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.
Current SAVE borrowers will have "limited time" to enroll in a new loan repayment plan and begin repaying their loans, the Education Department said.
A government shutdown began on Wednesday. Here's what to know about student loans, educational funding and the FAFSA.
Proposed Department of Education rule could deny loan forgiveness to borrowers whose employers are found to be illegally "undermining national security and American values."
The Trump administration will begin collecting interest from federal student loan borrowers enrolled in the SAVE plan starting Friday. Kate Wood, loans expert and writer at NerdWallet, joins CBS News to discuss what borrowers need to know.
The Education Department has temporarily paused loan forgiveness for an income-based repayment plan. Here are the details.
New law reduces the number of federal student loan repayment options and caps how much individuals can borrow for higher education.
As young Americans struggle with job prospects and loan repayment, CBS News business analyst Jill Schlesinger shares tips to ease financial stress and stay on track.
The Trump administration last month started garnishing paychecks and Social Security benefits to collect defaulted loans.
New delinquency reports will hurt the credit scores of borrowers who fail to make payments on their student loans.
With the Department of Education this month resuming collections on student loans, millions of Americans are at risk of having their wages garnished.
The Education Department has resumed collections for sending student loan borrowers who are in default. Kristina Lyons is a stay-at-home mom whose student loans are in default and joined "The Daily Report" to share her story.
Millions of Americans are facing a major expense they previously thought was in their rearview mirror. The federal government is resuming collections on defaulted student loans. Lana Zak reports on loan holders already struggling to make ends meet.
The federal government is set to resume student loan collections for borrowers in default. Danielle Douglas-Gabriel, national higher education reporter for the Washington Post, joined "America Decides" to discuss.
TransUnion, one of the three major credit bureaus, found that one in five student loan borrowers is at risk of defaulting.
Jana Heartwood owes more than $40,000 in student loan debt. She says when payments resumed last year, she was not notified and is now struggling to get answers from her loan servicer.
Millions of Americans are preparing for the federal government to resume collections of student loan payments for the first time in five years. CBS News' Lana Zak reports.
Collections are resuming on defaulted federal student loans for the first time in five years. Vanderbilt University's Brent Evans joins CBS News with what to know.
Beginning on Monday May 5, the Education Department will resume collections on defaulted student loans for the first time in five years. Wayne Johnson, the former chief operating officer at the Education Department's office of federal student aid, joins "The Daily Report" to discuss.
A new proposal from Republican lawmakers would eliminate the popular SAVE repayment plan, which helped lower costs for millions.
Millions of student loan borrowers in default could soon see their wages garnished under the Trump administration's policies, and Americans who entered public service fields expecting loan forgiveness could see that promise broken. CBS News' Nancy Chen explains.
Nearly 10 million borrowers could be in default within a few months, according to the department.
The Education Department said it will resume collections on defaulted student loans beginning May 5. Andrew Pentis, consumer lending analyst and certified student loan counselor at Bankrate, joins "The Daily Report" to discuss.
The International Monetary Fund is predicting slower economic growth this year in the U.S., citing uncertainty over the Trump administration's tariffs and trade policy. CBS News MoneyWatch correspondent Kelly O'Grady has more.
Tax day is coming up on Tuesday, April 15. USA Today money and finance reporter Medora Lee joins "The Daily Report" with some tips if you don't know where to start.
More severe weather is forecast for an already soaked California, raising risk of additional mudslides and debris flows.
The Justice Department said the process of releasing the Epstein files may take "a few more weeks" due to the volume of materials.
Most major retail stores and grocery chains are closed on Christmas Day, with some exceptions.
A single winning ticket was sold for Powerball's Christmas Eve jackpot of $1.817 billion, in Arkansas. It was the second-largest U.S. lottery jackpot ever won.
The economy remained on track this year, defying the gloomiest predictions. That doesn't mean Americans are thrilled with how things are going.
A planned Christmas Eve jazz concert at the Kennedy Center has been canceled.
In his first Christmas homily, Pope Leo lamented conditions for Palestinians in Gaza and urged Ukraine and Russia to engage in direct talks to end their wr.
Australian Prime Minister Anthony Albanese has announced a national bravery award to honor those who confronted an antisemitic terror attack.
Ukrainian President Volodymyr Zelenskyy said he discussed "substantive details" of a Ukraine-Russia peace deal with President Trump's envoys Steve Witkoff and Jared Kushner on Christmas.
More severe weather is forecast for an already soaked California, raising risk of additional mudslides and debris flows.
Most major retail stores and grocery chains are closed on Christmas Day, with some exceptions.
A single winning ticket was sold for Powerball's Christmas Eve jackpot of $1.817 billion, in Arkansas. It was the second-largest U.S. lottery jackpot ever won.
Traffic safety regulators are reviewing a motorist's complaints that the manual door handles on some Model 3 cars are hard to find, a potential hazard in a crash.
The new tourist tax imposes an 11% tax on the gross fares paid by a cruise ship's passengers to address climate change threats to Hawaii.
Most major retail stores and grocery chains are closed on Christmas Day, with some exceptions.
Traffic safety regulators are reviewing a motorist's complaints that the manual door handles on some Model 3 cars are hard to find, a potential hazard in a crash.
The new tourist tax imposes an 11% tax on the gross fares paid by a cruise ship's passengers to address climate change threats to Hawaii.
Many Americans face soaring costs to heat their homes this winter. Here are some ways to lower your monthly utility bill.
The economy remained on track this year, defying the gloomiest predictions. That doesn't mean Americans are thrilled with how things are going.
The message, aired on Channel 4 on Christmas Day, reflected on the impact of President Trump's second term in office thus far.
A planned Christmas Eve jazz concert at the Kennedy Center has been canceled.
President Trump spent part of Christmas Eve bantering with kids, updating families on NORAD's Santa tracker and reminding one child that the big guy has a "serious appetite."
President Trump-backed candidate Nasry Asfura has won Honduras' presidential election, the country's electoral authorities said, ending a weeks-long count.
The Justice Department said the process of releasing the Epstein files may take "a few more weeks" due to the volume of materials.
Suze Lopez, a 41-year-old nurse who lives in Bakersfield, California, didn't know she was pregnant with her second child until days before giving birth.
The Food and Drug Administration has approved a pill version of the weight-loss drug Wegovy.
A federal judge has approved a preliminary agreement for a class action lawsuit requiring Aetna to cover fertility treatments for same-sex couples as they do with heterosexual couples.
Doctors and scientists say this year's influenza season could be tougher than usual, with a new version of the flu virus, called H3N2, spreading quickly.
#LillyPartner Cancer clinical trials can offer patients access to investigational treatments that can be explored as early as the time of diagnosis. Ovarian cancer survivor Alicia Dellario and Dr. Arjun Balar, senior vice president of global clinical development at Eli Lilly and Company, join "CBS Mornings" to talk about the potential benefits of cancer clinical trials -- and clarify common misconceptions. Visit cancerclinicaltrials.lilly.com for more information. (Sponsored by Eli Lilly and Company)
Australian Prime Minister Anthony Albanese has announced a national bravery award to honor those who confronted an antisemitic terror attack.
The message, aired on Channel 4 on Christmas Day, reflected on the impact of President Trump's second term in office thus far.
Ukrainian President Volodymyr Zelenskyy said he discussed "substantive details" of a Ukraine-Russia peace deal with President Trump's envoys Steve Witkoff and Jared Kushner on Christmas.
Jair Bolsonaro, who has been hospitalized since Wednesday, has been serving a 27-year prison sentence since November for an attempted coup.
King Charles III led his family to church on foot ahead of his annual Christmas Day speech that is expected to focus on pilgrimage.
The message, aired on Channel 4 on Christmas Day, reflected on the impact of President Trump's second term in office thus far.
King Charles III led his family to church on foot ahead of his annual Christmas Day speech that is expected to focus on pilgrimage.
A planned Christmas Eve jazz concert at the Kennedy Center has been canceled.
The New York Times movie critic Alissa Wilkinson ranked the top films of 2025. She joins CBS News 24/7 to review this year's list.
The leg lamp in "A Christmas Story" might be one of cinema's most iconic props, and one small town in Oklahoma has a special way to celebrate it. Omar Villafranca reports.
Instacart says its ending its controversial system of using AI price tests for retailers. Earlier this month, an investigation by Consumer Reports and progressive think tank Groundwork Collaborative found that Instacart's algorithmic pricing charged various prices for the same item from the same store. Jo Ling Kent reports.
Massive tech companies wanting to build more data centers in the U.S. are lobbying for support among Americans, according to a recent report by POLITICO. Gabby Miller joins CBS News with more on her reporting.
From labor shortages to environmental impacts, farmers are looking to AI to help revolutionize the agriculture industry. One California startup, Farm-ng, is tapping into the power of AI and robotics to perform a wide range of tasks, including seeding, weeding and harvesting.
Timothy Werth, a tech editor at Mashable, joins "CBS News 24/7" to discuss the best gadgets of 2025.
Instacart had drawn criticism for testing an AI-based system that enabled retailers to charge different prices for the same grocery items.
The Trump administration intends to dismantle one of the world's leading climate research institutions, in Boulder, Colorado, over what it said were concerns about "climate alarmism."
The footage of a bear caring for an adopted cub was captured during the annual polar bear migration along the Western Hudson Bay in Churchill, Manitoba.
Most of the footprints are elongated and made by bipeds. The best-preserved ones bear traces of at least four toes.
NASA continues to aim its space telescopes at the visiting ice ball, estimated to be up to 3.5 miles in size.
Paleontologists have discovered and documented 16,600 footprints left by theropods, the dinosaur group that includes the Tyrannosaurus rex.
His lawyers argued that Rozier's alleged involvement in the wire fraud and money laundering conspiracies is limited.
A prominent California farmer was arrested in the shooting death of his estranged wife in a remote mountain community in Arizona, authorities said.
Rahmanullah Lakanwal, a 29-year-old Afghan national, is accused of fatally shooting Army Spc. Sarah Beckstrom and wounding Air Force Staff Sgt. Andrew Wolfe.
California authorities announced Tuesday they have found the body of 9-year-old Melodee Buzzard and arrested her mother for murder. See the full news conference.
A Delaware state trooper was killed Tuesday during a shooting at a Wilmington DMV, the Delaware State Police said. The state's governor confirmed the shooter is also dead.
NASA astronauts took their first drive on the moon 54 years ago. Now, three companies are competing for a NASA contract to build a new lunar rover for use starting with the Artemis 5 mission in 2030. Kris Van Cleave reports.
NASA is gearing up to send four Artemis astronauts on looping test flight around the moon in 2026.
A German aerospace engineer made history Saturday, becoming the first wheelchair user to go into space when she took a 10-minute trip aboard a Blue Origin rocket.
German engineer Michaela Benthaus is the first person with a significant physical handicap to reach space.
President Trump withdrew Isaacman's nomination for NASA administrator in April, before nominating him again in November.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
This year marks the 40th anniversary of Chris Van Allsburg's beloved children's book, "The Polar Express." He tells CBS News' Bradley Blackburn about how he came up with the classic Christmas tale at just 34 years old.
The Christmas Eve Powerball jackpot worth $1.817 billion, the second-largest ever, was won by a single ticket sold in Arkansas.
Pope Leo XIV celebrated his first Christmas since he became pontiff. At Midnight Mass on Christmas Eve, Leo urged people to care for the poor and for migrants.
A powerful storm brought heavy rain to parts of California on Wednesday, flooding roads and prompting evacuations in some areas. The deluge of rain is causing dangerous travel conditions on Christmas Day.
In late 19th-century Florida, hunters pushed flamingos into functional extinction. But something changed over the last 25 years when hurricanes in the Caribbean chased them into the Everglades. Mark Strassmann reports.