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.
A 3-month-old baby was rescued by White Plains officers after becoming accidentally locked inside a car in a parking garage.
Flash flood warnings have been issued in New York City and New Jersey days after the region faced severe flooding in another storm.
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.
A 3-month-old baby was rescued by White Plains officers after becoming accidentally locked inside a car in a parking garage.
Flash flood warnings have been issued in New York City and New Jersey days after the region faced severe flooding in another storm.
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.
Flash flood warnings have been issued in New York City and New Jersey days after the region faced severe flooding in another storm.
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.
Flash flood warnings have been issued in New York City and New Jersey days after the region faced severe flooding in another storm.
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.
Flash flood warnings have been issued in New York City and New Jersey days after the region faced severe flooding in another storm.
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.
NYC Council Speaker Julie Menin is calling for the cleaning of these cooling towers as an outbreak of Legionnaires' disease continues on Manhattan's Upper East Side.
Work continues to stabilize the building on the East Side after columns buckled, causing evacuations and road closures earlier this week. CBS News New York's Tim McNicholas reports.
A 36-year-old man is being questioned. CBS News New York's Alice gainer has the story from Ozone Park.
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.
