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.
Watch CBS News
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.
One of the highest-profile races in the midterm election cycle is the battle for New York's 17th Congressional District between two-term Republican incumbent Mike Lawler and Democratic challenger Cait Conley.
A family is grieving the loss of a husband and father of two who was struck and killed by a cyclist last week in Central Park.
Aaron Judge hopes to talk his way onto the Yankees roster for the AL Wild Card Series and into the starting lineup against the Red Sox.
Queens District Attorney Melinda Katz says DNA helped her team find the suspect who allegedly tried to kidnap a 9-year-old in Queens. She thinks he might be linked to more crimes.
CBS News New York has exclusively obtained additional video of the fraternity's group Snapchat conversation from the night a former Cornell student says she was drugged and raped inside the Chi Phi fraternity house.
One of the highest-profile races in the midterm election cycle is the battle for New York's 17th Congressional District between two-term Republican incumbent Mike Lawler and Democratic challenger Cait Conley.
A family is grieving the loss of a husband and father of two who was struck and killed by a cyclist last week in Central Park.
Aaron Judge hopes to talk his way onto the Yankees roster for the AL Wild Card Series and into the starting lineup against the Red Sox.
Queens District Attorney Melinda Katz says DNA helped her team find the suspect who allegedly tried to kidnap a 9-year-old in Queens. She thinks he might be linked to more crimes.
CBS News New York has exclusively obtained additional video of the fraternity's group Snapchat conversation from the night a former Cornell student says she was drugged and raped inside the Chi Phi fraternity house.
Although fall has recently just begun, much attention is already being turned to the upcoming winter.
The nor'easter that has been bringing bands of rain and heavy winds to New York, New Jersey and the Tri-State Area is finally clearing out.
The nor'easter is winding down, but the Tri-State Area will continue to feel its effects well into Monday.
A nor'easter is bringing more serious concerns to the Tri-State Area Sunday.
This weekend's nor'easter is bringing coastal flooding concerns and bands of rain to New York City and the Tri-State Area.
Although fall has recently just begun, much attention is already being turned to the upcoming winter.
Remnants of the nor'easter that slammed the Tri-State Area are still lingering. The storm brought rain and caused coastal flooding as well as beach erosion.
The nor'easter that has been bringing bands of rain and heavy winds to New York, New Jersey and the Tri-State Area is finally clearing out.
The nor'easter is winding down, but the Tri-State Area will continue to feel its effects well into Monday.
A nor'easter is bringing more serious concerns to the Tri-State Area Sunday.
After three days of nor'easter conditions on Long Island, the cleanup and damage assessment continued on Monday.
As CBS News New York's Jennifer McLogan reports, the South Shore town of Lindenhurst was hit especially hard.
Although fall has recently just begun, much attention is already being turned to the upcoming winter.
Lindenhurst residents are coping with inundating waters. CBS News New York's Jennifer McLogan reports.
The nor'easter that has been bringing bands of rain and heavy winds to New York, New Jersey and the Tri-State Area is finally clearing out.
One of the highest-profile races in the midterm election cycle is the battle for New York's 17th Congressional District between two-term Republican incumbent Mike Lawler and Democratic challenger Cait Conley.
New Jersey's former lieutenant governor is breaking his silence a day after resigning from office.
Twenty-five years ago, a Soviet-designed helicopter crossed the mountains of Afghanistan with the first CIA officers sent into the country after 9/11, the opening move in what would later become America's longest war.
New Jersey Lt. Gov. Dale Caldwell submitted his resignation Friday, Gov. Mikie Sherrill announced.
Iran had presented a seven-day plan to reopen the Strait of Hormuz and return to negotiations for a lasting end to the war.
CBS News New York's Jennifer Bisram shares the personal details of her life-or-death brain aneurysm scare.
An 86-year-old Long Island grandfather is cancer-free thanks to medical advances and a doctor who took on a risky case.
New York City health officials have identified cooling towers potentially linked to a Legionnaires' disease cluster in the South Bronx.
NYU Langone has reached an agreement with the Justice Department to end gender-affirming care for minors.
A second person has died in the Legionnaires' disease cluster in the South Bronx.
Madonna won Artist of the Year while Taylor Swift became the most awarded artist in Video Music Awards history.
Challenging documentaries and award-winning features are among the offerings of New York City's leading cinema event, starring such luminaries as Pedro Pascal, Adam Driver, Scarlett Johansson, Julianne Moore and Godzilla.
The 2026 Global Citizen Festival that was set to take over the Great Lawn in New York City's Central Park Saturday has been canceled.
The anonymous woman who accused Jay-Z of sexually assaulting her said in a new court filing that she never met the rap mogul.
Thousands are expected to pack Central Park's Great Lawn for a day full of live music on Saturday.
Aaron Judge hopes to talk his way onto the Yankees roster for the AL Wild Card Series and into the starting lineup against the Red Sox.
The Minnesota Vikings are moving on from former first-round pick quarterback J.J. McCarthy.
Andrés Chaparro homered twice and the Nationals defeated the Mets 6-4 on Sunday in the season finale for both teams.
The Giants held on to beat the Titans 12-7 on Sunday, but lost their most important defensive player, Brian Burns, to a knee injury.
Jahmyr Gibbs had a go-ahead 11-yard reception with 2:25 left for his third touchdown of the game and the Detroit Lions held on to beat the New York Jets 31-24 on Sunday.
A weeks-long effort to build an accessible outdoor gathering space brings South Brooklyn's Jewish community together for Sukkot.
Maimonides Medical Center expanded its neonatal intensive care unit to 48 beds in 2024, the largest Level IV NICU in Brooklyn, as families navigate lengthy hospital stays with their most fragile newborns.
Neighbors have been waiting since 2021 for the bridge over the Belt Parkway to be rebuilt and reconnect Bath Beach with the waterfront.
The People's Theatre now has its first permanent home in more than 15 years, thanks to help from theater legends from the neighborhood, like Lin-Manuel Miranda.
Brooklyn Greenway Initiative's 1.8-acre native plant sanctuary marks 10 years at a site where historians believe hundreds of human remains still lie
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.
The district, which encompasses all of Rockland and Putnam counties and parts of Westchester and Dutchess counties, is considered one of the key prizes of the midterm election cycle. CBS News New York's Dick Brennan reports.
CBS News New York's Lonnie Quinn says we'll even see temperatures in the low 80s later in the week.
Loved ones say the 41-year-old was hit as he was walking to work last week. CBS News New York's Adi Guajardo reports.
Tompkins County prosecutors have now reopened the investigation into the alleged attack at a fraternity house at the upstate New York school in 2024. CBS News New York's Mahsa Saeidi has the story.
CBS News New York's Noëlle Lilley has more on what it means to survive and thrive in one of Manhattan's busiest commercial corridors.
