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.
Earlier this summer the federal government capped student loan borrowing for the first time ever limiting how much students and parents can borrow each year and over a lifetime. Supporters say it reins in federal lending but critics warn it could hurt college access and push students toward risky private loans. Higher Education Reporter with Chalkbeat, Jason Gonzales, explains what this means for current and future students.
TransUnion, one of the three major credit bureaus, found that one in five student loan borrowers is at risk of defaulting.
Thousands of New York City public workers still paying student loans will have their debt forgiven, Mayor Eric Adams announced Monday.
Trump administration effort to wind down the Education Department could lead to frustration for millions of student loan borrowers, experts say.
Two of the most vital programs that the Department of Education has overseen for decades – student loans and special needs services – now have new homes within the Trump administration. CBS News New York's education reporter Doug Williams breaks down the potential impact.
Becky Pringle, President of the National Education Association joins CBS New York to discuss what dismantling the DOE would mean for schools and students.
About 1 in 10 people with student loans have gotten debt relief, according to the Biden administration.
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.
The White House is turning to other methods to erase student debt after the Supreme Court blocked its broader effort to forgive loans.
This round of Biden's student loan forgiveness proposals targets the interest that adds up over time on student loans.
The Free Application for Federal Student Aid was revamped last year, but it wasn't made widely available until January, three months later than usual.
About 78,000 people will receive an email from President Joe Biden telling them that their loans are canceled. Here's what to know.
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 rollout has been bumpy but CBS News Business Analyst Jill Schlesinger helps guide us through the process.
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.
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.
Student loan borrowers facing problems with their servicer shouldn't have to repay their debt until the issues are resolved, 19 state attorneys general say.
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.
Biden administration officials say the new federal program could cut monthly loan payments for 20 million people.
Hundreds of New York University's non-tenured faculty members say they're prepared to walk off the job, impacting about 25% of classes.
The Trump administration says Iran's autocratic regime is down but not out, and it won't say how long the deadly, costly conflict will go on.
The NYPD said the deadly crash in Harlem happened Thursday night on West 125th Street near Adam Clayton Powell Boulevard.
![Simon Holmstrom #92, Adam Pelech #3 and Ilya Sorokin #30 of the New York Islanders after Brady Tkachuk #7 of the Ottawa Senators [NOT PICTURED] scores a go ahead goal in the third period on March 19, 2026, at Canadian Tire Centre in Ottawa, ON, Canada.](https://assets3.cbsnewsstatic.com/hub/i/r/2026/03/20/4e3a863c-496a-405e-b4cb-9bb704027ac5/thumbnail/640x360/23d7c78f0b2cd82687b7e3ec795c508f/gettyimages-2266947333.jpg#)
Brady Tkachuk scored with 11.1 seconds left to give the Senators a 3-2 victory over the Islanders on Thursday night.
The Blue Jackets beat the Rangers 6-3 on Thursday night, keeping alive hopes for their first playoff berth since the 2019-20 season.
Hundreds of New York University's non-tenured faculty members say they're prepared to walk off the job, impacting about 25% of classes.
The NYPD said the deadly crash in Harlem happened Thursday night on West 125th Street near Adam Clayton Powell Boulevard.
A New York City high school student who was detained by ICE and spent nearly a year in a detention center is finally home.
Child care provider Bright Horizons has agreed to give up its permit for a Manhattan day care center.
The family of a man killed in a crash involving an FDNY truck and an Access-A-Ride bus in Brooklyn last week is planning to take legal action.
The New York City area will be under a wind advisory Monday with periods of heavy rain and severe thunderstorms expected across the region.
The New York area is in for a mild weekend before the weather takes a turn to start the work week.
It will be rainy on Thursday morning, and the weather will change to snow as temperatures drop across the Tri-State Area.
Thunderstorms are expected in New York, New Jersey and Connecticut this weekend after severe weather hit the Midwest.
Periods of rain will move through the New York area Thursday, but spring temperatures are on the way for the weekend.
Last year, electricity rates in New Jersey spiked more than almost any other state, according to a new congressional report.
Montclair School District Board of Education members broke down in tears as they voted to close Renaissance Middle School.
Video shows firefighters dousing the smoldering roof of the structure on Old York Road in Branchburg, New Jersey.
Grubhub is launching New Jersey's first commercial food delivery by drone. CBS News New York has learned more about the high-tech service and how it's expected to work.
Officials say James Hadley, a New Jersey coach and educator, may have assaulted other victims.
A driver was indicted on manslaughter and assault charges Thursday in a deadly crash that killed two teenagers on Long Island back in January.
Tens of thousands of customers lost power across the New York-New Jersey area as severe weather whipped through the region.
Ten people and six vehicles were involved in the fatal accident on Long Island, according to New York State Police. Two people in their 80s were killed.
St. John's, Hofstra and LIU are scheduled to play Friday in the 2026 NCAA men's basketball tournament.
Prosecutors said Matthew Smith fended off efforts to hand over his car keys before the crash that killed Nassau County police officer Patricia Espinosa.
Last year, electricity rates in New Jersey spiked more than almost any other state, according to a new congressional report.
Mayor Zohran Mamdani is taking the first steps toward overhauling how the city responds to 911 calls involving mental health problems.
The MTA announced plans to replace thousands of New York City's decades-old subway cars with new models.
New York City will no longer criminally enforce minor traffic offenses for cyclists and e-bike riders, the Mamdani administration announced Wednesday.
The Mamdani administration has asked a court to allow them to stop representing former Mayor Eric Adams in a sexual assault case.
Older adults in New Jersey recorded the highest number of suspected overdose deaths in 2025, according to the New Jersey Department of Health.
The first case of mpox clade I has been detected in New York City, health officials said Friday. Of the two types of mpox, clade I is known to cause more severe disease and death.
Heights University Hospital, formerly known as Christ Hospital, shuttered its emergency room Saturday night.
New Jersey Sen. Andy Kim is opening up about his father's Alzheimer's diagnosis in hopes of helping others struggling like him to care for their loved ones.
A new study shows toxic forever chemicals known as PFAS may be entering the food chain on Long Island through contaminated soil, water and air.
Michael B. Jordan's best actor win at Sunday night's Academy Awards resonated at his alma mater, Arts High School in Newark.
"One Battle After Another" took home several big awards, including Best Picture, Best Director and the newly created Best Casting.
Hollywood's biggest stars were honored at the 98th annual Academy Awards on Sunday. Here is what to know and how to watch the 2026 Oscars.
Legendary New York City television news anchor Ernie Anastos has died. His wife says he died early Thursday morning of pneumonia.
Ballerina Misty Copeland responded to controversial comments made by actor Timothée Chalamet when he appeared to dismiss the significance of ballet and opera, saying, "No one cares."
Brady Tkachuk scored with 11.1 seconds left to give the Senators a 3-2 victory over the Islanders on Thursday night.
The Blue Jackets beat the Rangers 6-3 on Thursday night, keeping alive hopes for their first playoff berth since the 2019-20 season.
Howie Rose, the longtime play-by-play voice of the New York Mets on the radio, says the upcoming 2026 season will be his last.
The Oklahoma City Thunder beat the Brooklyn Nets 121-92 on Wednesday night for their 10th straight win.
The New Jersey Devils beat the New York Rangers 6-3 on Wednesday night for their third straight victory.
Members of the Apollo Theater, where Kiki Shepard left her mark for 15 years, reflect on her legacy after the Harlem icon's death at age 74.
The Rev. Al Sharpton is calling on New York City to help protect the Merchant's House Museum in Manhattan after a recent discovery revealed connections to the Underground Railroad.
A Harlem school is teaching students how to love, honor and care for their natural hair.
The NYC DEP has announced plans to clean Flushing Creek with chlorine, sparking outrage among some environmentalists.
Neighbors and local businesses in Long Island City, Queens, say rental trucks parked on streets are impacting daily operations.
The Halloween tradition strolled through Manhattan's East Village on Sunday, with furry friends dressed in colorful costumes.
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.
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.
Israel and Iran launched more missiles Friday, but Israel vowed no further attacks on a major oil field in Iran. CBS News' Jarred Hill reports.
Tony Sadiku has the Tri-State Area's updated Friday morning First Alert Forecast on CBS News New York.
Hundreds of New York University's non-tenured faculty members say they're prepared to go on strike. CBS News New York's Christina Fan reports.
The NYPD said the late-night shooting happened on Fulton Street in Bed-Stuy.
Police said it started when a Hyundai driver slammed into two men at 125th Street and Adam Clayton Powell Boulevard. CBS News New York's Elijah Westbrook reports.
