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.
Watch CBS News
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.
Will Cuylle recorded his first NHL hat trick and the Rangers dealt the playoff-hopeful Capitals a blow with an 8-1 win on Sunday night.
Jacob Markstrom made 18 saves for his first shutout of the season and the Devils beat Montreal 3-0 on Sunday night, ending the Canadiens' eight-game winning streak.
Pinch-hitter Graham Pauley had a go-ahead, two-run double in a four-run eighth inning, and the Marlins held off the Yankees 7-6 on Sunday.
A woman on her way to New York City went into labor as her flight was about to land at JFK Airport on Saturday. Caribbean Airlines confirmed she gave birth on Flight BW005, which was en route from Kingston, Jamaica.
Nolan Traore hit five 3-pointers and finished with 23 points and seven assists, Jalen Wilson added 19 points and the Nets beat the Wizards 121-115 on Sunday.
A woman on her way to New York City went into labor as her flight was about to land at JFK Airport on Saturday. Caribbean Airlines confirmed she gave birth on Flight BW005, which was en route from Kingston, Jamaica.
People dressed in elaborate headgear and paraded up Fifth Avenue for New York City's Easter Sunday tradition.
History was made Saturday night at Madison Square Garden as the Sirens played the Torrent before a sold-out crowd.
An NYPD officer was struck by a driver and injured during a traffic stop in Brooklyn on Saturday.
Tributes continue to pour into Brooklyn, where 7-month-old Kaori Patterson-Moore lost her life in a senseless shooting Wednesday.
Rain has returned for Easter Sunday in the New York area after the holiday weekend kicked off with May-like weather.
UConn's jaw-dropping buzzer beater catapulted them to the Final Four.
Bridgeport firefighter Terrence Cramer was killed after his girlfriend's ex shot him in a fit of rage at a Connecticut home, according to an arrest warrant.
Jabari Bush is accused of fatally shooting active-duty Bridgeport Firefighter Terrence Cramer in Shelton, police said.
Warmer weather will return to New York City and the surrounding area soon.
The move would reduce the minimum uninsured motorist coverage for ride-share services from $1.5 million to as low as $35,000.
Fire officials are investigating the cause of a multi-alarm fire at a former chemical manufacturer in Paterson, New Jersey.
Rain has returned for Easter Sunday in the New York area after the holiday weekend kicked off with May-like weather.
With just over one square mile of land, the City of Hoboken says the 2026 FIFA World Cup could be a once-in-a-generation opportunity for homeowners.
New Jersey Gov. Mikie Sherrill and her family are moving into Drumthwacket, the governor's official residence in Princeton.
Patrick Roy has been abruptly fired as head coach of the New York Islanders.
Stony Brook University professor Timothy Glotch is one of 10 scientists selected to shape research plans for NASA's next Artemis missions.
A Long Island man accused of shooting his sister in the head with a crossbow pleaded not guilty to attempted murder Thursday.
A Long Island high schooler and his mom are being credited with saving a sleeping neighbor from a house fire.
New York Republican gubernatorial nominee Bruce Blakeman said Tuesday he will sue the state after the Campaign Finance Board denied him matching funds.
A U.S. crew member who went missing when an F-15E fighter jet was shot down over a remote area of Iran has been rescued by U.S. forces.
The changes were likely to affect Associate Attorney General Stanley Woodward, the No. 3 official at the Justice Department and Harmeet Dhillon, the Assistant Attorney General for the Civil Rights Division.
President Trump ordered the Department of Homeland Security to find a way to pay "each and every employee" of the agency.
New Jersey Gov. Mikie Sherrill and her family are moving into Drumthwacket, the governor's official residence in Princeton.
The search for the second crew member, a weapons system officer, is continuing, two U.S. officials said.
What started as a sinus infection left a Long Island teenager fighting for his life, requiring emergency brain surgery.
Older adults in New Jersey recorded the highest number of suspected overdose deaths in 2025, according to the New Jersey Department of Health.
The first case of mpox clade I has been detected in New York City, health officials said Friday. Of the two types of mpox, clade I is known to cause more severe disease and death.
Heights University Hospital, formerly known as Christ Hospital, shuttered its emergency room Saturday night.
New Jersey Sen. Andy Kim is opening up about his father's Alzheimer's diagnosis in hopes of helping others struggling like him to care for their loved ones.
A federal judge in New York has tossed out actor Blake Lively's sexual harassment claims against actor Justin Baldoni over their roles in the movie "It Ends With Us," but left intact a claim for retaliation.
Atlanta rapper Gucci Mane was lured to a Dallas studio for a meeting, then allegedly kidnapped and robbed by a group including rappers Pooh Shiesty and Big30.
Megan Thee Stallion was released from a New York City hospital after she got sick during a performance of "Moulin Rouge! The Musical."
The price hike raises the cost of the standard plan with ads by $1 per month and the cost of the standard and premium plans by $2.
Savannah Guthrie stepped back from her NBC duties almost two months ago when her mother, Nancy Guthrie, disappeared. The investigation is ongoing.
Will Cuylle recorded his first NHL hat trick and the Rangers dealt the playoff-hopeful Capitals a blow with an 8-1 win on Sunday night.
Jacob Markstrom made 18 saves for his first shutout of the season and the Devils beat Montreal 3-0 on Sunday night, ending the Canadiens' eight-game winning streak.
Pinch-hitter Graham Pauley had a go-ahead, two-run double in a four-run eighth inning, and the Marlins held off the Yankees 7-6 on Sunday.
Nolan Traore hit five 3-pointers and finished with 23 points and seven assists, Jalen Wilson added 19 points and the Nets beat the Wizards 121-115 on Sunday.
Pinch-hitter Luis Torrens keyed New York's four-run eighth inning with a two-run double and the Mets made it three straight wins over the San Francisco Giants with a 5-2 victory.
Preparations for Passover in Brooklyn blend centuries-old rituals with modern traditions unique to each family.
New York has filed a lawsuit against solar company Attyx, saying it didn't just sell panels, it sold promises it couldn't keep.
Long before Manhattan's iconic street grid took shape, an English widow planned a Brooklyn community that helped shape the city today.
The Center for Brooklyn History showcase examines the Battle of Brooklyn through rare maps, paintings, and historical artifacts from the American Revolutionary War.
From World War II to modern mixology, women in Brooklyn fought for their place behind the bar. This Women's History Month, their legacy continues to influence the city's nightlife.
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 Craig Allen says to expect temperatures in the upper 40s and low 50s for the next few days, but the warmth will return late in the week.
Caribbean Airlines confirmed Saturday's event. CBS News New York's Allen Devlin has more on the special delivery.
It will mark the first time she has appeared on the show since her mother's disappearance on Jan. 31. Authorities believe 84-year-old Nancy Guthrie was taken from her Tucson, Arizona, home. CBS News New York's Allen Devlin reports.
It happened just before 6 a.m. on Sunday at a Park Right on West 43rd Street near 11th Avenue. CBS News New York's Allen Devlin reports.
CBS News New York's Kristie Keleshian got a look at this year’s festivities, in what’s now an over-century-old tradition.
