Miami among top U.S. cities for debt collection calls, study finds
A new analysis of FTC complaints found Miami ranked fourth nationwide for debt collection calls, while Florida placed among the states with the highest complaint rates.
Watch CBS News
A new analysis of FTC complaints found Miami ranked fourth nationwide for debt collection calls, while Florida placed among the states with the highest complaint rates.
Applications and interest by U.S. students in colleges abroad have risen, as higher education has been hampered by student debt and political turmoil.
Millions of borrowers in forbearance through the SAVE plan will see interest start accruing on Friday. Here's what to know.
The Education Department has temporarily paused loan forgiveness for an income-based repayment plan. Here are the details.
New law reduces the number of federal student loan repayment options and caps how much individuals can borrow for higher education.
After years of paused student loan payments, millions of borrowers are still struggling to restart repayment, and some haven't even begun.
Nearly 10 million borrowers could be in default within a few months, according to the department.
President Joe Biden's plans to forgive student debt have hit legal roadblocks. Now a new plan would look to help people experiencing financial hardships.
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 Biden administration says it has now wiped away $167 billion of student loans for 4.75 million people, or 1 in every 10 borrowers.
The Biden administration said it's erasing debt for people who attended the for-profit Art Institutes, which shut down in September.
President Joe Biden unveiled a new plan that comes after the Supreme Court ruled against his previous debt-forgiveness program.
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.
The Department of Education will automatically forgive student debt for borrowers who meet a few conditions. Here's who.
President Biden said that of the borrowers who can get their loans forgiven, nearly 44,000 are teachers, nurses, firefighters and others who are eligible for forgiveness after working 10 years of public service.
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.
As student loan repayments restart in October, the Biden administration said 125,000 people with student loans will have their debt erased.
There are some steps you can take to budget and plan
The Education Department said it will begin notifying borrowers on Friday about the automatic discharge.
Jacqueline Quynh spoke with a student loan expert on the options available for repayment.
Borrowers are now facing double whammy after high court rules against Biden administration's student loan forgiveness program.
President Joe Biden vetoed legislation Wednesday that would have repealed his plan to forgive student debt.
Millions of student loan borrowers could see up to $20,000 of their debt canceled depending on the outcome of Tuesday's US Supreme Court hearing on President Joe Biden's student loan forgiveness program.
