Biden administration forgives another $1.2 billion in student loans
About 1 in 10 people with student loans have gotten debt relief, according to the Biden administration.
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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.
It's the 2024 college acceptance season, which means families are grappling with an important question about how to pay for tuition. CBS News Business Analyst Jill Schlesinger explains what to know.
About 78,000 people will receive an email from President Joe Biden telling them that their loans are canceled. Here's what to know.
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.
The plan would benefit those who don't qualify for loan forgiveness under the current temporary program.
Officials will meet to discuss finalized plans for the program Monday, but experts say many people may not even know they qualify for it. CBS New York's Zinnia Maldonado asks the experts.
As student loan repayments restart in October, the Biden administration said 125,000 people with student loans will have their debt erased.
CBS New York's Elijah Westbrook speaks with an expert to break down what borrowers need to know.
After more than three years of COVID-related reprieve, federal student loan borrowers need to resume payments starting Oct. 1. CBS News Business Analyst Jill Schlesinger tells us how to prepare.
The bill is coming due for students who took out loans to finance their education. Now, many borrowers need to rework their budgets to make their payments.
The bill is coming due for students who took out loans to finance their education. Now, many borrowers need to rework their budgets to make their payments.
The Education Department said it will begin notifying borrowers on Friday about the automatic discharge.
Now that the Supreme Court has ruled against the Biden administration's plan to cancel student loans, millions of borrowers have a lot of questions. We hear from CBS News Business Analyst Jill Schlesinger for her answers.
The Supreme Court delivered a crushing blow last week to President Joe Biden's original attempt to cancel massive student debt. With the first loan payments due this fall, Natalie Brand reports on what borrowers can expect.
In a separate ruling, the justices dealt what's being called a major setback for LGBTQ+ rights.
Attorney J.C. Polanco, a higher education advocate, joined CBS New York's Dana Tyler to break down what the ruling means for those with student debt.
A sharply divided Supreme Court struck down Pres. Joe Biden's $400 billion to cancel or reduce federal student loan debts for millions of Americans. The court also sided with a designer who will not work with same sex couples. CBS2's Tim McNicholas reports.
About 40 million Americans are no longer eligible for debt relief after the Supreme Court threw out President Biden's student loan forgiveness plan.
Borrowers are now facing double whammy after high court rules against Biden administration's student loan forgiveness program.
The court will consider whether President Biden has the authority to wipe away billions of dollars in loan debt for millions of Americans.
One part of plan for tackling student debt could spur more people than expected to join program, analysis says.
The proposal comes as the Biden administration's plan to forgive up to $20,000 in student debt remains in limbo.
With the possibility of getting up to $20K forgiven tied up in the courts, experts list some steps borrowers can take.
DJ LeMahieu has been cut by the Yankees with almost $22 million remaining on his contract.
A Long Island family says their town is to blame for delays on reconstruction plans after a driver crashed into their home.
According to Town of Clarkstown officials, Morah Chany's Daycare opened in June without a license from the state, a permit from the town or required safety inspections.
Suffolk Community College student Sara Lopez Garcia was detained by ICE in May, one day before commencement.
A Spring Valley high school student who was detained by ICE in June has been released.
According to Town of Clarkstown officials, Morah Chany's Daycare opened in June without a license from the state, a permit from the town or required safety inspections.
Suffolk Community College student Sara Lopez Garcia was detained by ICE in May, one day before commencement.
A Spring Valley high school student who was detained by ICE in June has been released.
A 90-year-old man was fatally struck by a moped in Homecrest, Brooklyn, the NYPD said Wednesday.
New York City elected officials plan to introduce a new bill that would prevent ICE agents from wearing masks or other face coverings while on the job.
It's late in the evening when we'll see another round of showers and thunderstorms develop, particularly off to our south.
Severe weather caused damage across the region Tuesday, even triggering a tornado warning in parts of New Jersey.
Heavy downpours may suddenly occur and lead to flash flooding Tuesday in the Tri-State Area.
The 4 of July forecast in NYC is looking ideal for holiday festivities and the Macy's 4th of July Fireworks Show.
Thunderstorms produced extensive amounts of damage in numerous locations, but specifically to the area around South Plainfield, New Jersey.
It's late in the evening when we'll see another round of showers and thunderstorms develop, particularly off to our south.
Severe weather caused damage across the region Tuesday, even triggering a tornado warning in parts of New Jersey.
Newark's summer youth curfew goes into effect Monday night, and will run from 11 p.m. until 5:30 a.m. daily until the beginning of the new school year.
A New Jersey man with the U.S. Coast Guard is being hailed as a hero for helping rescue more than 165 people from the deadly Texas floods.
FIFA slashed standard ticket prices for the 2025 Club World Cup semifinal between Chelsea and Fluminense in New Jersey.
A Long Island family says their town is to blame for delays on reconstruction plans after a driver crashed into their home.
Suffolk Community College student Sara Lopez Garcia was detained by ICE in May, one day before commencement.
It's late in the evening when we'll see another round of showers and thunderstorms develop, particularly off to our south.
Longtime former Long Island Rep. Carolyn McCarthy, who died in June, will be laid to rest on Long Island on Tuesday.
Severe weather caused damage across the region Tuesday, even triggering a tornado warning in parts of New Jersey.
A 90-year-old man was fatally struck by a moped in Homecrest, Brooklyn, the NYPD said Wednesday.
New York City elected officials plan to introduce a new bill that would prevent ICE agents from wearing masks or other face coverings while on the job.
The United Federation of Teachers has endorsed Democratic candidate Zohran Mamdani in the New York City mayor's race.
Ukrainian officials say at least 8 people were killed in Russia's biggest drone and missile attack to date, as the Kremlin says it is "quite calm" about Trump's mounting criticism.
Longtime former Long Island Rep. Carolyn McCarthy, who died in June, will be laid to rest on Long Island on Tuesday.
Mount Sinai's Waldman Melanoma and Skin Cancer Center uses relatively new screening technology to detect and monitor spots.
Novo Nordisk said it will stop selling Wegovy on Hims & Hers, claiming the telehealth company sold knockoff versions of the weight-loss drug.
A Long Island teenager says a Navy SEAL museum and the people who run it inspired him to overcome an unthinkable challenge.
The clock is ticking on United Healthcare and Memorial Sloan Kettering Cancer Center to reach a contract agreement or thousands of patients could lose coverage for much-needed care.
A bill that would make it standard issue for first responders to carry EpiPens or other devices for life-threatening allergies is now in Congress.
Organizers say the event is likely going to be New York City's largest dance music festival, with some 50,000 fans in attendance.
During a remote hearing in the Sean "Diddy" Combs case in Manhattan on Tuesday, a judge said the music mogul will face sentencing on Oct. 3.
With the release of Bad Bunny's new video for the song "NUEVAYoL," the Valencia Bakery in the Bronx is getting a lot of recognition.
Sean "Diddy" Combs' lawyer says the music mogul got a standing ovation from fellow prisoners when he returned to the federal lockup in Brooklyn after the verdict.
Joey Chestnut is returning to the 2025 Nathan's Hot Dog Eating Contest. Here's how and when to watch.
DJ LeMahieu has been cut by the Yankees with almost $22 million remaining on his contract.
The Baltimore Orioles game on Wednesday against the New York Mets has been postponed because of strong storms moving through Maryland.
Cam Schlittler, the son of a Massachusetts police chief who played his college baseball in Boston, will make his Major League Baseball debut on Wednesday.
The Yankees pounded the Mariners 10-3 on Tuesday night in the opener of a three-game series.
Juan Soto singled in the tiebreaking run in the 10th inning, and the New York Mets hit three home runs in a 7-6 comeback victory over the Baltimore Orioles on Tuesday night.
Brooklyn Botanic Garden has opened a centennial exhibit celebrating its internationally respected bonsai collection.
With the release of Bad Bunny's new video for the song "NUEVAYoL," the Valencia Bakery in the Bronx is getting a lot of recognition.
Eight development groups have now submitted their final proposals in the fierce competition for New York's three downstate casino licenses.
New York City estimates up to 500 abandoned boats litter its waterways, but now, the tide may be turning.
The show marks a debut for the QCP Players Program, a partnership with inclusive performing arts nonprofit AhHa!Broadway.
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.
Dogs got decked out for the annual Tompkins Square Halloween Dog Parade in New York City's East Village on Saturday.
Cosplayers flooded New York City's Javits Center in October 2024 for the annual New York Comic Con convention.
Tens of thousands of people flooded Manhattan streets on June 2, 2024 for the 60th annual Israel Day on Fifth Parade.
The Francis Scott Key Bridge in Baltimore collapsed early Tuesday, March 26 after a column was struck by a container ship that reportedly lost power, sending vehicles and people into the Patapsco River.
The acclaimed dance company Pilobolus wraps up their season Sunday in Chelsea.
President Trump is putting more U.S. trading partners on notice. Wednesday morning, he posted on social media letters to six more countries warning them of tariff increases. Erica Brown reports.
The United States is having its worst year for the spread of measles in more than three decades. Dr. Warren Seigel, a pediatrician at NYC Health and Hospitals, discusses the outbreak.
A man was struck by lightning on a New Jersey golf course Wednesday.
A judge will allow the city to remove a controversial bike lane in Brooklyn.
