Here's what the Supreme Court ruling means for your student debt
Borrowers are now facing double whammy after high court rules against Biden administration's student loan forgiveness program.
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Borrowers are now facing double whammy after high court rules against Biden administration's student loan forgiveness program.
The U.S. forgave $757 billion in loans through the Paycheck Protection Program, with most of those benefits going to the wealthy.
The fallout has already begun after the Supreme Court ruled 6-3 that President Biden's student loan forgiveness plan is unlawful. CBS News legal contributor Jessica Levinson, student loan expert Mark Kantrowitz, CBS News chief Washington correspondent Major Garrett and CBS News congressional correspondent Nikole Killion have more.
The Supreme Court ruled 6-3 that President Biden's student loan forgiveness plan is unlawful. Chief Washington correspondent Major Garrett and CBS News correspondent Christina Ruffini have more on how the justices came to that decision.
About 40 million Americans are no longer eligible for debt relief after the Supreme Court threw out President Biden's student loan forgiveness plan.
Millions of Americans will soon need to make payments on their student loans for the first time in more than three years. The payment pause -- which had been sparked by economic worries from the pandemic -- will end in a few months. Sameer Gadkaree, president of the Institute for College Access and Success, joins CBS News to discuss how the resumption of payments will impact borrowers.
Republicans say it's unfair to forgive student-loan debt, and want to limit the amount that some students can borrow.
President Joe Biden vetoed legislation Wednesday that would have repealed his plan to forgive student debt.
Snapchat co-founder Evan Spiegel and his wife Miranda Kerr paid off the student debt for the entire 2022 graduating class of Otis College of Art and Design.
The debt ceiling deal includes a provision to end the pandemic-related federal student loan payment pause
With the cost of a bachelor's degree approaching $90,000 per year at some schools, an associate's program may be more financially feasible — and lucrative.
Initially intended for the well-off, the federal loans have become a last resort for many lower-income families.
The U.S. Supreme Court will hear President Biden's proposal to forgive $400 billion in federal student loan debt. Challengers in six Republican-led states say it's an abuse of power that bypassed Congress. Chief legal correspondent Jan Crawford reports.
The Supreme Court heard arguments today on President Biden's student loan forgiveness plan. CBS News chief legal correspondent Jan Crawford joins Lilia Luciano and Lana Zak from outside the Supreme Court to discuss the cases being considered.
The Supreme Court is hearing arguments from six Republican-led states in a case challenging the Biden Administration's federal student loan forgiveness plan. Iowa's Attorney General Brenna Bird is one of the officials leading the charge. She joined "Red and Blue" to discuss what she hopes to gain from the lawsuit.
Financial future of 40 million Americans hangs in balance as high court weighs Biden plan to forgive up to $20K per borrower.
Mike Pierce, the executive director of the Student Borrower Protection Center, joins CBS News' Lilia Luciano and Lana Zak to discuss the importance of President Biden's student loan forgiveness plan, as the Supreme Court hears arguments on the policy.
Painfully high inflation is putting even more pressure on Americans struggling to repay their college loans.
One part of plan for tackling student debt could spur more people than expected to join program, analysis says.
The proposal comes as the Biden administration's plan to forgive up to $20,000 in student debt remains in limbo.
Some education experts see the plan as a more powerful tool to make college affordable than the proposal to slash or eliminate student debt for 40 million Americans, which is before the Supreme Court.
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The Biden administration had earlier extended a repayment pause while its student-debt relief program remains tied up in court.
Concerns over rising interest rates and inflation are weighing on many parents and students as they consider taking out loans for college. Ann Berry, founder of Threadneedle Ventures, joined CBS News' Lana Zak and Errol Barnett to discuss how to approach the important decision.
A Biden administration program forgiving up to $20,000 in student loans remains hung up in court.
President Trump said he could "annihilate" Iran while predicting that Tehran would make a deal to end the war after the U.S. midterm elections.
Patrick Clancy sat down with 60 Minutes in New York City for a lengthy conversation about his ex-wife Lindsay Clancy's struggles with mental health, his grief and the social media frenzy surrounding him.
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Justice Elena Kagan declined a request from a surrogate to intervene in a custody dispute with a California couple.
President Trump tells the U.N. he has a "big decision to make" on whether to make a deal or drive Iran "into hell."
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An autopsy by the Greenville County Coroner's Office determined Hayden Panettiere's death was accidental.
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The ICE officer who shot a Venezuelan delivery driver was not wearing a body camera at the time of the shooting, sources familiar with the investigation told CBS News.
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Justice Elena Kagan declined a request from a surrogate to intervene in a custody dispute with a California couple.
President Trump's move to ban CNN, MS NOW and Politico from the White House has highlighted the role of the press pool.
The Trump administration is planning to welcome up to 17,500 additional White Afrikaners from South Africa as refugees over the next 12 months, according to a notice sent to Congress.
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One of Silicon Valley's most prominent venture investors is gearing its new tech academy toward aspiring entrepreneurs focused on building AI.
Cybersecurity researchers from a small firm called Hacktron in India broke into OpenAI, showing how vulnerable frontier labs are.
Some lawmakers want to halt U.S. diesel exports as prices top $6.50 a gallon. But such a ban could have unintended consequences, experts say.
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The Justice Department says a U.S. Postal Service letter carrier in Utah threw out more than 300 mail ballots that were being sent to voters for the state's June primary.
Justice Elena Kagan declined a request from a surrogate to intervene in a custody dispute with a California couple.
President Trump's move to ban CNN, MS NOW and Politico from the White House has highlighted the role of the press pool.
The Trump administration is planning to welcome up to 17,500 additional White Afrikaners from South Africa as refugees over the next 12 months, according to a notice sent to Congress.
The ICE officer who shot a Venezuelan delivery driver was not wearing a body camera at the time of the shooting, sources familiar with the investigation told CBS News.
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Illinois Gov. JB Pritzker revealed to "CBS Mornings" that for the last two years he has been using a GLP-1 medication to lose weight.
As knowledge about genetics advances, some doctors say cancers should be defined by their mutations, not the tissues where they manifest.
Lisa Fasone's first pregnancy went smoothly. Then a rare health condition put her dreams of a second child on hold.
Health and Human Services Secretary Robert F. Kennedy Jr. spoke at a conference hosted by an organization he once led that has promoted doubts about vaccines.
Mita and Hemant Parikh decided to split from their group and take a side trip during their long-planned pilgrimage. They're now safely back home, but none of the families they were traveling with have been found.
The Trump administration is planning to welcome up to 17,500 additional White Afrikaners from South Africa as refugees over the next 12 months, according to a notice sent to Congress.
Reza Valizadeh, a U.S.-Iranian dual citizen and former journalist for U.S.-funded broadcaster Radio Farda, has been imprisoned in Iran since September 2024.
The U.S. Air Base Spangdahlem said that the pilot ejected and was receiving medical care.
The U.S., Denmark and Greenland signed a new security agreement bolstering the United States' military and security presence on the island.
Actress Hayden Panettiere died from an accidental overdose of fentanyl and several other drugs, according to a coroner in South Carolina. Lilia Luciano reports.
A South Carolina coroner revealed Tuesday that actor Hayden Panettiere died from an accidental overdose of several drugs, including fentanyl. CBS News national correspondent Lilia Luciano has more.
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An autopsy by the Greenville County Coroner's Office determined Hayden Panettiere's death was due to an accidental overdose of several drugs, including fentanyl.
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Meta's new AI tool now ranks at the top of the App Store. Some retail experts see a "natural evolution from search."
Neuroscientists at Stanford University successfully grew human brain tissue inside mice in the hopes of further enabling the development of treatments for brain disorders. Stanford Medicine professor of psychiatry and behavioral sciences Dr. Sergiu Pasca, who led the study, joins CBS News to break down the findings.
Scientists have discovered a new species of wild cat for the first time in more than a century, a Bolivian researcher says.
The footage shows a female humpback whale staying close to the dead calf as it lies motionless on the seafloor, touching it with its head and fin.
Archaeologists say they've discovered the remains of a likely ancient Egyptian warhorse given an honorific burial more than 3,000 years ago.
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When a school bus stops to pick up kids, the other cars on the road are supposed to stop with it. But thousands of times a day, they do not. As Mark Strassmann reports, some areas have found a way to crack down.
Actress Hayden Panettiere died from an accidental overdose of fentanyl and several other drugs, according to a coroner in South Carolina. Lilia Luciano reports.
A family tied to a suspected Chinese spy made $4.4 million in donations to California politicians, including Gov. Newsom, a CBS News investigation found. CBS News' Josh Boswell breaks it down.
Wilber Rafael Garces Perez was shot in the back by an Immigration and Customs Enforcement agent in Austin, Texas. Garces Perez's lawyer says he had a work permit and was seeking asylum but had missed a deportation order sent to an old address. CBS News' Jason Allen reports.
Online personality "Clavicular," whose real name is Braden Peters, faces two felony charges and one misdemeanor charge. He denies the allegations.
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NASA's Roman Space Telescope launched shortly after daybreak from Kennedy Space Center and blazed toward an observation point 1 million miles away.
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The mission to save NASA's sinking space telescope has been called off, dooming the telescope to a fiery reentry later this year.
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Sylvie Cachay was found dead in an overflowing bathtub at the exclusive Soho House in New York City on Dec. 9, 2010. A water leak at the hotel gave away a timeline that may have revealed her killer.
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Patrick Clancy wrestles with grief and shares memories of his children in his first interview since his ex-wife Lindsay Clancy's murder trial ended without a verdict.
The Austin Police Department on Tuesday released new video of the man shot by ICE in Texas over the weekend. CBS News' Jason Allen has more.
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A CBS News investigation into sports gambling found that companies like FanDuel push hard to keep gamblers engaged and wagering, even as their losses pile up. Jim Axelrod has more.
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