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.
Some communities in New Jersey that faced flooding earlier this week are on edge with more rain possible Thursday.
Jalen Brunson's jersey that he wore during Game 1 of the NBA Finals sold for more than $1 million at an auction Wednesday.
Police are asking for help finding Anthony Robinson, 42, who allegedly raped two women in the same area in the Bronx.
A man was arrested after police said he threw Molotov cocktails at Iglesia Bautista El Mesias and the Kingdom Hall of Jehovah's Witnesses in Queens.
The new American Express headquarters will become the final commercial office building at the World Trade Center complex by 2031.
Some communities in New Jersey that faced flooding earlier this week are on edge with more rain possible Thursday.
Jalen Brunson's jersey that he wore during Game 1 of the NBA Finals sold for more than $1 million at an auction Wednesday.
Police are asking for help finding Anthony Robinson, 42, who allegedly raped two women in the same area in the Bronx.
A man was arrested after police said he threw Molotov cocktails at Iglesia Bautista El Mesias and the Kingdom Hall of Jehovah's Witnesses in Queens.
The new American Express headquarters will become the final commercial office building at the World Trade Center complex by 2031.
Some communities in New Jersey that faced flooding earlier this week are on edge with more rain possible Thursday.
Severe thunderstorms swept through New York and New Jersey on Saturday night, causing damage amid Fourth of July festivities.
The brutal heat wave caused power problems across New York City on Friday.
New York City Thursday tied the record high temperature of 100 degrees set on this date in 1966.
The New York, New Jersey area is dealing with extreme heat as cooling centers, pools, parks and other resources try to keep residents cool.
Some communities in New Jersey that faced flooding earlier this week are on edge with more rain possible Thursday.
Homes and roads were inundated with floodwaters as strong storms swept through the Tri-State Area on Monday.
A roof partially collapsed Monday morning at a BJ's Wholesale Club amid heavy flooding in Ocean Township, N.J.
A whale that surfaced for air slammed into a New Jersey fire department's boat, capsizing it as it headed back from helping with Fourth of July security near New York City.
While the rain has taken place throughout the day, the possibility of thunderstorms in the New York City area will remain for the rest of the night.
Some communities in New Jersey that faced flooding earlier this week are on edge with more rain possible Thursday.
Three arrests have been made in a large-scale mail-theft scheme that struck over and over again right outside of Long Island post offices.
The CBIZ Workplace Challenge is back. The 3.5 run-walk was formerly known as the Marcum Workplace Challenge. It will be held at Jones Beach on Tuesday, July 28, 2026.
The mother of the little girl who prosecutors say endured months of torture before her death is now accusing Suffolk County and her school district of failing to protect her.
Two Long Island children were burned while trying a viral challenge involving a popular squishy toy, officials say. As a result, the Nassau County fire marshal has issued a warning.
Maine Democratic Senate candidate Graham Platner is suspending his campaign against GOP Sen. Susan Collins, after a woman accused him of sexually assaulting her five years ago.
The former Pfizer building in Midtown is among the largest office-to-residential building conversions in New York City history. The City Council has recently paved the way for similar projects.
Prosecutors revealed that the roommate of the man accused of assassinating Charlie Kirk was given "use immunity" in exchange for providing recorded video statements to investigators about the case.
The damages were awarded to Carroll, a writer, by a 2023 jury in a civil sexual abuse and defamation case.
The mother of the little girl who prosecutors say endured months of torture before her death is now accusing Suffolk County and her school district of failing to protect her.
Cooling tower testing continues on New York City's Upper East Side as the number of Legionnaires' disease cases continues to grow.
Nearly 300 cases of cyclosporiasis have been reported in New York City alone over the past two months, health officials said Wednesday.
A cluster of Legionnaires' disease cases on New York City's Upper East Side is under investigation, health officials say.
Dozens of cyclosporiasis cases were reported across New York state between May 1 and June 16, the CDC says.
Westchester County health officials say people should avoid recreational activities along a stretch of the Hudson River until further notice due to a massive raw sewage discharge.
Bonnie Tyler, the Welsh pop star best known for singing the chart-topping power ballad "Total Eclipse of the Heart" in 1983, has died. She was 75.
Taylor Swift and Travis Kelce were married in a place that generates plenty of garbage, and one man figured out there is a market for it if you package it just right.
The nominations for the 78th annual Primetime Emmy Awards were announced Wednesday morning in Los Angeles, with the final season of HBO Max's "Hacks" setting a new record for the most nominations in a single year for a comedy series.
"Dolly: A True Original Musical" will take viewers on a journey of the singer's life at the St. James Theatre on West 44th Street.
The Empire State Building lit up in blue for Taylor Swift and Travis Kelce's wedding Friday night.
Jalen Brunson's jersey that he wore during Game 1 of the NBA Finals sold for more than $1 million at an auction Wednesday.
Jared Young was plunked with the bases loaded in the eighth inning, sparking a five-run rally that lifted the Mets to a 6-2 win over the Royals.
The Tampa Bay Rays beat the New York Yankees 3-0 on Wednesday night to extend their AL East lead to five games.
Phil Regan, who pitched for four major league teams over 13 years before spending five more decades in the game as a coach, manager and scout, has died.
Tyler Tolbert tied an MLB record with hits in 12 consecutive plate appearances, finishing 5-for-6 on Tuesday night and powering the Royals to a 16-12 win over the Mets.
Eddie Palmieri, the East Harlem legend who revolutionized Latin music, now has a street renamed in his honor.
Services for the UnderServed's urban gardens and beehives provide therapeutic opportunities for New Yorkers with intellectual and developmental disabilities and behavioral health challenges
Religious institutions across the country are exploring how their properties can help address the affordable housing crisis, with a Brooklyn development offering a model for blending community needs with faith-based missions.
The Classical Theatre of Harlem's artistic director says Shakespeare's famous tragedy is more relevant today, though audiences can always expect a twist.
Brooklyn residents say loose boards and protruding nails on the Coney Island boardwalk have caused serious injuries.
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.
Honda is recalling thousands of its minivans after a rearview camera defect could increase the risk of a crash.
Parts of the Tri-State area could get some rain as some communities in New Jersey already faced flooding earlier this week. CBS News New York Meteorologist John Elliott has the forecast.
Police and emergency personnel responded to reports of a bear roaming through a White Plains neighborhood.
Construction on the final building in the World Trade Center Complex began Thursday to build the new American Express headquarters.
White Plains police officers jumped into action after receiving a call about an infant trapped inside a car in a parking garage.
