How Trump's "big, beautiful bill" affects student loans
New law reduces the number of federal student loan repayment options and caps how much individuals can borrow for higher education.
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New law reduces the number of federal student loan repayment options and caps how much individuals can borrow for higher education.
The Trump administration last month started garnishing paychecks and Social Security benefits to collect defaulted loans.
With the Department of Education this month resuming collections on student loans, millions of Americans are at risk of having their wages garnished.
The U.S. Department of Education is threatening to withhold federal aid to colleges and universities that have high levels of students in default on their student loans.
Collection of defaulted federal student loans has resumed after a five year pause started during the pandemic. Defaulting can now lead to garnishment of state or federal benefits; and garnishment of wages will start this summer.
Jana Heartwood owes more than $40,000 in student loan debt. She says when payments resumed last year, she was not notified and is now struggling to get answers from her loan servicer.
TransUnion, one of the three major credit bureaus, found that one in five student loan borrowers is at risk of defaulting.
A new proposal from Republican lawmakers would eliminate the popular SAVE repayment plan, which helped lower costs for millions.
Nearly 10 million borrowers could be in default within a few months, according to the department.
Trump administration effort to wind down the Education Department could lead to frustration for millions of student loan borrowers, experts say.
The Department of Education doesn't oversee school curriculums, but it does offer a range of services affecting millions of Americans.
President-elect Donald Trump has called the Biden administration's student loan relief efforts a "total catastrophe."
The 12-month grace period for student loan borrowers ended Sept. 30. The "on-ramp" period helped borrowers struggling to make payments avoid the risk of defaulting and hurting their credit score.
The Biden administration's flagship student loan relief plan has 8 million participants. Here's what they should know about the Supreme Court's decision.
About 1 in 10 people with student loans have gotten debt relief, according to the Biden administration.
The White House is turning to other methods to erase student debt after the Supreme Court blocked its broader effort to forgive loans.
President Joe Biden unveiled a new plan that comes after the Supreme Court ruled against his previous debt-forgiveness program.
This round of Biden's student loan forgiveness proposals targets the interest that adds up over time on student loans.
About 78,000 people will receive an email from President Joe Biden telling them that their loans are canceled. Here's what to know.
Typically, FAFSA forms are released on Oct. 1. But this year, the application forms came out three months late, on Dec. 30, 2023.
Borrowers who took out $12,000 or less in loans and have been in repayment for at least 10 years could get their debt erased.
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.
The number of people seeking help on the platform to pay student loans has exploded over the last year, the crowdfunding site says.
As student loan repayments restart in October, the Biden administration said 125,000 people with student loans will have their debt erased.
Student loan borrowers facing problems with their servicer shouldn't have to repay their debt until the issues are resolved, 19 state attorneys general say.
Cal Raleigh hit his 37th and 38th home runs to move within one of Barry Bonds' 2001 record for homers before the All-Star break, and the Seattle Mariners beat Detroit 12-3 on Friday night to end Tarik Skubal's three-month unbeaten streak.
A 53-year-old man was arrested Friday morning after authorities say he allegedly threatened his neighbor and fired shots in the air in Monroe County, Michigan.
The Livonia Police Department is reminding drivers of the Move Over law in Michigan after dashcam video showed a driver nearly hitting a police officer on the road.
A 66-year-old woman and a 67-year-old man were injured in a multi-vehicle crash on Friday in Canton, Michigan.
An ultrarunner collapsed on a high mountain trail outside Silverton only three hours after the start of the Hardrock Hundred, a 102.5-mile endurance race in the southwest Colorado mountains.
A woman has been arraigned on charges relating to the fatal stabbing of a McDonald's restaurant manager in Eastpointe.
The CBS News Detroit NEXT Weather team has declared Saturday as NEXT Weather Alert Days.
For five years, Main and Center streets have been closed off to traffic. However, on Tuesday night, these streets will reopen.
Cal Raleigh hit his 37th and 38th home runs to move within one of Barry Bonds' 2001 record for homers before the All-Star break, and the Seattle Mariners beat Detroit 12-3 on Friday night to end Tarik Skubal's three-month unbeaten streak.
A 53-year-old man was arrested Friday morning after authorities say he allegedly threatened his neighbor and fired shots in the air in Monroe County, Michigan.
A 15-gallon tank of gas costs motorists about $46, around $11 less than the highest price drivers paid in July 2024.
General Motors announced on Tuesday a $4 billion investment over the next two years in three U.S. manufacturing plants, one of which is located in Michigan.
A 15-gallon tank of gas costs motorists about $48, around $9 less than the highest price drivers paid in July 2024.
A 15-gallon tank of gas costs motorists about $46, around $11 less than the highest price drivers paid in July 2024.
The three-day event runs May 30 through June 1 and is highlighted by the 35th running of the NTT IndyCar Series Detroit Grand Prix.
This weekend, Brighton, Michigan, will be showcasing everything the city has to offer through its annual Taste of Brighton festival.
Detroit-based artist Tiff Massey's "Baby Bling" exhibit will have a permanent home at the Detroit Institute of Arts after the success of her temporary art exhibition, "7 Mile + Livernois."
Julian McMahon's last acting role before his death was playing the prime minister of Australia in Netflix's murder mystery series "The Residence."
Joey Chestnut is returning to the 2025 Nathan's Hot Dog Eating Contest. Here's how and when to watch.
Michael Madsen apparently went into cardiac arrest and was found unresponsive in his home in Malibu, California, on Thursday morning, according to his manager.
Cal Raleigh hit his 37th and 38th home runs to move within one of Barry Bonds' 2001 record for homers before the All-Star break, and the Seattle Mariners beat Detroit 12-3 on Friday night to end Tarik Skubal's three-month unbeaten streak.
Unemployment is rising among recent college grads as employers turn to artificial intelligence to handle entry-level work.
Many Southeast, Southern and West Coast states are likely seeing an increase in COVID cases.
President Trump and first lady Melania Trump visited Central Texas Friday to survey the devastation wrought by last week's deadly flooding.
The new federal estimates are spurring concerns about the health of U.S. children — and the way Trump administration health officials are handling research.
Many Southeast, Southern and West Coast states are likely seeing an increase in COVID cases.
A judge has rejected a challenge to Michigan's ban on taxpayer-funded abortions for low-income residents.
As of July 1, county health officials have reported 10 cases of the disease in 2025.
EGLE claims there are "significant deficiencies" in the management of Wyandotte's water system. The city says its water is safe.
Experts advise paying close attention to where you're launching or landing the displays.
Cal Raleigh hit his 37th and 38th home runs to move within one of Barry Bonds' 2001 record for homers before the All-Star break, and the Seattle Mariners beat Detroit 12-3 on Friday night to end Tarik Skubal's three-month unbeaten streak.
Joe Coleman, a lanky right-hander who won 142 games in 15 major league seasons and was an All-Star in 1972 with Detroit, has died.
First-time All-Star Junior Caminero homered and scored twice and the Tampa Bay Rays beat Detroit 7-3 on Wednesday to end the major league-leading Tigers' winning streak at five games.
The Detroit Tigers now have five All-Stars, tying them with the Dodgers for the most in the majors.
Colt Keith homered and drove in three runs as the Detroit Tigers won their fifth straight game, beating the Tampa Bay Rays 4-2 on Tuesday night.
This week, the roundtable discusses the efforts to grow the aerospace industry in Michigan.
With the Fourth of July holiday almost here, the Salute to America Program featuring the Detroit Symphony Orchestra with nightly fireworks will be held July 2-5 at The Henry Ford in Dearborn, as it has for over 30 years.
Lots of big-name golfers are scheduled to play, including Cam Davis, Rickie Fowler, Tony Finau and Nate Lashley.
Canada is Michigan's No. 1 trading partner and vice versa, with cars, car parts, agriculture, tourism and more as products and people crossing bridges and tunnels between our state and our northern neighbor to the tune of billions each year.
Over 1,500 leaders from all corners of the state gathered at the Detroit Regional Chamber's Mackinac Policy Conference.
The CBS News Detroit NEXT Weather team has declared Saturday as NEXT Weather Alert Days.
A brother and sister have been arrested in a series of parking lot robberies in Southeast Michigan, the Waterford Police Department reported.
A woman who is charged in the fatal stabbing of a McDonald's manage in Eastpointe, Michigan, posted on social media days before the July 10 incident.
President Trump is ramping up the pressure in his ongoing trade war. The president is giving dozens of countries, including Canada, until the end of July to strike a new trade deal.
The Livonia Police Department is reminding drivers of the Move Over Law in Michigan after a driver nearly hit a police officer on the road.