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.
Chip Trayanum was taken to a hospital with a neck injury after earlier running for a touchdown in the Jets' 23-6 preseason loss to the Giants on Friday night.
The New York Yankees edged the Boston Red Sox 1-0 on Friday night in the opener of a pivotal four-game series.
The Houston Astros beat the New York Mets 3-1 on Friday night.
New Jersey Gov. Mikie Sherrill signed a law Friday making cocktails to-go permanent.
A rally was held in New York City's Foley Square on Friday evening as supporters of Haitian immigrants called for action.
A rally was held in New York City's Foley Square on Friday evening as supporters of Haitian immigrants called for action.
Two more people who were sickened in the Upper East Side Legionnaires' disease cluster have died, health officials announced Friday.
Officials say a record 580 pounds of cocaine was seized in New York City, with a street value of at least $10 million.
New York City's Trinidad and Tobago Parade won't be stepping off in Brooklyn this weekend.
An engagement ring was recovered from the bottom of the Hudson River after slipping off a bride-to-be's finger.
ICE is defending operations they are conducting this week in Danbury, Connecticut, as some residents say they feel uneasy at what they are seeing on the streets.
Severe weather warnings have started popping up as strong storms make their way through New York City and most of the Tri-State Area.
A nice stretch of weather kicks off the week in the New York City area before a heightened chance of rain returns.
Along with the increasingly humid conditions comes another chance of showers and storms overnight Saturday into Sunday.
Rainy weather returns to the New York City area Sunday, bringing with it the threat of flooding.
New Jersey Gov. Mikie Sherrill signed a law Friday making cocktails to-go permanent.
Elizabeth, New Jersey is cleaning up after Thursday's intense storms brought flash flooding. Emergency responders performed more than 100 rescues, most of them after people attempted to drive through water.
As students get ready to go back to school, one New Jersey school district is taking a first-in-the-state approach to limit screen time.
Lightning may have started a church fire in Bergen County, New Jersey, on Thursday morning, neighbors say.
Heavy rains brought more flooding to New Jersey on Thursday, which has endured repeated damaging floods so far this summer.
Long Island's Sun and Surf Club will partially reopen this weekend and Labor Day weekend, owners say. The club suffered significant damage when a tornado hit last week.
Five men were spotted going into a manhole early Thursday morning on Long Island, according to Nassau County police. CBS News New York's Jennifer McLogan reports.
A Long Island resident says he feels in danger after last week's rain caused a mudslide behind his condominium complex.
Recent rains have taken a dramatic toll on one condominium complex on Long Island. One of the unit owners says he feels in danger, living on the edge of a steep drop-off.
People were spotted climbing into a manhole in Wantagh. It comes after numerous similar incidents in New York City.
A federal judge has again blocked President Trump's bid to erase his hush money conviction in New York.
The White House said President Trump will "pay tribute to the brave first responders who put their lives on the line."
New York City Mayor Zohran Mamdani is backtracking again on the controversial rollout of his pied-à-terre tax.
The surge in arrests comes as the White House pushes ICE to hit a target of 2,000 per day.
Fifteen sheriffs across New York are asking a judge to block a new law preventing local law enforcement agencies from working with Immigration and Customs Enforcement agents.
Two more people who were sickened in the Upper East Side Legionnaires' disease cluster have died, health officials announced Friday.
A new electronic device that's the size of a grain of rice is making a big difference for heart patients.
Pennsylvania has recorded its first two deaths connected to measles in 35 years.
This year, ER visits for tick bites have increased dramatically, corresponding with a new threat: a rise in Alpha-gal syndrome (AGS), where one bite from a lone star tick can make you violently allergic to red meat. How can you best avoid tick bites?
A New Yorker has tested positive for West Nile virus, the city health department announced Wednesday.
Tim Curry was known for his iconic performances in cult classics like "The Rocky Horror Picture Show" and the original screen adaptation of Stephen King's "It."
President Trump said that he would be "lowering the American flag" throughout the nation for one week in Dolly Parton's honor.
NYC's Empire State Building paid tribute to music legend Dolly Parton Tuesday night. Parton, 80, died Tuesday in Nashville, her family announced.
Dolly Parton became an icon over her six-decade career as a Grammy-winning singer-songwriter, movie and TV star and theme park owner who donated millions to help others.
The AMC Kips Bay 15 on Second Avenue has been open since 1999 but will shut down at the end of 2026, according to a spokesperson.
Chip Trayanum was taken to a hospital with a neck injury after earlier running for a touchdown in the Jets' 23-6 preseason loss to the Giants on Friday night.
The New York Yankees edged the Boston Red Sox 1-0 on Friday night in the opener of a pivotal four-game series.
The Houston Astros beat the New York Mets 3-1 on Friday night.
The Milwaukee Brewers beat the New York Mets 8-2 on Thursday night.
Christian Walker had three hits and Jeremy Peña added a solo shot to power the Astros to a 5-1 victory over the Yankees on Thursday night.
With tickets to the U.S. Open skyrocketing, tennis advocates in the Harlem community are working to make the sport more accessible for New Yorkers.
The DSNY reported an increase in needle stick injuries for New York City sanitation workers.
A Queens homeowner says that overgrown city trees on her block are creating a safety hazard at night.
Neighbors say Flushing Meadows Corona Park has been falling into disrepair for years.
The owner of a beloved Harlem food truck known for its burgers under $5 is retiring and selling the business.
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.
CBS News New York's Lonnie Quinn has your First Alert Forecast for August 28 at 11 p.m.
Long Island's Sun and Surf Club will partially reopen this weekend and Labor Day weekend, owners say. The club suffered significant damage when a tornado hit last week.
New Jersey Gov. Mikie Sherrill signed a law Friday making cocktails to-go permanent. The rule, which was put into place during the COVID-19 pandemic, was set to expire on Sept. 1. CBS News New York's Naveen Dhaliwal reports.
The death toll in Nepal has now reached 600 with more than 90 Americans still missing. CBS News New York's Dick Brennan reports.
A rally was held in Foley Square on Friday, demanding legal safeguards for immigrants who recently lost their Temporary Protected Status. CBS News New York's Andrew Ramos reports.
