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.
Singer-songwriter Gavin DeGraw turned to social media for help reconnecting with a New York City bartender after a memorable performance this week.
Ryan McMahon broke out of his season-long slump with a tiebreaking, two-run homer in the eighth inning as the Yankees beat the Royals 4-2 on Friday night.
The murder case surrounding the 1979 disappearance of 6-year-old Etan Patz in NYC is on track for a third trial.
Air Canada said its flights from Toronto and Montreal to New York City's JFK will cease June 1 and resume Oct. 25.
A young Long Island man who overcame autism to graduate high school as valedictorian is now poised to graduate from Hofstra with top honors.
Singer-songwriter Gavin DeGraw turned to social media for help reconnecting with a New York City bartender after a memorable performance this week.
The murder case surrounding the 1979 disappearance of 6-year-old Etan Patz in NYC is on track for a third trial.
Air Canada said its flights from Toronto and Montreal to New York City's JFK will cease June 1 and resume Oct. 25.
A young Long Island man who overcame autism to graduate high school as valedictorian is now poised to graduate from Hofstra with top honors.
New York City Mayor Zohran Mamdani is brushing off a social media attack by President Trump about his taxing policies.
New York City's balmy weather proved to be record-breaking for the date of April 15.
Parts of the New York area could see record high temperatures during a summerlike stretch of weather this week.
A major warmup, featuring summer-like temperatures in the 80s, will take over the Eastern Seaboard beginning Monday.
New York City and the Tri-State Area are finally turning the corner to warmer weather this week.
When UConn plays Michigan for the NCAA Men's Basketball championship tonight in Indianapolis, there are a few places in New York City where fans can root on their schools.
NJ Transit and the NYNJ Host Committee announced their plan for transportation and parking ahead of the FIFA World Cup games at MetLife Stadium.
Gov. Mikie Sherrill is sounding off about the cost of getting to and from the FIFA World Cup games at MetLife Stadium this summer.
CBS News projects that Democrat Analilia Mejia will win the special election in New Jersey's 11th Congressional District, a seat formerly held by Gov. Mikie Sherrill.
Parking at MetLife Stadium will not be allowed during the FIFA World Cup games there this summer.
CBS News New York is investigating the cashless tolling system in New York and New Jersey. Unpaid tolls can spiral into crushing debt — but that's just one of many issues drivers face.
A young Long Island man who overcame autism to graduate high school as valedictorian is now poised to graduate from Hofstra with top honors.
New York families rely on state records to make sure car purchases are legit, but what happens when those records are wrong?
A Marine Corps veteran is walking more than 100 miles from eastern Long Island to Staten Island to support a little girl battling cancer.
A Nassau County man faces multiple charges are he allegedly tried to lure an 11-year-old earlier this week.
Eisenhower Park in East Meadow, Long Island has reopened after a deadly gang-related shooting Wednesday night.
President Trump spoke with CBS News Friday in a new telephone interview.
The wife of New York City Mayor Zohran Mamdani has apologized for what she says were "harmful" social media posts she made as a teenager.
The federal government is withholding $73 million in highway funds from New York, Transportation Secretary Sean Duffy said Thursday.
New York City Mayor Zohran Mamdani said he and President Trump are "honest, direct about the fact that we have many disagreements," but they agree on their love for New York City.
New York City Mayor Zohran Mamdani spoke with "CBS Mornings" on Thursday and reflected on his first 100 days in office.
Advocates fear New York state could be taking a step back when it comes to biomarker testing access for those with Medicaid.
What started as a sinus infection left a Long Island teenager fighting for his life, requiring emergency brain surgery.
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.
Singer-songwriter Gavin DeGraw turned to social media for help reconnecting with a New York City bartender after a memorable performance this week.
New York City Mayor Zohran Mamdani and his wife Rama Duwaji will not attend this year's Met Gala, sources said.
The Rock And Roll Hall of Fame unveiled its list of inductees for 2026, and it includes the Wu-Tang Clan, the legendary, local hip-hop collective.
Jury selection for Harvey Weinstein's rape retrial in a Manhattan courtroom began Tuesday. He is being accused of raping actress Jessica Mann in 2013.
Afrika Bambaataa, a rapper and producer, was best known for breakthrough tracks like 1982's "Planet Rock" and for founding the Universal Zulu Nation art collective.
Ryan McMahon broke out of his season-long slump with a tiebreaking, two-run homer in the eighth inning as the Yankees beat the Royals 4-2 on Friday night.
Moisés Ballesteros, Nico Hoerner and Ian Happ homered, and the Chicago Cubs handed the Mets their ninth straight loss, pounding New York 12-4.
NJ Transit and the NYNJ Host Committee announced their plan for transportation and parking ahead of the FIFA World Cup games at MetLife Stadium.
Mike Trout homered for the fifth time during a four-game series on Thursday, crushing a long drive in the seventh inning for the Angels in an 11-4 victory over the Yankees.
Gov. Mikie Sherrill is sounding off about the cost of getting to and from the FIFA World Cup games at MetLife Stadium this summer.
Students at M.S. 407 transform a barren space into a habitat for bees and butterflies, part of a broader city push to expand pollinator-friendly green spaces.
Brooklyn officials announced a first-of-its-kind initiative to build sensory rooms in every District 75 elementary school.
New York City Mayor Zohran Mamdani's administration unveiled a dramatic traffic redesign at Brooklyn's Grand Army Plaza.
New York City business owners are pushing on the State Legislature to pass Gov. Kathy Hochul's reforms that would roll back some of the climate legislation passed by New York state in 2019.
Ismael Ox lost his right hand as a child in a grenade attack, survived homelessness in the U.S., and became a citizen, all while training to represent Team USA in para Taekwondo.
People dressed in elaborate headgear and paraded up Fifth Avenue for New York City's Easter Sunday tradition.
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.
The annual Easter Parade and Easter Bonnet Festival was held in Manhattan on April 20, 2025.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
CBS News New York's Scott Padgett has your First Alert Forecast for April 17 at 11 p.m.
President Trump is portraying peace talks with Iran as nearly complete and predicting a quick wrap-up of the war, but Iran is pushing back on several fronts, including the president's claim there's a deal over Iran's stockpile of Uranium. CBS News New York's Tony Aiello reports.
FIFA World Cup ticket holders now know how much it will cost to travel to and from MetLife Stadium this summer, and it's a pretty penny. CBS News New York's Andrew Ramos reports.
Saturday is National Record Store Day, celebrating independent record shops across the country. This comes as new data shows interest in vinyl is only getting stronger. Meanwhile, there are questions about the environmental impact. Jarred Hill reports.
Charges have been filed against a woman accused of setting several fires in Maspeth, Queens, on Monday night.
