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.
The surging New York Yankees used another big inning to beat the Chicago White Sox 10-5 on Wednesday night.
A New York Knicks documentary series is in the works from director and Knicks superfan Ben Stiller.
A Brooklyn mother and her boyfriend have been charged with murder in the 2025 death of her 3-year-old son.
The owner of a luxury clothing brand is accused of running a sweatshop in New York City, the Manhattan DA said Wednesday.
The New York Mets averted being swept with a 9-1 victory over the Cincinnati Reds on Wednesday.
A New York Knicks documentary series is in the works from director and Knicks superfan Ben Stiller.
A Brooklyn mother and her boyfriend have been charged with murder in the 2025 death of her 3-year-old son.
The owner of a luxury clothing brand is accused of running a sweatshop in New York City, the Manhattan DA said Wednesday.
LaGuardia Airport shut down one of its two runways Wednesday to conduct precautionary structural testing, the Port Authority said.
An 18-year-old died after he was thrown from a horse carriage that overturned in Central Park on Wednesday.
Dangerous heat is building across the Tri-State Area with the threat of severe storms, making Thursday and Friday First Alert Weather Days.
Thursday and Friday will be First Alert Weather Days in the New York City area, with high temperatures and the chance for strong storms.
The Stamford Fire Department said high winds ripped the 3,000-square-foot flag off the pole atop the WWE building and sent it flying into electrical wires.
Storms hit the New York City area on Saturday, bringing damaging winds, hail and downpours across the region.
It's unseasonably warm in New York City on Wednesday as humidity adds to the summer-like weather. There's also a slight chance for showers in parts of the Tri-State Area.
A man was charged with assaulting an officer after he allegedly rammed his van into a U.S. Immigration and Customs Enforcement agent in New Jersey, according to prosecutors.
Six women and girls had acid thrown on them in Jersey City Monday night, officials said. It happened around 7:30 p.m. on in front of a house on Wilkinson Avenue near Ocean Avenue.
The Tuesday evening rush coincided with the end of the match between Senegal and France at MetLife Stadium.
New Jersey officials are once again urging World Cup ticket holders to lean on public transportation to get to Tuesday's match between France and Senegal.
The FBI is investigating after a U.S. Immigration and Customs Enforcement agent was struck by a vehicle and then opened fire in New Jersey on Monday morning.
Rex Heuermann was sentenced to life in prison without the possibility of parole for the series of murders known as the Gilgo Beach serial killings.
Wednesday is sentencing day for Rex Heuermann, long the suspect in Gilgo Beach serial killer case that has loomed over Long Island for more than three decades.
Tuesday was an unusual Election Day in one Long Island village. The job of mayor in Bayville is up for grabs, but no one is officially running.
The best golfers in the world and their passionate fans are descending on Shinnecock Hills Golf Club on Long Island's East End for the 126th U.S. Open.
There is good news for hard-pressed New York state residents -- 3 million will be receiving tax relief checks in the next few months.
The New York Knicks are planning to visit the White House, owner James Dolan said Wednesday, marking a first for an NBA Finals winner during President Trump's time in office.
In an exclusive interview with CBS News, retired Justice Arthur Engoron reflected on the highs and lows of the 2023 Trump civil fraud trial.
Tuesday was an unusual Election Day in one Long Island village. The job of mayor in Bayville is up for grabs, but no one is officially running.
There is good news for hard-pressed New York state residents -- 3 million will be receiving tax relief checks in the next few months.
Gov. Kathy Hochul says millions of New York homeowners are set to receive $2 billion in property tax relief.
New York broadcast giant Bill Ritter announced Friday he is stepping down from the WABC anchor desk after being diagnosed with early stage Alzheimer's.
For half a century, The Valerie Fund has been dedicated to providing care to children with cancer and blood disorders.
A New Jersey nonprofit called The Valerie Fund is celebrating 50 years of providing comprehensive care to children with cancer and blood disorders.
New Jersey Gov. Mikie Sherrill is urging people to donate blood ahead of the summer months.
There's no vaccine for the Bourbon virus, nor medicine to treat it, according to the U.S. Centers for Disease Control and Prevention.
A New York Knicks documentary series is in the works from director and Knicks superfan Ben Stiller.
New York broadcast giant Bill Ritter announced Friday he is stepping down from the WABC anchor desk after being diagnosed with early stage Alzheimer's.
Taylor Swift attended Game 4 of the NBA Finals between the Knicks and Spurs at Madison Square Garden on Wednesday.
"Schmigadoon!" — which was tied for the most nominations, with 12 — won Best Musical, and "Liberation" took home the honor of Best Play at the 2026 Tony Awards.
The Broadway revival of the musical (nominated for 11 Tony Awards) depicts drama, joy and heartbreak in the pursuit of the American Dream at the turn of the 20th century, with parallels to the contemporary world, from issues of race to the immigrant experience.
The surging New York Yankees used another big inning to beat the Chicago White Sox 10-5 on Wednesday night.
The New York Mets averted being swept with a 9-1 victory over the Cincinnati Reds on Wednesday.
The New York Knicks are planning to visit the White House, owner James Dolan said Wednesday, marking a first for an NBA Finals winner during President Trump's time in office.
Admission to the Knicks parade along the Canyon of Heroes on Thursday will be on a first-come, first-serve basis and once the pens are full, the NYPD will turn people away.
An image of Jalen Brunson and his father, Rick, in an emotional hug after the Knicks' championship win on Saturday spread rapidly. But what came before that moment says a lot more about their relationship.
A vending machine in Coney Island is offering something unusual alongside the neighborhood's classic attractions: original artwork from local artists.
A years-long battle is intensifying over the future of an old rail line in Queens that was abandoned after a fire over 50 years ago.
Harlem's historic Cotton Club recently announced it was up for sale. The news comes as jazz clubs across the borough disappear.
Jasir Gipson was shot by a stray bullet at 5 years old while walking with his mother. More than a decade later, he's graduating from high school with nothing but a smile.
Garbage piling up near freight train tracks is frustrating many Maspeth residents.
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.
An 18-year-old died Wednesday after being thrown from a horse carriage while riding with his family. CBS News New York's Adi Guajardo reports.
CBS News New York's John Elliott has your First Alert Forecast for June 17 at 11 p.m.
The Trump administration has invited the New York Knicks to the White House for a championship celebration; OG Anunoby met with fans in Yonkers, and a 5-year-old won a Jalen Brunson lookalike contest in Washington Square Park.
We are now less than 12 hours away from what's expected to be one of the biggest parades New York City has ever seen. CBS News New York's Naveen Dhaliwal reports.
The owner of a luxury clothing brand is accused of exploiting and stealing from her workers, the Manhattan District Attorney announced Wednesday.
