Nearly $5 billion in additional student loan forgiveness approved
This latest $4.8 billion in relief brings the grand total of approved debt cancellation by the administration to $132 billion for over 3.6 million Americans.
Watch CBS News
This latest $4.8 billion in relief brings the grand total of approved debt cancellation by the administration to $132 billion for over 3.6 million Americans.
Donations on the crowdfunding platform this year reveal a range of urgent financial needs, GoFundMe data shows.
The number of people seeking help on the platform to pay student loans has exploded over the last year, the crowdfunding site says.
With student loan repayments officially resuming this month, many borrowers say they are facing customer service issues with their loan servicers. Persis Yu, the deputy executive director and managing counsel for the Student Borrower Protection Center, joined CBS News to discuss the situation.
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.
Tens of millions of Americans are expected to resume paying student loans after a three-year pandemic-era pause. CBS News correspondent Carter Evans has more. Plus, Politico education reporter Michael Stratford explains how the Biden administration is attempting to ease the burden for borrowers.
Student loan payments resumed over the weekend following a pandemic-era pause that lasted more than three years. For millions, the payments will force them to make difficult cuts elsewhere as prices for gas and groceries remain high. Carter Evans reports.
Student loan payments resumed Sunday following a three-year pause brought on by the COVID-19 pandemic. More than 43 million Americans must now begin repaying loans, and about half are expected to be delinquent on their payments. Astrid Martinez reports.
Americans with student loan debt need to begin repaying their loans again after a hiatus of more than three years.
CBS News business analyst Jill Schlesinger joins "CBS Mornings" to talk about what borrowers need to know before federal student loan repayments start back up in October.
Scammers are targeting student loan borrowers as millions of Americans prepare to start repaying their debt in October following a three-and-a-half-year pause. CBS MoneyWatch associate managing editor Aimee Picchi provides some tips on how to spot a scam.
Scammers are seizing on "chaos and confusion" ahead of the resumption of student loan repayments, one expert warned.
More companies are now offering to help new hires pay off their student loan debt. The share of job listings that mention loan repayment assistance has more than doubled since 2019, according to new data from job platform Handshake. April Rubin, a breaking news reporter for Axios, joined CBS News to discuss the trend.
Biden administration officials say the new federal program could cut monthly loan payments for 20 million people.
Student loan repayments are set to resume in October after being paused over three years ago at the start of the COVID-19 pandemic. Carter Evans takes a look at how the resumption will impact Americans.
Student loan interest started accruing again on Friday after a three-and-a-half-year pause amid the COVID pandemic. Ayelet Sheffey, a senior economic policy reporter for Insider, joins CBS News to discuss what student loan borrowers should expect.
After a three-year hiatus, interest on student loans begins piling up again on Friday, with payments due in October.
Interest on federal student loans resumes in September and payments will start in October after a more than three-year pause due to the COVID pandemic. The Supreme Court rejected President Biden's student debt relief program in June, but the Biden administration is offering a new program to help some borrowers bring down the cost of their monthly payments. Weijia Jiang reports.
Federal student loans will start accruing interest for the first time in three years on Friday. Student loan attorney Adam Minsky joins CBS News to help answer questions people may have about payments resuming.
The Biden administration announced Tuesday a new income-driven student loan repayment plan that could lower or eliminate monthly payments for more than 20 million borrowers. CBS News White House reporter Bo Erickson has more.
Monthly loan payments may drop, based on a borrower's income.
Some borrowers who had enrolled in income-driven repayment plans will start getting their debt discharged this week.
Student loan repayments are set to resume in October when a pandemic-era relief program comes to an end, but nearly half of borrowers say they are not financially prepared to restart payments, according to a survey by U.S. News. With that in mind, the Biden administration is easing repayment requirements for many borrowers. CBS MoneyWatch associate managing editor Aimee Picchi has more.
Only one-third of borrowers are aware that loan repayments will restart in October, a new survey found.
The FBI is investigating Joe Kent — who resigned over the war with Iran — in connection with alleged leaks of classified information, sources say.
Iran retaliates for Israel's latest assassinations as President Trump and Israeli leader Benjamin Netanyahu give no indication the war is about to let up, 20 days in.
In December, Attorney General Pam Bondi ordered law enforcement officials to prioritize efforts to probe and prosecute groups and individuals belonging to the antifa movement or are deemed "extremist."
The Senate defeated a war powers resolution on Wednesday that aimed to block President Trump from ramping up the war with Iran, as the operation approaches a fourth week.
A group of House Democrats walked out of a closed-door briefing with Attorney General Pam Bondi on the Jeffrey Epstein probe late Wednesday, as tensions over the DOJ's handling of the Epstein case continue to simmer.
Allegations of abuse of women and girls by union leader Cesar Chavez were first reported by the New York Times on Wednesday.
The Pentagon has prepared multiple options for President Trump as potential next steps in the Iran war.
A barrel of Brent crude topped $111, while the U.S. benchmark also rose as the Iran war intensifies.
Weeks after three of Colin Dorgan's family members were killed in a shooting at a Rhode Island hockey arena, he helped his team win the state championship.
A group of House Democrats walked out of a closed-door briefing with Attorney General Pam Bondi on the Jeffrey Epstein probe late Wednesday, as tensions over the DOJ's handling of the Epstein case continue to simmer.
The family of an Afghan immigrant who died one day after being taken into custody by ICE in Texas says it has received no answers as to what caused the man's death.
A barrel of Brent crude topped $111, while the U.S. benchmark also rose as the Iran war intensifies.
In a resignation letter, Joe Kent said Iran "posed no imminent threat to our nation," and he asserted that "we started this war due to pressure from Israel and its powerful American lobby."
A long-duration heat wave is taking shape over the western half of the U.S. and forecast to stick around in the days ahead.
A barrel of Brent crude topped $111, while the U.S. benchmark also rose as the Iran war intensifies.
Swarmer is likely to be the first of many: a Ukrainian defense startup with an American face that leans on U.S. capital to scale production for both the Ukrainian and American militaries.
Fed officials are grappling with a host of economic challenges, from stubborn inflation to a slowing job market.
Travelers hoping to bypass some of the increasingly long wait times at U.S. airports can enroll in the TSA PreCheck Touchless ID program, which is now operating at 65 locations.
As Disney CEO, Josh D'Amaro will be in charge of a massive entertainment empire that includes parks, movies and a streaming service.
A group of House Democrats walked out of a closed-door briefing with Attorney General Pam Bondi on the Jeffrey Epstein probe late Wednesday, as tensions over the DOJ's handling of the Epstein case continue to simmer.
The FBI is investigating Joe Kent — who resigned this week over the war with Iran — in connection with alleged leaks of classified information, sources tell CBS News.
Costa Rica on Wednesday closed its embassy in Havana and told Cuba's Communist government to pull its diplomats from Costa Rica.
The family of an Afghan immigrant who died one day after being taken into custody by ICE in Texas says it has received no answers as to what caused the man's death.
The Senate defeated a war powers resolution on Wednesday that aimed to block President Trump from ramping up the war with Iran, as the operation approaches a fourth week.
A judge blocked a set of changes to the childhood vaccine schedule recommended by allies of Health and Human Services Secretary Robert F. Kennedy, dealing a setback to the Trump administration's efforts to overhaul federal vaccine policy.
Patchwork state policies and limited federal oversight have led to a fragmented system for tracking organ donor status.
Spencer Laird was diagnosed with colon cancer at 26. At 30, he was told it had returned and spread to his lungs, with one tumor the size of a golf ball.
The Trump administration's Medicare boss reacts to CBS News investigation into California's hospice fraud problems.
Even people with six-figure incomes are making financial sacrifices to pay for medical care, a new study finds.
Costa Rica on Wednesday closed its embassy in Havana and told Cuba's Communist government to pull its diplomats from Costa Rica.
The Senate defeated a war powers resolution on Wednesday that aimed to block President Trump from ramping up the war with Iran, as the operation approaches a fourth week.
Swarmer is likely to be the first of many: a Ukrainian defense startup with an American face that leans on U.S. capital to scale production for both the Ukrainian and American militaries.
Treasury chief Scott Bessent said Russia wouldn't benefit from an easing of oil sanctions to calm energy markets. But Russia is.
The Pentagon has prepared multiple options for President Trump as potential next steps in the Iran war.
The band The Last Dinner Party is coming to the U.S. next week to tour its second album, "From the Pyre." The members of the band spoke to Anthony Mason about how they met, their rapid rise to fame and the support they've had along the way.
For more than 30 years, Vanity Fair has thrown an exclusive Oscar's after party. This year, the magazine's new global editorial director Mark Guiducci decided to trim the guest list, didn't allow press inside and even required guests to put a sticker over their phone camera for privacy. He speaks to "CBS Mornings" and gives an up-close look at the party.
Law enforcement sources told CBS News that additional images were obtained from surveillance cameras installed at Guthrie's Tucson home, but they showed nothing suspicious.
Melissa Etheridge speaks with "CBS Mornings" about releasing her 17th studio album "Rise" later this month, writing about the loss of her son and grief.
Kristin Cabot, the woman from the viral Coldplay "kiss cam" video, spoke in an exclusive interview with Oprah Winfrey about the backlash she received from that moment and how it differed from comments made about her boss Andy Byron, the CEO of their company.
NVIDIA's GTC conference brought big crowds to Silicon Valley this week, with hundreds of companies showcasing products powered by NVIDIA's chips. Tim Werth, tech editor at Mashable, joins CBS News to discuss.
A tech entrepreneur in Australia, Paul Conyngham, said he used artificial intelligence to design a cancer vaccine for his dog Rosie. He joins CBS News with Páll Thordarson, director of the UNSW RNA Institute, who worked with Conyngham on the technology.
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.
Jury deliberations for a landmark social media addiction trial in California entered a fourth day Wednesday. CBS News' Elaine Quijano has the latest.
From intelligence to research and grant applications, artificial intelligence is playing a bigger role in government and military operations.
The song is that of a humpback whale and was recorded by scientists in March 1949 in Bermuda, researchers said.
A new study in the journal Nature says most sea level rise research may have underestimated coastal water heights by an average of 1 foot.
NASA Administrator Jared Isaacman announced significant changes to the agency's Artemis program, which aims to land on the moon in 2028.
Documents might help scientists shed light on unexplained phenomena and government secrets, experts said.
A large shark was caught on camera for the first time in Antarctica's waters, surprising researchers. "There's a general rule of thumb that you don't get sharks in Antarctica," one said.
Kouri Richins, Utah author and mother, was just found guilty for murder and attempted murder of her husband Eric Richins. The state accused her of killing him with a fentanyl-laced Moscow mule in 2022 after previously attempting to poison him via a sandwich on Valentine's Day. Monday evening the jury found her guilty on all counts including insurance fraud and forgery. In a special episode, "48 Hours" correspondent Natalie Morales speaks with Skye Lazaro, former defense attorney for Richins, about the significance of the outcome and the key moments in court that let up to the verdict. This episode was recorded on March 17.
Law enforcement sources told CBS News that additional images were obtained from surveillance cameras installed at Guthrie's Tucson home, but they showed nothing suspicious.
Kouri Richins, the Utah mom accused of killing her husband and later writing a children's book about grief, was found guilty on all charges Monday, including aggravated murder. Her sentencing is now set for May and she faces the possibility of life in prison.
Sebastian Marset, who eluded police for years, was captured in Bolivia last week and transferred to U.S. custody.
A man who was accused of planting pipe bombs outside the RNC and DNC on the eve of the Jan. 6 attack is arguing he is covered by President Trump's sweeping pardons of alleged Jan. 6 rioters.
A meteoroid was spotted streaking across the sky in 10 states. In some areas, there was also a loud boom, similar to an explosion. NASA says the meteor, which was traveling 45,000 mph in the sky, fragmented - causing the bright fireball and loud boom.
Some residents immediately feared the sound was an explosion, according to CBS affiliate WOIO, but weather service officials say it appears to have been a meteor.
Bill Nye the Science Guy sits down with CBS News chief Washington correspondent Major Garrett to talk about his life and career.
NASA's huge Space Launch System rocket has been repaired and is ready for rollout back to the launch pad next week.
Nearly 14 years after it was launched in 2012, NASA says a 1,300-pound satellite is expected to come crashing back to Earth on Wednesday. Most of it will burn up as it reenters the atmosphere, but NASA warns some debris could survive reentry.
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.
Sen. Markwayne Mullin faces tense confirmation hearing for DHS secretary job; DNI Tulsi Gabbard discusses Iran war on Capitol Hill.
The WNBA and its players' union reached a verbal agreement on a transformational new collective bargaining agreement. Jan Crawford has more.
As the IRS pushes to phase out the use of paper checks, more than 800,000 tax filers are now facing delays in getting their refunds. CBS News national reporter Kati Weis has the details.
Dogue, a fashion magazine for dogs, is being sued by Condé Nast, the parent company of Vogue. Tony Dokoupil has details.
An Afghan father who served with U.S. forces died in immigration custody less than a day after being arrested in Texas. Camilo Montoya-Galvez spoke to his family, who are struggling to make sense of his death.