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.
Jason Collins, the NBA's first openly gay player, who went on to become a pioneer for inclusion and an ambassador for the league, has died, his family announced Tuesday.
With just weeks to go until the start of the FIFA World Cup, hotels across the Tri-State Area are racing to cash in on the tourism boom.
During this year's commemoration ceremony in Lower Manhattan to mark 25 years since the Sept. 11 terror attacks, a new moment of silence will be added for those who have died from 9/11-related health effects.
"McMansions" are now banned in the Long Island town of Levittown, America's first suburb. The decision was made following heated hearings that took place over multiple meetings.
New Jersey Gov. Mikie Sherrill Tuesday rolled out a new plan to tackle some of the most common complaints about NJ Transit.
With just weeks to go until the start of the FIFA World Cup, hotels across the Tri-State Area are racing to cash in on the tourism boom.
During this year's commemoration ceremony in Lower Manhattan to mark 25 years since the Sept. 11 terror attacks, a new moment of silence will be added for those who have died from 9/11-related health effects.
"McMansions" are now banned in the Long Island town of Levittown, America's first suburb. The decision was made following heated hearings that took place over multiple meetings.
A plan to bring a large luxury resort to a small Catskills town is temporarily on hold. Residents argued the environmental review was inadequate, and a judge agreed.
American passengers on the MV Hondius cruise ship, which was hit with a deadly outbreak of the hantavirus, are back in the U.S. Three of the at least 10 people confirmed infected in the outbreak have died.
An unsettled pattern continues through the entire Mother's Day weekend in the New York City area.
After summer-like warmth, rainy weather and cooler temperatures return to the New York City area mid-week.
A cool weekend is ahead for the New York City area before warmer weather returns.
Some residual showers may linger into early Sunday morning, but the majority of the rainfall should be over by sunrise.
Amtrak announced Thursday it is suing Metro-North for allegedly blocking nonrevenue trains on a portion of the busy Northeast Corridor for over two months.
With just weeks to go until the start of the FIFA World Cup, hotels across the Tri-State Area are racing to cash in on the tourism boom.
New Jersey Gov. Mikie Sherrill Tuesday rolled out a new plan to tackle some of the most common complaints about NJ Transit.
Incumbent Mayor Ras Baraka will face seven challengers and 19 candidates will vie for four at-large council seats when voters go to the polls on Tuesday.
Police are investigating after six people were shot at Rosa Parks Boulevard and Godwin Avenue in Paterson, New Jersey.
A man was arrested after a police standoff forced Bridgewater, New Jersey, residents to shelter in place for over 24 hours, officials say.
"McMansions" are now banned in the Long Island town of Levittown, America's first suburb. The decision was made following heated hearings that took place over multiple meetings.
Talks to avert an LIRR strike are set to continue Wednesday. The strike, if it happens, could begin as soon as midnight on Saturday.
Southampton Police shot and killed a 28-year-old man who was stabbing and slashing his mom with a knife on Mother's Day, police said.
Steven Schwally was allegedly drunk when his car slammed into a Deer Park nail salon in 2024. The crash killed four people, including an off-duty NYPD officer.
The threat of an LIRR strike is hanging over nearly 300,000 daily riders and could start as soon as Saturday.
During this year's commemoration ceremony in Lower Manhattan to mark 25 years since the Sept. 11 terror attacks, a new moment of silence will be added for those who have died from 9/11-related health effects.
New Jersey Gov. Mikie Sherrill Tuesday rolled out a new plan to tackle some of the most common complaints about NJ Transit.
New York City Mayor Zohran Mamdani said Tuesday his team has balanced the budget, closing a gap of more than $12 billion that he says he inherited.
Incumbent Mayor Ras Baraka will face seven challengers and 19 candidates will vie for four at-large council seats when voters go to the polls on Tuesday.
The Democratic primary in the 10th Congressional District is an intense fight where former New York City Comptroller Brad Lander is trying to unseat Rep. Dan Goldman.
American passengers on the MV Hondius cruise ship, which was hit with a deadly outbreak of the hantavirus, are back in the U.S. Three of the at least 10 people confirmed infected in the outbreak have died.
Three New Yorkers are among the 18 people being quarantined in Nebraska and Atlanta due to hantavirus concerns.
An American on the repatriation flight began showing symptoms of hantavirus and another "tested mildly PCR positive for the Andes virus," the Department of Health and Human Services says.
More than 100 people from a cruise ship dealing with an outbreak of the rare and deadly hantavirus are set to be disembarked.
Two New Jersey residents were potentially exposed to a person infected with hantavirus, according to health officials.
The well-known film critic and journalist Rex Reed has died at 87.
"The Pitt" star Isa Briones is bringing heightened pride and Filipino presence to both stage and screen.
Broadway's "The Book of Mormon" has canceled two weeks of performances following a fire at the Eugene O'Neill Theatre.
Uzo Aduba and Darren Criss announced the 2026 Tony nominees for select categories on "CBS Mornings" on Tuesday.
Rihanna, Sabrina Carpenter, Madonna, and Beyoncé all wore their best looks to celebrate the "Costume Art" theme at the 2026 Met Gala. Here are some of the best moments, photos, and more from the night.
Jason Collins, the NBA's first openly gay player, who went on to become a pioneer for inclusion and an ambassador for the league, has died, his family announced Tuesday.
With just weeks to go until the start of the FIFA World Cup, hotels across the Tri-State Area are racing to cash in on the tourism boom.
Ryan Weathers took a no-hitter into the seventh inning, then gave up a single before Coby Mayo hit a three-run homer off reliever Brent Headrick to lift the Baltimore Orioles over the New York Yankees 3-2 on Monday night.
Queens officials say Jackson Heights is considered one of the most diverse neighborhoods in the city.
The New York Knicks are headed back to the Eastern Conference finals -- and their fans are loving every minute of it.
City Council members say requirement for transparent roll-down gates is burdensome for small businesses ahead of the July 1 enforcement deadline.
For more than four decades, residents living beside Brooklyn's District 13 Sanitation Garage in Coney Island have been waiting for the facility to move away from their homes.
There's a swim club in Harlem teaching kids a lifesaving skill, and they're turning timid swimmers into competitors.
The Davis Center at the Harlem Meer is celebrating one year of providing year-round recreation space to New Yorkers while still spreading the word to residents.
Residents displaced by a deadly apartment building fire in Inwood say it was only a matter of time before their building went up in flames.
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.
Friday could also prove to be a mixed bag, but the good news is the weekend is looking fine. CBS News New York's Scott Padgett has your seven-day forecast.
As CBS News New York's Vanessa Murdock reports, bird watchers are hoping to spot some unique species.
New data shows demand to book in New York City, especially, may not be as strong as expected. CBS News New York's John Dias reports.
As we honor those we lost 25 years later, the new moment of silence will be unveiled for those who have died from health effects of the terror attacks and their aftermath. CBS News York's Jenna DeAngelis reports.
As the daughter of immigrants from India, she says she took the flavors she grew up with and churned them into ice cream. CBS News New York's Lisa Rozner reports.
