Biden says he's considering forgiving student debt, but not $50,000
"I'm in the process of taking a hard look at whether or not there will be additional debt forgiveness," the president said.
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"I'm in the process of taking a hard look at whether or not there will be additional debt forgiveness," the president said.
The pause's extension from the beginning of May to the end of August will add an estimated $20 billion to the deficit.
He shared his plans during a 90-minute White House meeting with the Hispanic Caucus Monday.
"Democrats win when Democrats are in touch with the American people and what's happening to them," she told "Face the Nation."
As the White House mulls canceling debt, a new study from the New York Fed details how different proposals would affect borrowers.
A review found some servicers had been placing borrowers facing financial difficulties into forbearance instead of giving them clear information about income-driven repayment options.
Despite their student debt, only 10% said in retrospect they would skip higher education.
The White House extended the federal student loan payment pause through August 31, but has not announced a decision about wiping out debt.
Zelenskyy addresses U.N. Security Council; Biden administration to extend student loan freeze
The pause had been slated to end May 1.
A South African judge said the former accounting student spent almost $1,000 per day for months after a clerical error dumped the cash in her account.
An analysis by the New York Fed warns student loan borrowers are likely to experience a "meaningful rise in delinquencies" once forbearance ends.
John King says urgent action is needed to help millions of Americans deal with the "crushing burden" of student debt.
Tony Henry was long saddled with student loan debt, until his wife Jayla came through with the Christmas surprise of a lifetime. The Henrys speak with “CBS Mornings” about the big surprise and what they hope to do with their newfound financial freedom.
The Department of Education announced Wednesday an overhaul on a student loan forgiveness program, which could help over half a million borrowers erase their debt. CBS News business analyst Jill Schlesinger explains who will benefit from the changes.
The Education Department has identified a total of 100,000 student loan borrowers eligible to have their debt canceled since the Biden administration made changes to the Public Service Loan Forgiveness program.
The latest round of loan forgiveness brings the total amount approved by the department to approximately $2 billion for more than 107,000 borrowers.
Multi-state settlement calls for loan servicer to cancel $1.7 billion in debt for 66,000 borrowers.
The Public Service Loan Forgiveness program was meant to erase student loan debt for borrowers who spent a decade as public servants. But the program has come up woefully short for members of the military. Lesley Stahl reports.
The Public Service Loan Forgiveness program was meant to erase student loan debt for borrowers who spent a decade as public servants. But the program has come up woefully short for members of the military. Lesley Stahl reports.
Borrowers with total and permanent disabilities can already apply for elimination of their student loan debt.
Americans will be able to defer their student loan payments through the end of January 2022.
House Speaker Nancy Pelosi says Congress needs to pass legislation, a day after Senate Majority Leader Chuck Schumer advocated forgiveness from the president's pen.
A government moratorium on federally backed college debt expires on December 31. Student loan borrowers are worried.
Led by the attorney general of Massachusetts, 18 states and D.C. are suing the Department of Education and Secretary Betsy DeVos for suspending rules that would erase student debt for some Americans. The Borrower Defense Rule would have protected students of for-profit colleges that engaged in misconduct. CBS News business analyst Jill Schlesinger joins "CBS This Morning" to discuss the lawsuit.
The Justice Department said the process of releasing the Epstein files may take "a few more weeks" due to the volume of materials.
The economy remained on track this year, defying the gloomiest predictions. That doesn't mean Americans are thrilled with how things are going.
President Trump said TV broadcast licenses should be revoked if newscasts and late-night shows are almost entirely negative about him and the GOP.
Forecasters said Southern California could see its wettest Christmas in years and warned about flash flooding and mudslides, especially in areas scorched by wildfires.
The Justice Department early Tuesday released more than 11,000 additional documents and photos from the Jeffrey Epstein files.
President Trump has overhauled parts of the White House at a sprinter's pace with virtually no oversight, and it appears there is little standing in his way.
Thousands of people traveled from nearby towns and villages to attend Bethlehem's annual Christmas Eve tree lighting ceremony, which was canceled the last two years.
The Department of Homeland Security says it's replacing its longstanding lottery system for H-1B work visas with an approach that prioritizes skilled, higher-paid foreign workers.
NORAD, the North American Aerospace Defense Command, tracks Santa's Christmas Eve flight around the world each year. Follow a live map of the tracker here.
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.
The Justice Department said the process of releasing the Epstein files may take "a few more weeks" due to the volume of materials.
Many Americans face soaring costs to heat their homes this winter. Here are some ways to lower your monthly utility bill.
Forecasters said Southern California could see its wettest Christmas in years and warned about flash flooding and mudslides, especially in areas scorched by wildfires.
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 U.S. Trade Representative said tariffs on Chinese semiconductors, now at zero, are set to increase in June 2027.
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.
Trump signed an executive order in March saying it was "no longer in the national interest" for attorney Mark Zaid and others to access classified information.
More say they will probably talk about family or health, rather than politics, as they gather for the holidays.
President Trump said TV broadcast licenses should be revoked if newscasts and late-night shows are almost entirely negative about him and the GOP.
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)
The Centers for Disease Control and Prevention estimates there have been 4.6 million flu cases across the U.S. since the season began. Dr. Amanda Kravitz, a pediatrician at Weill Cornell in New York, explains what to know about rising cases, symptoms to watch for and how to protect your family.
President Trump-backed candidate Nasry Asfura has won Honduras' presidential election, the country's electoral authorities said, ending a weeks-long count.
Billions worldwide mark the birth of Jesus of Nazareth with various traditions.
The private jet carrying Libya's Gen. Muhammad Ali Ahmad al-Haddad and four other military officials crashed on Tuesday.
Thousands of people traveled from nearby towns and villages to attend Bethlehem's annual Christmas Eve tree lighting ceremony, which was canceled the last two years.
Ukrainian President Volodymyr Zelenskyy says a plan to end his country's war with Russia might include the establishment of demilitarized zones between Ukrianian and Russian forces.
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.
Kiefer Sutherland stars in the new holiday comedy "Tinsel Town," about a washed-up Hollywood actor who lands in a small English town doing a theater production of "Cinderella." He talks about what drew him to the role.
Feeding America's CEO said the organization is "incredibly grateful" for Taylor Swift's large donation.
Actor Mandy Patinkin and writer and director Aram Rappaport are behind the new murder mystery series, "The Artist," which is a work of historical fiction set in the Gilded Age. They speak to "CBS Mornings" about the series and how it got started. Patinkin also reflects on the life of Hollywood icon Rob Reiner.
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.
Thieves hooked an ATM to a stolen SUV and ripped the machine out of a Texas convenience store in a brazen robbery captured on video released Wednesday by the White Settlement Police Department. Police say the ATM later disconnected as the suspects fled and officers recovered it in a culvert. Investigators are searching for the suspects.
There have been more than 1,700 flight delays in the U.S. so far Wednesday, according to FlightAware. That's due in part to a major storm hitting the West Coast. CBS News senior transportation correspondent Kris Van Cleave reports.
More than a dozen staffers have left the conservative think tank the Heritage Foundation for a nonprofit founded by former Vice President Mike Pence, the Wall Street Journal reports. The internal blowup was sparked by foundation president Kevin Roberts defending Tucker Carlson's interview of white nationalist commentator Nick Fuentes.
Ukrainian President Volodymyr Zelenskyy says he has agreed to most of the United States' 20-point plan to end Russia's war with Ukraine, but control of the Donbas region remains a sticking point. CBS News' Ramy Inocencio has the latest.
2025 marks a milestone for a Christmas book that sparked a holiday tradition for millions of families: Elf on the Shelf is 20 years old. The first book about the beloved and sometimes mischievous character was published along with the elf doll in 2005. CBS News' Dave Malkoff has more.