wisconsin on Monday to lay out details of his new student loan debt relief plan for millions of Americans.
The White House is helping people who serve the country. They include public service workers like firefighters, nurses, teachers, and more who've been in their jobs for at least a decade.
This latest $4.8 billion in relief brings the grand total of approved debt cancellation by the administration to $132 billion for over 3.6 million Americans.
After a three-year pause, federal student loan payments are set to resume for around 40 million Americans in October. CBS 2 speaks with a local financial expert about the new affordable repayment plan. Jordan Flowers with Wealth Financial Services & Tax Advisory breaks down how to see if you are eligible to apply to the program and other tips for paying off the debt.
After a three-year hiatus, interest on student loans begins piling up again on Friday, with payments due in October.
Last week the Supreme Court struck down the Biden Administration’s plan to cancel $430 billion worth of federal student loans, eliminating $20,000 in student loans for millions of Americans. If you’re wondering what’s next, CBS News Business Analyst Jill Schlesinger has tips on what borrowers can do before loan repayments resume on Oct. 1.
The ruling means 40 million Americans who stood to have thousands of dollars in debt wiped away will now have to pay up.
Federal loan payments have been on hold since the start of the pandemic, but now borrowers will have to resume payments. CBS 2's Charlie De Mar reports.
A sharply divided Supreme Court ruled in a 6-3 decision that the Biden administration overstepped its authority in trying to cancel or reduce student loans. This leaves borrowers on the hook for payments that are expected to resume in October. CBS 2's Marissa Perlman reports.
"We'll use every tool at our disposal to get you the student debt relief you need to reach your dreams," President Biden said.
Many new college grads need to to devise a plan to pay off student debt while also considering their healthcare and retirement investment options. CBS News Business Analyst Jill Schlesinger has some tips.
The ages of the victims range from 17 to 41.
The man pulled out his handgun and fired at the group, who returned to their car and left the scene, police said.
Highs will be in the upper 60s in the morning, followed by lows in the 60s and showers through the afternoon.
Chicago police said the victim, a 43-year-old man, was in front of his home when an argument ensued with three known men who began attacking him.
Chris Pitlik, or Mr. P, is retiring after a storied career as the band director at Shepard High School in Palos Heights.
Former President Donald Trump was found guilty on 34 felony counts in a case stemming from a "hush money" payment to adult film star Stormy Daniels.
Meanwhile, Target was just hit with a class-action lawsuit from Illinois shoppers, who say the retail giant used high-tech cameras to collect face scans of its customers.
Marian Robinson, the mother of former first lady Michelle Obama, has died at the age of 86, her family announced Friday.
Democratic Gov. Tony Evers has appointed a replacement for a conservative-leaning Universities of Wisconsin regent who is refusing to step down, setting up another potential confirmation stalemate in the Republican-controlled state Senate.
President Biden said Israel's proposal consists of three phrases. Hamas has not yet responded.
A string of recalls connected to Wisconsin-based supplier Schreiber Foods has now extended to Aldi stores after similar recalls at Hy-Vee and other grocery chains.
With more and more such companies popping up, and salespeople showing up on doorsteps, who is making sure they're legitimate?
It also happens that the contractor was on a list specifically provided by the state.
Alderpeople are looking to try to stop rogue towers from making thousands off drivers who thought they were signing their car away to someone they could trust.
Employees at dozens of now-closed Foxtrot Market and Dom's Kitchen stores, now jobless, wonder what comes next for them as their paychecks will soon end.
Chicago had a total of 64 confirmed measles in April and March, but has had no new measles cases in two full incubation periods for the disease – or 42 days.
"I asked myself if we can have a fitness tracker for the human body, why can't we have one for the human brain," said Dr. Alex Leow.
Planned Parenthood and other abortion providers are asking for a preliminary injunction expanding the medical exemptions and blocking the hospital-only requirement.
Lawmakers applauded federal efforts to crack down on one of the most common opioids, illegal fentanyl.
Chicago health officials said medetomidine has not previously been detected in Chicago.
Earlier this month, Chuck E. Cheese President and Chief Executive Officer David McKillips told CBS News the company needed to keep up with the times and the interests of today's kids.
A law that drew massive protests and made Wisconsin the center of a national fight over union rights has returned to court, facing a new challenge from teachers and public workers brought after the state's Supreme Court flipped to liberal control.
No one was hurt but the fire burned a charred area on the outside of the mall.
The owner, Andy Kalish, says he just doesn't have the energy to keep it going.
Lagunitas will move its Chicago brewing operation to their original brewery in California by early August, and permanently close its Chicago brewery and taproom.
Jennifer Lopez was set to embark on a 30+ city tour to promote her new album "This is Me…Now," which dropped in February.
In his fourth special, Pepitone gets to a new level of honesty in confronting his own battles but not without social commentary
It was not specified whether Young or someone else involved in the concert was ill, and or what the ill person was suffering from.
"The Miseducation of Lauryn Hill" topped Apple Music's list while Michael Jackson's "Thriller," Stevie Wonder's "Songs in the Key of Life" and Nirvana's "Nevermind" finished in the top 10.
Those auditioning were asked to sing 16 bars a cappella from a contemporary musical theatre song to show their range.
The Treehouse Community Playground is the first of its kind in the village. Mark Albrecht, lead pastor of Northbridge Church, which donated the land for the playground, talks about the journey towards its official opening.
Experts ensured the pups' acceptance by their new mothers by using the scent of wolves already in the dens. Two of their siblings are still at Brookfield.
The president laid out a new offer from Israel delivered to Hamas by Qatar that would start with a six-week cease-fire, allowing talks for permanent peace. Israeli military forces would withdraw from Gaza, and Israeli hostages would be released in exchange for Palestinian prisoners. It would also allow 600 trucks with humanitarian aid into Gaza daily.
U.S. Army veterinarians will receive 70 hours of online training followed by real-world experience treating pet trauma before encountering it on a battlefield.
Engineers in Australia say they're using spent coffee grounds to make stronger and more sustainable concrete, as producing it accounts for around 7% of the world's greenhouse gas emissions.
Chicago police said the victim, a 43-year-old man, was in front of his home when an argument ensued with three known men who began attacking him.
Antoinette Newsome reveals what she and her children went through when they were attacked by the suspect who was later found and shot himself on Friday.
Highs will be in the upper 60s in the morning, followed by lows in the 60s and showers through the afternoon.
The ages of the victims range from 17 to 41.
Neighborhood groups have been pushing for such a measure—but they say they did not hire the private security.
Meanwhile, Target was just hit with a class-action lawsuit from Illinois shoppers, who say the retail giant used high-tech cameras to collect face scans of its customers.
The owner of the dog has already filed a lawsuit against the City of Chicago, the CPD and the officer in this case.
After learning of the woman's troubled history and other aspects of the case, lawmakers in Springfield spoke out passionately on the Illinois House floor.
Former Supt. Eddie Johnson was adamant that he is not being paid by the company to promote it. He said he just thinks it works.
Plenty of high school seniors are 18 years old, and some are even older.
The Sox have also lost 13 out of 14, falling to 15-43.
The Illini won 4-1, and will face No. 1 seed Kentucky Saturday.
Williams had a much better week of practice after a rough start against the defense last week.
Santiago Espinal hit a two-run homer while pinch hitting in the seventh inning and the Cincinnati Reds held on to beat the sliding Chicago Cubs 5-4.
Cardoso has been out with a shoulder injury since the Sky's first preseason game.
Neighborhood groups have been pushing for such a measure—but they say they did not hire the private security.
More than a dozen shell casing markers were visible in the street, and over a dozen more on the sidewalk nearby.
No one was in custody late Friday. Wentworth Area detectives were investigating.
The rally supported neighbors and families advocating against gun violence, and called for guns to be turned in – either publicly or anonymously.
Stanley Smith Jr., 41, was shot and killed around 6:20 p.m. Sunday, May 5, outside the Taco Bell at 5630 W. North Ave. in Milwaukee's Uptown neighborhood.