New student debt repayment plan has 4M signups. Here's how to enroll
Biden administration officials say the new federal program could cut monthly loan payments for 20 million people.
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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.
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.
President Trump tells the U.N. he has a "big decision to make" on whether to make a deal or drive Iran "into hell."
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.
Sources tell CBS News that Ukraine is ready to sign a landmark drone defense deal with the U.S., as new details of Ukrainian technology helping defend U.S. bases in the Middle East come to light.
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.
Justice Elena Kagan declined a request from a surrogate to intervene in a custody dispute with a California couple.
Hurricane Polo rapidly intensified in the Pacific off the southwestern Mexican coast, growing into a Category 5 storm. Here's the latest on its path.
An autopsy by the Greenville County Coroner's Office determined Hayden Panettiere's death was accidental.
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.
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.
Meta's new AI tool now ranks at the top of the App Store. Some retail experts see a "natural evolution from search."
One of Silicon Valley's most prominent venture investors is gearing its new tech academy toward aspiring entrepreneurs focused on building AI.
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.
Meta's new AI tool now ranks at the top of the App Store. Some retail experts see a "natural evolution from search."
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.
The claims window is open until Dec. 21, 2026. To file a claim, iPhone users must enter basic personal info and their iPhone's serial number.
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.
New research highlights common themes shared by people who found reasons to keep living through dark times.
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.
Sources tell CBS News that Ukraine is ready to sign a landmark drone defense deal with the U.S., as new details of Ukrainian technology helping defend U.S. bases in the Middle East come to light.
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.
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.
Judith Sheindlin, known on TV as Judge Judy, sits down with "CBS Mornings" to discuss her 30-year career as she passes the torch to her son, Adam.
Grandmaster Flash speaks with Nate Burleson about his new book, "Birth of a Culture," where he gives readers an intimate look at his role in the birth of hip-hop.
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.
Experts are worried about the dangers of "swarms" of AI models coming together to accomplish a complex task for nefarious reasons. CBS News' Megan Cerullo breaks down what this means.
Meta's new AI personal assistant, Muse, has reached the top of the U.S. App Store charts, surpassing competitor ChatGPT. CBS News digital reporter Lauren Fichten details how the app's popularity is helping Meta play catch-up in the AI race.
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.
At the U.N. General Assembly on Tuesday, President Trump told world leaders that the U.S. rejects efforts to rein in artificial intelligence. Stephen Witt, a journalist focused on AI, joins "The Takeout" with analysis.
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.
Artificial intelligence technology is developing at an "exponential" rate, Anthropic CEO Dario Amodei told CBS News, calling the situation a "warning sign" for the industry that requires serious safeguards.
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.
Scientists have discovered a crater on the moon that's bigger than the Roman Colosseum, the result of a powerful impact two years ago.
NASA's Roman Space Telescope launched shortly after daybreak from Kennedy Space Center and blazed toward an observation point 1 million miles away.
The $4.3 billion telescope is expected to discover tens of thousands of exoplanets while probing the nature of mysterious dark matter and energy.
President Trump plans to award the Congressional Space Medal of Honor to the crew of NASA's Artemis II mission in a ceremony Aug. 28.
The mission to save NASA's sinking space telescope has been called off, dooming the telescope to a fiery reentry later this year.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Dolly Parton, the country music legend who became a feminist icon, has died at the age of 80. Here is a look back at her life in pictures.
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.
Summer is the time to enjoy live music, indoors and out. Scroll through our gallery of some of 2026's leading musical acts, featuring images by CBS News photojournalist Jake Barlow and photographers Ed Spinelli and Kirstine Walton.
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
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.
President Trump is hosting acting Venezuelan President Delcy Rodríguez at a dinner for world leaders while they are both in New York for the U.N. General Assembly. CBS News national correspondent Lilia Luciano has more.
The Trump administration is planning to welcome up to 17,500 more White South Africans as refugees over the next 12 months. CBS News immigration correspondent Camilo Montoya-Galvez reports.
Diana Kapp is co-author of "The Last Free Women," which details the bravery of women who escaped the Taliban regime to build new lives in America. She and Mursal Rahim, one of the Afghan refugees featured in the book, join "The Daily Report" to discuss their stories.
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.