Biden to announce new student loan forgiveness proposals
This round of Biden's student loan forgiveness proposals targets the interest that adds up over time on student loans.
This round of Biden's student loan forgiveness proposals targets the interest that adds up over time on student loans.
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.
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.
Department of Education said impacted borrowers will not have payments due until these mistakes are fixed
As student loan repayments restart in October, the Biden administration said 125,000 people with student loans will have their debt erased.
Teri Hornstein reports there are several ways to pay back loans, including an income driven repayment plan.
Americans with student loan debt need to begin repaying their loans again after a hiatus of more than three years.
There is help available
Scammers are seizing on "chaos and confusion" ahead of the resumption of student loan repayments, one expert warned.
Biden administration officials say the new federal program could cut monthly loan payments for 20 million people.
After a three-year hiatus, interest on student loans begins piling up again on Friday, with payments due in October.
Two conservative groups are asking a federal court to block the Biden administration's plan to cancel $39 billion in student loans for more than 800,000 borrowers.
Only one-third of borrowers are aware that loan repayments will restart in October, a new survey found.
Jacqueline Quynh spoke with a student loan expert on the options available for repayment.
In just a matter of months, people with student loan debt will have to start making payments
There are options for repayment of student loan debt.
"We'll use every tool at our disposal to get you the student debt relief you need to reach your dreams," President Biden said.
Student loan financial consultant Meagan McGuire says loan payments will be due starting in September.
Nicole D'Antonio reports 40 million Americans would benefit from it if approved
Nicole Lauren reports 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.
In Florida, there are about 2.6 million borrowers with a federal student loan debt of about $100.9 billion
The man authorities say was the boat operator who struck a teen girl in Biscayne Bay on Saturday insists he had no idea it happened until police showed up asking questions.
The heat impacting South Florida is also affecting our pets, especially those housed at animal shelters.
Check out the Dolphins 2024 schedule with all regular-season games, sites and times.
Florida Gov. Ron DeSantis has signed a bill making climate change a lesser priority under state law and banning offshore wind turbines near the state's long coastline.
Even though local governments can't implement shade or water breaks, individual businesses still can.
The man authorities say was the boat operator who struck a teen girl in Biscayne Bay on Saturday insists he had no idea it happened until police showed up asking questions.
The heat impacting South Florida is also affecting our pets, especially those housed at animal shelters.
Check out the Dolphins 2024 schedule with all regular-season games, sites and times.
Florida Gov. Ron DeSantis has signed a bill making climate change a lesser priority under state law and banning offshore wind turbines near the state's long coastline.
Even though local governments can't implement shade or water breaks, individual businesses still can.
Florida insurance companies made money last year for the first time in seven years.
The U.S. Supreme Court is scheduled Sept. 26 to discuss whether it will hear a First Amendment challenge to a 2021 Florida law that placed restrictions on major social-media companies.
The number of people traveling to Florida during the second quarter of 2023 decreased compared to a year earlier, according to estimates released Wednesday by the state's tourism-marketing agency.
Gov. Ron DeSantis on Monday said Walt Disney Parks and Resorts should drop a federal lawsuit that claims retaliation by the state and accept changes to a special district that long benefited the theme-park giant.
It's Back-To-School and that also means back to the lunch room, as breakfast and lunch are free to all Miami-Dade public school students again this year.
New Jersey Sen. Bob Menendez may argue his wife kept him in the dark about her dealings with three businessmen.
The U.S. began moving pieces of the military pier toward Gaza on Wednesday, and it's expected to be operational in days.
Some of the new sanctions are being taken to address "significant concern" about the Nicaraguan government's "continued repression" of the Nicaraguan people.
Ads aimed at boosting support for a proposed constitutional amendment that would allow recreational use of marijuana in Florida
In Kyiv, Secretary of State Antony Blinken announced $2 billion in new financing for Ukraine to aid weapons delivery and fuel Ukraine's defense industrial base.
Jim DeFede sits down with former Key Biscayne Mayor Mike Davey, who is running to unseat Maria Elvira Salazar.
Jim DeFede talks to Karla Hernandez-Mats, President of the United Teachers of Dade, and Alicia Gant, a teacher at Barbara Goleman Senior High, who is soon leaving the district to become a teacher in Washington DC.
Lauren Pastrana and her guest discuss the options currently being discussed, possible solutions and how all this might impact students, their teachers and their parents.
Lauren Pastrana does a deep dive with perspective from leaders of local Jewish and Muslim groups for their take and perspective on the protests, the fallout and the fear and threats they are creating.
Jim DeFede catches up with State Senator Lauren Book to talk about the looming six-week abortion ban while she is making her annual walk across Florida to bring attention to child sexual exploitation.
Elon Musk's Neuralink finds a brain-computer interface device captured less data a month after implant surgery.
Hormel Foods says potentially contaminated products were shipped to Publix and Dollar Tree distribution warehouses.
Steward Health Care, the struggling hospital group that owns hospitals in Massachusetts, Texas, Florida and other states, announced Monday that it is filing for bankruptcy.
The Texas dairy worker infected by H5N1 "did not disclose the name of their workplace," frustrating investigators.
Actress Halle Berry joined with a group of bipartisan senators on Thursday to announce new legislation to promote menopause research, training and education.
Discover the best deals on all kinds of Apple iPad models, allowing you to snag a new tablet and save some cash.
Prescription eyeglasses can be expensive, but they don't need to be. Discover where to buy cheap glasses online.
See our picks for the best Android smartphones for 2024, from brands like Samsung, Google, and OnePlus.
Amazon Prime Day 2024 is on its way this July. Here's what happens during the annual sale and how it will work.
Google just released a scaled-down version of the flagship Pixel 8 Pro phone. Is the new model worth it?
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.
There are two sales tax holidays for hurricane supplies
Has mom and dad's bank been open too long at your house?
One consumer reported suffering a dental injury after eating Trader Joe's Chicken, Lentil & Caramelized Onion Pilaf product.
The company will keep its name and headquarters in Pittsburgh, but the United Steelworkers union voiced opposition to the deal.
Jim Parsons and Mayim Bialik are reprising their roles from "Big Bang Theory" in part one of the "Young Sheldon" series finale.
Britain's monarch King Charles III has unveiled the first official portrait done of him since his coronation, to mixed reviews.
Caitlin Clark struggled early in her WNBA debut before finishing with 20 points and 10 turnovers as the Indiana Fever fell to the Connecticut Sun 92-71.
Actor Steve Buscemi appeared to be looking at his phone moments before he was randomly punched in New York City, exclusive video obtained by CBS New York shows.
A remarkable judge of talent, Corman hired such aspiring filmmakers as Francis Ford Coppola, Ron Howard, James Cameron and Martin Scorsese.