Student loan borrowers in default could see wages garnished in 2026
The Education Department signaled earlier this year that it would move to resume wage garnishment, among other forms of involuntary collection, for those in default.
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The Education Department signaled earlier this year that it would move to resume wage garnishment, among other forms of involuntary collection, for those in default.
Current SAVE borrowers will have "limited time" to enroll in a new loan repayment plan and begin repaying their loans, the Education Department said.
Proposed Department of Education rule could deny loan forgiveness to borrowers whose employers are found to be illegally "undermining national security and American values."
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.
Involuntary collections include garnishing wages, withholding tax refunds and Social Security benefits.
A new proposal from Republican lawmakers would eliminate the popular SAVE repayment plan, which helped lower costs for millions.
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.
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.
The Biden administration is canceling federal student loans for another 55,000 workers to the tune of $4.28 billion in what's expected to be the last such round before he leaves office.
President-elect Donald Trump has called the Biden administration's student loan relief efforts a "total catastrophe."
Student loan payments for people enrolled in the Biden administration's SAVE plan will remain on hold for at least six more months.
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.
One day after the Federal Reserve lowered interest rates, CBS News Miami is exploring how the move can help you save money.
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.
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.
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.
After returning to Joint Base Andrews, President Trump departed for Davos about one hour later aboard a second aircraft.
A federal judge revoked the citizenship of Renzo William Alegre, 25, after he admitted to obtaining U.S. naturalization through fraud while engaging in child exploitation crimes.
The Florida governor joked about delivering the wager payoff straight to Marco Island, where he says many Hoosiers spend the winter.
A judge has ordered that actor Timothy Busfield be released from jail during a detention hearing on child sex abuse charges.
Students and parents say the district's cost‑cutting plan creates inequities, while officials argue class size determines which schools get larger venues.
After returning to Joint Base Andrews, President Trump departed for Davos about one hour later aboard a second aircraft.
A federal judge revoked the citizenship of Renzo William Alegre, 25, after he admitted to obtaining U.S. naturalization through fraud while engaging in child exploitation crimes.
The Florida governor joked about delivering the wager payoff straight to Marco Island, where he says many Hoosiers spend the winter.
A judge has ordered that actor Timothy Busfield be released from jail during a detention hearing on child sex abuse charges.
Students and parents say the district's cost‑cutting plan creates inequities, while officials argue class size determines which schools get larger venues.
A former prison guard trainee has been sentenced to death for the 2019 execution-style killings of five women inside a Florida bank.
Florida coach Billy Napier is getting a fourth season to try to get the Gators back to their winning ways.
A Florida man has filed a federal lawsuit against Jacksonville sheriff's officers who severely beat him last year after he ran from a traffic stop.
The Marion County Sheriff's deputy told authorities that he accidentally shot and killed his girlfriend while cleaning his gun.
The American Automobile Association said this is a dangerous time of year for young drivers.
After returning to Joint Base Andrews, President Trump departed for Davos about one hour later aboard a second aircraft.
Vice President JD Vance and second lady Usha Vance announced they are expecting their fourth child.
President Trump spoke in the White House briefing room for nearly two hours on Tuesday, marking the first year of his second term before departing for a high-pressure trip to Europe.
More than 10 countries have signed on to join President Trump's "Board of Peace" for Gaza, sources familiar with the discussions told CBS News.
Andrew Johnson is the latest in a series of pardoned Jan. 6 riot defendants to face new criminal charges.
Jim DeFede discusses Governor Ron DeSantis' eighth and final State of the State address with House Speaker Danny Perez.
On Facing South Florida, Jim DeFede spoke with Miami Herald Latin America reporter Antonio Maria Delgado about Delcy Rodríguez's growing control in Venezuela.
On Facing South Florida, Jim DeFede speaks with former interim Venezuelan president Juan Guaidó about Nicolas Maduro's capture.
In a special live episode, Jim DeFede brings us the latest developments and the fallout following the Saturday morning strikes.
Jim Defede's guest this week on Facing South Florida is James Fishback, a Republican candidate for the Florida governor's office.
Roughly 1.4 million fewer Americans have signed up for an Affordable Care Act plan as expiring tax breaks drive up premiums.
The largest nurses strike ever in New York City is underway as thousands of NYSNA members walk off their jobs at major hospitals.
After the ACA tax credit lapsed in December, enrollees are opting for less robust health plans or dropping coverage altogether.
New research recommends against drinking coffee or tea served by airlines, urging travelers to stick to bottled water.
In his new wellness book, "Eat Your Ice Cream," Dr. Ezekiel Emanuel goes beyond the basics of eating, exercise and sleep, to the importance of being happy, social engagement, and recommended behaviors (like "don't be a schmuck") that can benefit longevity.
These gifts from Stanley, Apple, AllTrails and more won't bust your budget.
From top-rated smart mugs to cold brew starter kits, we've rounded up the coffee lover presents to gift this Christmas.
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A lawsuit filed late last month took Chicago-based McDonald's to task over the McRib sandwich, calling its name a form of false advertising.
Florida insurance policyholders could be seeing some form of relief in their wallets thanks to market reforms made statewide, Gov. Ron DeSantis said.
The company said Tuesday that 85% of its retail products and "nearly all" of its school offerings are already made without "certified colors."
Less than two days after Delta Air Lines offered $30,000 to each passenger on board the flight that crashed and flipped in Toronto on Monday afternoon, the company is facing its first two lawsuits in the incident — and they likely won't be the last.
Activists are calling for a nationwide boycott of Target stores following the company's decision to roll back its diversity, equity and inclusion initiatives.
A judge has ordered that actor Timothy Busfield be released from jail during a detention hearing on child sex abuse charges.
An assistant for "Queer Eye" star Karamo Brown told "CBS Mornings" he would not be joining Tuesday's interview with the cast ahead of the release of the series' 10th and final season.
The publisher of the Daily Mail tabloid denies claims by Prince Harry and other celebrities of "unlawful information gathering."
Another allegation against Busfield was reported to law enforcement the same day he turned himself in, according to a court filing.
In a video provided to TMZ on Tuesday, Timothy Busfield said the allegations "are all lies."