New student loan rules take effect today. Here's what to know.
Loan revamp affects how much students and families can borrow to pay for college, as well as their repayment options.
Watch CBS News
Loan revamp affects how much students and families can borrow to pay for college, as well as their repayment options.
The Department of Education doesn't oversee school curriculums, but it does offer a range of services affecting millions of Americans.
Student loan payments for people enrolled in the Biden administration's SAVE plan will remain on hold for at least six more months.
About 1 in 10 people with student loans have gotten debt relief, according to the Biden administration.
As student loan repayments restart in October, the Biden administration said 125,000 people with student loans will have their debt erased.
After a three-year hiatus, interest on student loans begins piling up again on Friday, with payments due in October.
"We'll use every tool at our disposal to get you the student debt relief you need to reach your dreams," President Biden said.
The extension, up to June 30, 2023, will give the courts time to decide the fate of student loan cancellation.
This comes after the plan has been blocked by two separate federal court rulings.
In their appeal, attorneys for several Republican-led states said the plan will irreparably harm their states' student loan programs.
On Monday, the federal government officially launched its student loan forgiveness program. CBSLA's Joy Benedict speaks to those who have already signed up.
President Biden announces new college-debt forgiveness site, calling it a "game changer for millions of Americans."
Teachers and other public servants need to apply soon to ensure they are considered for a one-time waiver.
In partnership with California Attorney General Rob Bonta, the Campaign for California Borrowers' Rights on Monday launched a "California Student Debt Challenge," a statewide informational campaign on student loan forgiveness.
Interest rates will be 4.99% for undergraduate loans, 6.54% for graduate loans and 7.54% for PLUS loans for the 2022-2023 year.
A review found some servicers had been placing borrowers facing financial difficulties into forbearance instead of giving them clear information about income-driven repayment options.
Nearly 35,000 California students who attended Santa-Ana based Corinthian Colleges will not have to repay any the remaining balance of their private student loan debt.
The plan would cover not just tuition but also living expenses.
LA County Fire's search team is still hopeful they can rescue people from the rubble in Venezuela, nearly a week after two large earthquakes collapsed buildings throughout the country.
The FBI said in a statement Wednesday that some ransom notes in Nancy Guthrie's disappearance have been "deemed to be extortion attempts without legitimacy," and other "demands may potentially be legitimate and are still being investigated as such."
Folarin Balogun got the scoring going with a goal in the 45th minute, but was sent off with a controversial red card in the 64th minute.
Joe Kelly is returning to his alma mater to serve as an assistant coach on the Corona High School baseball coaching staff.
Burglary suspects crashed while trying to get away from the Los Angeles Police Department in Hollywood on Wednesday night.
LA County Fire's search team is still hopeful they can rescue people from the rubble in Venezuela, nearly a week after two large earthquakes collapsed buildings throughout the country.
The FBI said in a statement Wednesday that some ransom notes in Nancy Guthrie's disappearance have been "deemed to be extortion attempts without legitimacy," and other "demands may potentially be legitimate and are still being investigated as such."
The Los Angeles Department of Water and Power issued a boil water notice after preliminary reports from a water quality testing station in K-town showed E. coli in water samples.
Folarin Balogun got the scoring going with a goal in the 45th minute, but was sent off with a controversial red card in the 64th minute.
New laws include restrictions on handgun sales and clarity for food expiration date labels.
LA County Fire's search team is still hopeful they can rescue people from the rubble in Venezuela, nearly a week after two large earthquakes collapsed buildings throughout the country.
Joe Kelly is returning to his alma mater to serve as an assistant coach on the Corona High School baseball coaching staff.
Burglary suspects crashed while trying to get away from the Los Angeles Police Department in Hollywood on Wednesday night.
The Chloe Fire is burning in light grass with ground crews and water-dropping helicopters responding.
The Los Angeles Department of Water and Power issued a boil water notice after preliminary reports from a water quality testing station in K-town showed E. coli in water samples.
An Orange County man was charged with involuntary manslaughter on Tuesday, nearly a year after an 8-year-old girl died from injuries suffered in an illegal fireworks explosion at a Fourth of July party in Buena Park.
An Orange County homeowners association sued a Laguna Hills family after they built a fence to prevent coyotes from killing their goats.
Mexico reached the Round of 16 for the eighth time on Tuesday night with their 2-0 win over Ecuador, and fans took the Southern California streets to celebrate the moment.
Santa Ana police are warning of a crackdown on World Cup celebrations ahead of the Mexico-Ecuador match on Tuesday, a week after hundreds of fans flooded city streets following their win over Czechia.
It may be a construction site right now, but OC Vibe promises to be Southern California's newest hot spot for food and entertainment.
Joe Kelly is returning to his alma mater to serve as an assistant coach on the Corona High School baseball coaching staff.
Deputies said that the man's 27-year-old wife was found with trauma injuries at around 8 p.m. on Tuesday night.
A Riverside County pastor was killed and his wife was injured when their hotel collapsed during the pair of powerful earthquakes that struck near Caracas, Venezuela, last week.
The shooting happened in an unincorporated community known as North Shore at around 12:10 a.m., according to Riverside County deputies.
Deputies said that the incident appears to have been an "apparent suicide pact."
The FBI said in a statement Wednesday that some ransom notes in Nancy Guthrie's disappearance have been "deemed to be extortion attempts without legitimacy," and other "demands may potentially be legitimate and are still being investigated as such."
Folarin Balogun got the scoring going with a goal in the 45th minute, but was sent off with a controversial red card in the 64th minute.
As a proposed billionaire tax in California moves forward, Gov. Newsom says other approaches are needed, including closing a tax loophole used by the ultra-rich.
The United States-Mexico-Canada Agreement will remain in effect until it expires in 2036, unless the countries strike another deal to extend it.
Two people climbed to the top of New York City's Empire State Building, unfurled a banner, and then apparently got engaged Wednesday afternoon.
Gov. Gavin Newsom has signed a law designating May 17 as Bruce Lee Day, honoring the legacy of the San Francisco-born actor and martial arts icon.
The United States-Mexico-Canada Agreement will remain in effect until it expires in 2036, unless the countries strike another deal to extend it.
Acting U.S. Attorney General Todd Blanche said "the Constitution is not a suggestion" and that "the Second Amendment is a sacred right belonging to all Americans."
Longtime labor activist Dolores Huerta says President Trump's disparaging remarks about Mexicans show he "does not know history," and called on Latinos in California, Texas and other states to push for change.
Los Angeles City Council members on Tuesday agreed to scrap a proposal that would put a measure to allow for non-citizen voting on the November ballot.
Voters in California may soon decide on a ballot measure that seeks to help the state's middle class afford to buy a home, by establishing a $25 billion loan program that would provide down payment assistance.
Some Trader Joe's shoppers will get a payout after a lawsuit alleged that the retailer's customer receipts put shoppers at risk of ID theft.
California Attorney General Rob Bonta and local prosecutors urged parents to check their children's e-bikes, saying some of the vehicles may be motorcycles or mopeds capable of high speeds.
San Francisco officials said Tuesday that the city has filed a lawsuit against leading manufacturers of ultra-processed foods, accusing them of producing products linked to serious health issues and alleging that the companies knowingly made the foods addictive.
A bill that would reverse a 25% tax increase on California's legal cannabis industry is heading to Gov. Gavin Newsom's desk, after being approved by the legislature.
Former NFL running back Chris Johnson announced that he was diagnosed with ALS, also known as Lou Gehrig's disease, in a "Good Morning America" interview.
Los Angeles County health officials on Saturday confirmed the fifth measles case of the year in an international traveler who arrived at Los Angeles International Airport earlier in the week.
At least 80 deaths have been reported in a new Ebola disease outbreak in Congo and Uganda, authorities said.
California public health officials said on Wednesday that they have identified a fifth resident who may have been exposed to the Andes hantavirus due to the outbreak on the MV Hondius cruise ship.
An American on the repatriation flight began showing symptoms of hantavirus and another "tested mildly PCR positive for the Andes virus," the Department of Health and Human Services says.
Initial findings showed no evidence of rising statewide unemployment claims from workers in occupations considered highly exposed to AI.
Ford is recalling more than 250,000 vehicles that were incorrectly repaired under a previous recall meant to fix a problem that caused the engine to stall while driving, according to the National Highway Traffic and Safety Administration.
The California State Assembly passed a new bill that they hope can rein in a black market in restaurant reservations.
Voters in California may soon decide on a ballot measure that seeks to help the state's middle class afford to buy a home, by establishing a $25 billion loan program that would provide down payment assistance.
Some Trader Joe's shoppers will get a payout after a lawsuit alleged that the retailer's customer receipts put shoppers at risk of ID theft.
Folarin Balogun got the scoring going with a goal in the 45th minute, but was sent off with a controversial red card in the 64th minute.
Joe Kelly is returning to his alma mater to serve as an assistant coach on the Corona High School baseball coaching staff.
A person with knowledge of the trade says Kawhi Leonard is headed back to the Toronto Raptors, after they struck a deal with the Los Angeles Clippers to reunite with the player who led their run to the 2019 NBA championship.
Julio Rodriguez had three hits and scored twice, Bryan Woo took a shutout into the seventh inning and the Seattle Mariners put together a five-run sixth on Tuesday night to beat the Los Angeles Angels 8-3.
The Los Angeles Dodgers two-way star Shohei Ohtani will skip his scheduled pitching start Wednesday against the Athletics to get some extra rest, manager Dave Roberts said.
Gov. Gavin Newsom has signed a law designating May 17 as Bruce Lee Day, honoring the legacy of the San Francisco-born actor and martial arts icon.
Actor Danny Glover spoke about his Alzheimer's diagnosis in an interview with NBC's "Today" show, revealing that he has been living with the disease for several years.
Victor Willis, lead singer of the disco group Village People, whose hit "Y.M.C.A." became a fixture at rallies for President Trump, has died at the age of 74, his wife and the band said.
According to prosecutors and testimony, Carl Rinsch told Netflix he needed $11 million to finish a show, but spent whopping sums on luxury cars, watches and other goods, including $638,000 on two mattresses.
A California appeals court has upheld Harvey Weinstein's 2022 rape and sexual assault conviction.
Meteorologist Alex Biston heads to Veterans Park in Chino Hills for a beloved Independence Day celebration that's been taking place for more than 30 years.
Michael Juliano, editor at Time Out Los Angeles, shares a list of events taking place across Los Angeles for the Fourth of July.
Celebrity party planner Marley Majcher shares some of her Fourth of July hosting ideas.
Alex Quilici, the CEO of YouMail, discusses robocall scams that are affecting millions of people every day. He says that trends show older and younger people being targeted by scammers. He adds that people can protect themselves by ignoring unfamiliar calls and messages.
Lots of eyes are on SpaceX as thousands of current and former employees could see a huge financial payoff. Cory Weiss, from Douglas Elliman, talks about the potential real estate boom.
Some of golf's best are facing off at the U.S. Women's Open at the Riviera Country Club in the Pacific Palisades over the weekend. The event runs from June 2 to June 7.
Widely considered the greatest architect of his time, Frank Gehry helped shape Los Angeles' skyline.
A suspect was taken into custody after an attack on Pearl Street Mall in Boulder on June 1 in which there were 15 people and a dog who were victims. The suspect threw Molotov cocktails that burned some of the victims, who were part of a march for Israeli hostages.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
The Franklin Fire in Malibu quickly grew overnight and threatened several homes. Evacuation orders were issued and Pepperdine University instructed students to shelter in place.
