One-third of graduate schools leave their alums drowning in debt
Many graduates aren't earning enough to even pay down their interest, causing loans to snowball.
Watch CBS News
Many graduates aren't earning enough to even pay down their interest, causing loans to snowball.
The new income-driven repayment plan could cut borrowers' monthly payments in half, while some could see their monthly payments go down to $0.
Young voter groups hope to replicate the boost in midterm election turnout after the Supreme Court struck down the federal right to an abortion in 2022.
The Biden administration announced they will forgive student loans for more than 800,000 borrowers who have made at least 20 years of payments. That forgiveness comes as the Education Department prepares to implement major changes to a repayment plan which will reduce borrowers' monthly payments. Errol Barnett has more on how this all may affect you.
The Biden administration is taking steps to forgive billions in student loan debt. It's doing so by making fixes to some repayment plans. The move will automatically forgive $39 billion of educational debt. This comes after the Supreme Court struck down another student debt forgiveness plan just weeks ago. CBS News reporter Natalie Brand has more.
Millions of Americans are preparing to resume paying back their student loans in October. That's after the Supreme Court overturned President Biden's plan to forgive up to $20,000 in debt last week. Emily Irwin, managing director and senior director of advice at Wells Fargo Wealth and Investment Management, has tips for how to prepare.
The Supreme Court this week struck down the Biden administration's student loan forgiveness plan, and also ruled against the use of affirmative action in higher education. The high court also ruled that businesses can refuse service to LGBTQ customers. Christina Ruffini has more on how the White House is responding.
The Supreme Court voted in a 6-3 decision to strike down the Biden administration's plan to forgive student loans through the HEROES Act. Biden responded by laying out a new plan to waive or modify student debt. Christina Ruffini reports.
CBS News Business Analyst Jill Schlesinger answers your biggest questions after the Supreme Court ruling on Biden's student loan forgiveness plan.
The Supreme Court on Friday struck down the Biden administration's student loan relief program. Monique White, financial expert and head of community at Self Financial, joins CBS News to share tips on navigating finances after the student loan decision.
In a 6-3 decision, the Supreme Court on Friday struck down a Biden administration plan to cancel billions of dollars in student debt. Major Garrett has the latest.
President Biden delivered remarks criticizing the Supreme Court's decision to strike down his student loan forgiveness plan. In a 6-3 ruling Friday, the court's conservative majority said federal law does not allow the program to wipe out nearly half-a-trillion dollars in debt. Mr. Biden says he will take action to address the problem in other ways. Watch his full remarks and analysis in this CBS News Special Report.
The conservative Supreme Court majority on Friday struck down President Biden's student loan forgiveness plan while also ruling on a case involving LGBTQ rights, religious freedom and free speech. CBS News chief Washington correspondent Major Garrett reports. Then CBS News legal contributor Jessica Levinson examines how the president could try to move forward with loan forgiveness.
The Supreme Court on Friday struck down President Biden's student loan forgiveness plan. And in a separate case, the justices ruled in favor of a designer who did not want to make wedding websites for same-sex couples. GOP consultant Terry Sullivan and Democratic strategist Antjuan Seawright joined CBS News to talk about the potential political fallout from the rulings.
"We'll use every tool at our disposal to get you the student debt relief you need to reach your dreams," President Biden said.
The Supreme Court in a 6-3 decision struck down President Biden's student loan forgiveness plan Friday, denying relief to 40 million Americans who stood to benefit from the program. Nate Burleson anchored CBS News' special report.
The Supreme Court's conservative majority has recently upended decades of past precedent involving issues that have shaped American life. CBS News legal contributor Jessica Levinson and chief Washington correspondent Major Garrett break down some of the major decisions this term -- and what to expect moving forward.
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.
After the Supreme Court's ruling invalidating the president's student loan forgiveness plan, is the Biden administration's effort to cancel student loan debt over? Dr. Laura McNeal, law professor at the University of Louisville and a lecturer at Columbia University, joins CBS News to share her perspective.
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.
The Supreme Court struck down President Biden's student loan forgiveness plan, denying relief to 40 million Americans who stood to benefit from the program.
The Supreme Court ruled Friday in favor of a Colorado graphic artist who declined to design wedding websites for same-sex couples.
The Supreme Court is expected to rule this month on the legality of President Biden's student debt forgiveness plan. A pause on debt repayment is set to expire in September. CBS News' MoneyWatch associate managing editor Aimee Picchi has more.
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.
Israel says it killed Iran's top security official Ali Larijani, as America's European allies reject Trump's demands for help in the Strait of Hormuz.
President Trump has invited farmers and biofuels producers to the White House for an event next week as the industry awaits the government's announcement on mandates for the fuel additives.
Jurors delivered their verdict Monday in the trial of Kouri Richins, a Utah mother accused of murdering her husband and later publishing a children's book about grief.
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.
A bitter Democratic primary is unfolding in Maine as Gov. Janet Mills and Graham Platner battle for the chance to challenge GOP Sen. Susan Collins — pitting a governor with a long political resume against an anti-establishment oyster farmer.
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 person believed to be the ex-wife of the suspect in the attack at Michigan's Temple Israel told authorities that the suspect was "not stable" ahead of the attack, according to a 911 call obtained by CBS News Detroit.
The 2026 Democratic primary campaign for retiring Sen. Dick Durbin's Senate seat is largely a three-person race. Voters go to the polls Tuesday in Illinois.
The Cuban government is planning to allow Cuban nationals who live abroad to invest in the island, a government official told NBC News, as the country faces economic collapse and pressure from the Trump administration.
From a surprising heatwave in California to blizzards burying parts of the Midwest and storms rolling over the East Coast, chaotic weather put more than half the nation's population in the path of extreme conditions.
The 2026 Democratic primary campaign for retiring Sen. Dick Durbin's Senate seat is largely a three-person race. Voters go to the polls Tuesday in Illinois.
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.
Jurors delivered their verdict Monday in the trial of Kouri Richins, a Utah mother accused of murdering her husband and later publishing a children's book about grief.
The Kennedy Center's board of directors has voted to shut down operations for two years following this summer's July 4 celebrations.
Costco is recalling a meatloaf and potato meal kit because one of its ingredients may be contaminated with salmonella.
Hyundai's announcement came after a child died in an incident involving a Palisade vehicle, which the car maker said is still under investigation.
Small adjustments, like maintaining a steady speed while driving, can help maximize fuel efficiency, experts say.
Gas prices have jumped almost 79 cents per gallon from a month ago, raising fresh inflation concerns.
Some economists think the Fed, facing inflationary pressures from rising energy prices, may not cut interest rates at all this year.
President Trump has invited farmers and biofuels producers to the White House for an event next week as the industry awaits the government's announcement on mandates for the fuel additives.
A bitter Democratic primary is unfolding in Maine as Gov. Janet Mills and Graham Platner battle for the chance to challenge GOP Sen. Susan Collins — pitting a governor with a long political resume against an anti-establishment oyster farmer.
The 2026 Democratic primary campaign for retiring Sen. Dick Durbin's Senate seat is largely a three-person race. Voters go to the polls Tuesday in Illinois.
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.
The Kennedy Center's board of directors has voted to shut down operations for two years following this summer's July 4 celebrations.
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.
Sebastian Marset, who eluded police for years, was captured in Bolivia last week and transferred to U.S. custody.
Israel says it killed Iran's top security official Ali Larijani, as America's European allies reject Trump's demands for help in the Strait of Hormuz.
At least 23 people were killed and more than 100 wounded in suspected suicide bombings in Maiduguri, Nigeria, police said. It was one of the deadliest attacks in the conflict-battered city in recent history.
The Taliban in Afghanistan claim that a Pakistani military airstrike on a drug rehabilitation hospital in Kabul has killed over 400 people, but Pakistan alleges the site was a weapons depot.
President Trump was planning to visit China at the end of March.
The Kennedy Center's board of directors has voted to shut down operations for two years following this summer's July 4 celebrations.
Oscar winners Jessie Buckley, Michael B. Jordan and other celebrities appeared on the red carpet for the Vanity Fair party after the awards show. See some of the red carpet looks.
The 2026 Academy Awards were held in Los Angeles on Sunday. Entertainment Tonight host Kevin Frazier breaks down the winners and the biggest upsets.
CBS News contributor Lauren Sherman breaks down some of the best looks from the 2026 Oscars, where looks from Chanel and Dior dominated the red carpet.
Grammy award-winner Lizzo exclusively announced on "CBS Mornings" her latest project, a children's book called "Little Lizzo Meets Sasha B. Flute." She spoke with Gayle King about her inspiration for the book and message for young readers.
A constant battle in the U.S. health care system is the fight between insurers and providers over the cost of medical procedures and who foots the bill. Both sides are turning to artificial intelligence to make their case. CBS News medical contributor Dr. Céline Gounder explains.
A community in Alabama is pushing back against a solar farm that would power an artificial intelligence data center in the state. CBS News reporter Kati Weis has more.
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 are underway in a landmark social media trial about addiction claims. CBS News correspondent Carter Evans has the details.
For one week, three New Jersey high schoolers agreed not to take their phones to bed, and to try different tools to reduce screen time.
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.
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 jury on Monday found Kouri Richins, a Utah mom who wrote about grief, guilty of murder in the fatal poisoning of her husband. CBS News reporter Andres Gutierrez has more.
Jurors delivered their verdict Monday in the trial of Kouri Richins, a Utah mother accused of murdering her husband and later publishing a children's book about grief.
Authorities have made an arrest in the cold case disappearance of California teenager Victoria Marquina.
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.
The Van Allen probe's mission was meant to last two years, but ended up going for nearly seven.
NASA has announced a major overhaul of its Artemis moon program amid ongoing safety concerns. CBS News space consultant Bill Harwood has more details.
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.
A jury on Monday found Kouri Richins, a Utah mom who wrote about grief, guilty of murder in the fatal poisoning of her husband. CBS News reporter Andres Gutierrez has more.
Trump calls for other countries to help open Strait of Hormuz; White House chief of staff Susie Wiles diagnosed with breast cancer.
For years, CBS News' own Steve Hartman and photographer Lou Bopp documented the bedrooms of children killed in school shootings. The resulting film, "All the Empty Rooms," just won an Oscar. Tony Dokoupil has more.
With the spring and summer travel seasons on the horizon, many are wondering how worried to be about long security lines at the airport. Brian Kelly, founder of The Points Guy website, joins to discuss.
Since the start of the U.S. and Israel's war with Iran just over two weeks ago, 500 tankers have been stuck by Iran in the Strait of Hormuz. Imtiaz Tyab reports.