New student loan repayment plan could cut monthly payments for 20 million
Monthly loan payments may drop, based on a borrower's income.
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Monthly loan payments may drop, based on a borrower's income.
Only one-third of borrowers are aware that loan repayments will restart in October, a new survey found.
Now that the Supreme Court has ruled against the Biden administration's plan to cancel student loans, millions of borrowers have a lot of questions. We hear from CBS News Business Analyst Jill Schlesinger for her answers.
In a separate ruling, the justices dealt what's being called a major setback for LGBTQ+ rights.
CBS News Business Analyst Jill Schlesinger answers your biggest questions after the Supreme Court ruling on Biden's student loan forgiveness plan.
"We'll use every tool at our disposal to get you the student debt relief you need to reach your dreams," President Biden said.
About 40 million Americans are no longer eligible for debt relief after the Supreme Court threw out President Biden's student loan forgiveness plan.
The Supreme Court struck down President Biden's student loan forgiveness plan, denying relief to 40 million Americans who stood to benefit from the program.
Will affirmative action become a thing of the past? CBS2 spoke to local experts about both cases on Wednesday.
President Joe Biden has vowed to veto any legislative effort to thwart his student loan relief program.
The court will consider whether President Biden has the authority to wipe away billions of dollars in loan debt for millions of Americans.
This case was brought by two borrowers in Texas who have outstanding student loans.
In their appeal, attorneys for several Republican-led states said the plan will irreparably harm their states' student loan programs.
President Biden announces new college-debt forgiveness site, calling it a "game changer for millions of Americans."
The governor says she is signing a bill to include in the initiative teachers and faculty who work 30 hours a week.
More than 40 million Americans may qualify, with income the main factor that determines who qualifies for relief.
The White Sox stayed 1 1/2 games ahead of Cleveland in the AL Central.
The Atlanta Braves beat the Mets 1-0 on Wednesday to split a day/night doubleheader.
One child was found dead Wednesday night after going missing in the Passaic River in New Jersey, officials say.
NYC Mayor Zohran Mamdani is responding to criticism from some New York attorneys over the lack of Jewish representation on his judicial panel.
Republican New York gubernatorial candidate Bruce Blakeman is deploying a campaign strategy that echoes the national GOP playbook — attack Mayor Zohran Mamdani.
NYC Mayor Zohran Mamdani is responding to criticism from some New York attorneys over the lack of Jewish representation on his judicial panel.
Republican New York gubernatorial candidate Bruce Blakeman is deploying a campaign strategy that echoes the national GOP playbook — attack Mayor Zohran Mamdani.
Just months after the last MTA fare hike took effect, the agency is already looking ahead to the next one.
Santiago's Beer Garden in East Harlem is bouncing back thanks to support from the community after a devastating fire in November.
A teen on an illegal e-bike died in a crash with an SUV in Lower Manhattan Wednesday, police said.
It's another rainy day in the Tri-State Area with a flood watch for parts of New York and Connecticut.
There was a tornado warning in Sussex and Warren Counties in New Jersey as more severe weather passed through our area.
Weather conditions go downhill Tuesday and Wednesday with rain and potentially strong storms on deck for the New York area.
Severe weather impacted the entire region on Tuesday, with watches and warnings throughout the CBS News New York viewing area.
Stormy weather will return to the New York City area Tuesday after a brief reprieve.
One child was found dead Wednesday night after going missing in the Passaic River in New Jersey, officials say.
A utility pole came toppling down and dragged power lines down with it, sparking a fire that spread to several cars on Wednesday morning.
It's another rainy day in the Tri-State Area with a flood watch for parts of New York and Connecticut.
Severe storms in New Jersey brought lightning and heavy rain, with several towns experiencing flash flooding Tuesday.
Radar estimated rainfall totals in portions of Morris County were up to 6.4 inches at around 11 p.m. In Essex County, the same estimate found 4.7 inches of rain.
Nassau lawmakers have unanimously approved a new program aimed at supporting neurodivergent drivers if they're pulled over by police. CBS News New York's Jennifer McLogan reports.
A school music teacher allegedly raped and strangled his sister-in-law in a "planned, twisted attack" last month on Long Island, prosecutors said. CBS News New York's Carolyn Gusoff reports.
A school music teacher allegedly raped and strangled his sister-in-law in a "planned, twisted attack" last month on Long Island, prosecutors said Wednesday.
It's another rainy day in the Tri-State Area with a flood watch for parts of New York and Connecticut.
Auto repair and detailing have long been a male-dominated world. On Long Island, a growing business run by women is helping to change that.
Republican New York gubernatorial candidate Bruce Blakeman is deploying a campaign strategy that echoes the national GOP playbook — attack Mayor Zohran Mamdani.
Dr. Anthony Fauci appeared before the Senate to testify on the origins of the COVID-19 pandemic but invoked his Fifth Amendment rights in answering all questions.
Letters have been sent to thousands of New York City homeowners, stating they may have to pay the new controversial pied-à-terre tax. But some residents say they shouldn't be on that list.
Family members who lost loved ones on 9/11 have started an online petition calling for New York City Mayor Zohran Mamdani not to attend the 25th 9/11 remembrance ceremony.
A memorial tribute was held in Central Park on Monday afternoon for Romanch Mahajan, the teenage tourist who died last month in a runaway horse carriage accident.
Thirty-four cooling towers at 33 buildings on the Upper East Side tested positive for live Legionella bacteria, the New York City Health Department announced Tuesday.
An attorney representing an Upper East Side woman whose husband just died from Legionnaires' disease is planning to take legal action.
Studies show older adults are among the safest drivers on the road, but crashes involving seniors are on the rise.
For the third day in a row, the NYC Health Department has announced a death in the Upper East Side Legionnaires' disease cluster.
A second death has been reported in connection to the Legionnaires' disease cluster on the Upper East Side, health officials said Saturday.
A new Broadway show based on Prince's movie and album "Purple Rain" will take the stage at Broadway's Majestic Theatre in March.
Carly Simon, the singer known for 1970s hits like "You're So Vain," announced she has Parkinson's disease and also was treated for basal cell carcinoma.
Paramount Skydance on Friday said it would delay the deal until as late as June 2027.
Madonna, Justin Bieber, BTS and Shakira each brought a bit of one of their hits to the World Cup's first halftime show in a whirlwind performance Sunday that also squeezed in Burna Boy, Ted Lasso and many Muppets.
Brenda Fricker won an Academy Award for 1989's "My Left Foot," played the Pigeon Lady in "Home Alone 2" and appeared in "A Time to Kill" and "So I Married an Axe Murderer."
The White Sox stayed 1 1/2 games ahead of Cleveland in the AL Central.
The Atlanta Braves beat the Mets 1-0 on Wednesday to split a day/night doubleheader.
Carson Benge hit a tie-breaking RBI double in the seventh inning Wednesday, lifting the Mets to a 3-2 victory over the Braves.
The New York Yankees beat the Chicago White Sox on Monday night in the opener of a four-game series between playoff contenders.
Francisco Lindor homered twice and tripled off the top of the fence, driving in six runs as the Mets pulled away for a 14-3 victory over the Braves on Monday night.
Parents in Harlem say their children's walk to summer camp is littered with trash, illegal dumping and a growing encampment.
A specialized program from God's Love We Deliver is serving nearly 400 veterans with medically tailored meals, while helping combat isolation and ease the challenges of life after military service.
The Newtown Creek Alliance community science project gives students hands-on experience monitoring the health of one of the most polluted waterways in the U.S.
The FIFA World Cup is delivering a business boost for many bars and restaurants across New York City, but not every industry is seeing the same payoff.
Two Upper West Side children went on a mission to visit 40 playgrounds in one day, hoping to set a record.
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.
One child was found dead Wednesday night and another remains unaccounted for after going missing in the Passaic River in New Jersey, officials say. CBS News New York's Andrew Ramos reports.
Hundreds gathered in Central Park on Wednesday to watch the story of a beloved New York bird on the big screen. A new documentary premiered celebrating Flaco the owl's extraordinary journey. CBS News New York's Naveen Dhaliwal reports.
Crews cleared a tree from a home in Maplewood, New Jersey, after it crashed through the roof during Tuesday's storms.
The man who tried to kill author Salman Rushdie in 2022 was convicted on federal terrorism charges Wednesday.
Parents, teachers and students rallied in New York City on Wednesday to fight artificial intelligence in the classroom.
