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.
Three people were arrested for allegedly using UPS package delivery services to smuggle large amounts of cocaine into Manhattan and Brooklyn.
A former New Jersey correctional police officer pleaded guilty to smuggling contraband into Northern State Prison, Attorney General Jennifer Davenport announced Wednesday.
The Carnegie Deli, a legendary New York City institution, is making a comeback.
Moderna and Merck announced study results that reflect a "landmark moment" in treatment for one of the deadliest forms of skin cancer.
A North American river otter was seen for the first time in 100 years, demonstrating signs of conservation and restoration of the Bronx River.
Three people were arrested for allegedly using UPS package delivery services to smuggle large amounts of cocaine into Manhattan and Brooklyn.
The Carnegie Deli, a legendary New York City institution, is making a comeback.
A North American river otter was seen for the first time in 100 years, demonstrating signs of conservation and restoration of the Bronx River.
A father and husband is dead after a car crashed into him while he was riding his bike home in a hit-and-run in the Bronx.
An emotional vigil was held Tuesday evening in the Bronx for Riley Billingslea, a 15-year-old who police say was found shot to death last week in a Kingsbridge Heights apartment building.
Rainy weather returns to the New York City area Sunday, bringing with it the threat of flooding.
Bayonne, New Jersey, is heading to the Little League World Series after beating Darien, Connecticut, in the Metro Region Tournament on Friday.
We're in great shape on this Friday as we gear up for another weekend.
The potential for severe storms and downpours returns to the Tri-State Area Monday as sweltering temperatures continue.
Monday will be a First Alert Weather Day due to the possibility of afternoon and evening thunderstorms and high heat indices near 100 degrees.
A former New Jersey correctional police officer pleaded guilty to smuggling contraband into Northern State Prison, Attorney General Jennifer Davenport announced Wednesday.
As we approach the 25th anniversary of the Sept. 11, 2001, terror attacks, there is an ongoing fight to repair Jersey City's memorial for the victims.
Residents in Keyport, New Jersey, have been saying for months they fear a cancer cluster in their community that sits near a former landfill and aircraft hub.
There was a pair of protests Monday in Jersey City, New Jersey, including one against Mayor James Solomon's proposed 15.5% tax hike due to a deficit he blames on the past administration.
Amtrak is reopening part of the 116-year-old East River Tunnel that underwent major renovations after being damaged by Hurricane Sandy in 2012.
A kitten had to be rescued after becoming stranded Tuesday morning on Long Island's Sunrise Highway.
A tiny 8-week-old kitten was spotted by multiple drivers on top of the concrete median in the middle of the road.
There was a gathering Monday in the Long Island town of Shirley to denounce the words of hate scrawled on a banner. CBS News New York's Carolyn Gusoff has the story.
Elected officials and Islamic leaders on Long Island gathered Monday to condemn an act of hate that took place over the weekend.
Elected officials and Islamic leaders on Long Island gathered Monday to condemn an act of hate that took place over the weekend. CBS News New York's Carolyn Gusoff reports.
As we approach the 25th anniversary of the Sept. 11, 2001, terror attacks, there is an ongoing fight to repair Jersey City's memorial for the victims.
The New York City Council held an hours-long hearing Tuesday afternoon on the controversial new pied-à-terre tax rollout.
There are mounting questions and frustration over New York City's pied-à-terre tax, and they're not likely to end soon.
There was a pair of protests Monday in Jersey City, New Jersey, including one against Mayor James Solomon's proposed 15.5% tax hike due to a deficit he blames on the past administration.
Randy Mastro, a former federal prosecutor who has held high City Hall posts in two administrations, is raising the issue of open primaries, where all registered voters can participate regardless of party affiliation.
Moderna and Merck announced study results that reflect a "landmark moment" in treatment for one of the deadliest forms of skin cancer.
Two more deaths have been reported in connection to the Legionnaires' disease cluster on the Upper East Side, health officials said Friday.
Jones Beach is back open for swimmers after it was prohibited due to elevated bacterial levels. The rare shutdown took place from Thursday afternoon through midday Friday.
New Yorkers who buy their own health insurance could pay more as insurers file requests with the State Department of Financial Services to increase premiums.
In a wide-ranging interview with the CBS News partner BBC News, Hunter Biden grew emotional as he discussed his father's condition, describing it as very sad to watch.
"Today, Elwood and I lost a great friend and collaborator, and the world lost one of the most naturally innovative drummers and a great and true son of Texas," ZZ Top's Billy Gibbons said in a statement.
Brian Hickerson and his brother, Zach, made the 911 call that brought first responders to the apartment where Hayden Panettiere was found unresponsive.
Hayden Panettiere, who starred in "Remember the Titans" as a child actor and rose to fame in the series "Heroes," has died at the age of 36. The coroner's office says she was found in cardiac arrest.
The lineup for the 2026 Global Citizen Festival in New York City was announced Thursday.
Latin music stars Marc Anthony, Feid, and others are set to perform at a benefit concert in Miami on August 16.
Fernando Tatis Jr. robbed New York's Francisco Lindor of a grand slam and hit two homers, leading the Padres to a 5-2 win over the Mets on Tuesday night.
Trent Grisham hit his 17th home run in the third inning and had a two-run single in the seventh to propel the New York Yankees to a 3-1 victory over the Baltimore Orioles on Tuesday night.
With their 2-1 win over the Padres on Monday night, the Mets have now won 10 of 13.
Bruno Damiani scored his first two goals of the season, and the Philadelphia Union rallied from two goals down to beat New York City FC 3-2 on Sunday night at Yankee Stadium.
Christian Scott pitched into the seventh inning and Luis Torrens hit a two-run homer Sunday, helping the surging Mets to a 4-3 win over the Nationals and a three-game series sweep.
The owner of a beloved Harlem food truck known for its burgers under $5 is retiring and selling the business.
The historic Art Deco bathhouse at Jacob Riis Park is getting a new life as the Rockaway Ocean Club. But as the long-dormant building reopens, some locals are questioning who will have access to its amenities.
Some residents of a Queens building say a temporary boiler truck parked outside has become a nearly two-year fixture, emitting smoke they say drifts into their homes.
Harlem Week 2026 brings past and present Harlemites together to honor the neighborhood's legacy.
Parents in Harlem say their children's walk to summer camp is littered with trash, illegal dumping and a growing encampment.
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.
A tiny 8-week-old kitten was spotted by multiple drivers on top of the concrete median in the middle of the road.
The Mamdani administration is looking into curbside trash collection involving top-loading trucks instead of side-loading ones, according to StreetsBlog New York City.
Alisa Goods disappeared after traveling to Las Vegas, and more than a week later, her family is receiving messages from her phone asking for cash and bitcoin. CBS News New York's Elijah Westbrook reports.
There were elections across the country Tuesday, with Florida being a notable one as the race to replace the governor heats up. CBS News' Jarred Hill reports.
Larry Montes is being accused of creating a violent disturbance inside a New York City synagogue. CBS News New York's Christina Fan reports.
