Biden administration cancels $5.8 billion in student debt
The move will erase debt for more than 560,000 borrowers.
Student Loan
As midterms near, debate over student loan forgiveness heats up
More than 43 million borrowers hold more than $1.6 trillion in federal student loan debt.
It's about to get more expensive to take out federal student loans
Interest rates will be 4.99% for undergraduate loans, 6.54% for graduate loans and 7.54% for PLUS loans for the 2022-2023 year.
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.
Republicans target pause on student loan payments
The pause's extension from the beginning of May to the end of August will add an estimated $20 billion to the deficit.
Biden looks at forgiving some fed student loan debt, says Hispanic Caucus
He shared his plans during a 90-minute White House meeting with the Hispanic Caucus Monday.
Warren urges Biden to cancel student loan debt ahead of midterms
"Democrats win when Democrats are in touch with the American people and what's happening to them," she told "Face the Nation."
Study shows who would benefit most from different forms of student loan relief
As the White House mulls canceling debt, a new study from the New York Fed details how different proposals would affect borrowers.
Student loan program changes could bring millions closer to getting out of debt
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.
Millennials, Gen Z put off major financial decisions because of student loans, study finds
Despite their student debt, only 10% said in retrospect they would skip higher education.
Canceling student loan debt "still on the table" for Biden administration
The White House extended the federal student loan payment pause through August 31, but has not announced a decision about wiping out debt.
4/5: Red and Blue
Zelenskyy addresses U.N. Security Council; Biden administration to extend student loan freeze
White House extends student loan repayment pause through August 31
The pause had been slated to end May 1.
Student jailed for spending almost $1M in student aid on luxury goods
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.
Borrowers waiting as May 1 student loan payment restart approaches
An analysis by the New York Fed warns student loan borrowers are likely to experience a "meaningful rise in delinquencies" once forbearance ends.
Forgive all student debt, former Education Secretary says
John King says urgent action is needed to help millions of Americans deal with the "crushing burden" of student debt.
Wife surprises husband by paying off loans
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.
Student loan forgiveness overhaul
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.
30,000 borrowers to get student loans forgiven
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.
Education Department to forgive $415 million in student debt
The latest round of loan forgiveness brings the total amount approved by the department to approximately $2 billion for more than 107,000 borrowers.
Navient steered borrowers toward costly student loans, states say
Multi-state settlement calls for loan servicer to cancel $1.7 billion in debt for 66,000 borrowers.
Public Service Loan Forgiveness nightmares
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.
Public Service Loan Forgiveness Program not living up to its name
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.
Student debt erased for borrowers with permanent disabilities
Borrowers with total and permanent disabilities can already apply for elimination of their student loan debt.
Biden administration extends student loan payment pause
Americans will be able to defer their student loan payments through the end of January 2022.
Exclusive
CBS News took a boat into the Strait of Hormuz. Here's what we saw.
Reporters from CBS News carefully arranged a risky trip into the Strait of Hormuz. Here's what they saw.
Trump signs executive order to research psychedelics for mental health
The order will open the door for more research into psychedelic drugs, including ibogaine, sources told CBS News earlier this week.
Live
Iran reimposes Strait of Hormuz restrictions, citing U.S. blockade
Iran swiftly reversed course on reopening the Strait of Hormuz after the U.S. said the move would not end its blockade.
Trump says Iranians have "agreed to everything," including removal of enriched uranium
President Trump spoke with CBS News Friday in a new telephone interview.
How the dispute between Trump and Pope Leo escalated
President Trump has lobbed insults at Pope Leo XIV in response to his criticisms of the war in Iran, marking an unusually pronounced rupture between the leaders of the world's most powerful country and the world's largest Christian denomination.
U.K. police probe arson attack on building formerly housing Jewish charity
There were no injuries reported in connection with the attack, police said Saturday.
Midwest, Great Lakes brace for more severe storms
Severe thunderstorms are forecast across the Southern Plains, Mississippi Valley and Great Lakes on Saturday.
Lead prosecutor on probe into John Brennan is removed from case, sources say
Maria Medetis Long, who was overseeing a criminal investigation into whether former CIA Director John Brennan lied to Congress is no longer assigned to the case.
Thomas, Alito not planning to retire from Supreme Court this year, sources say
Sources close to Supreme Court Justices Samuel Alito and Clarence Thomas tell CBS News neither is planning to retire this year.
U.S.
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Record U.S. drought sparks fears about wildfires, water and food prices
Meteorologists said the drought is a bad sign for the upcoming wildfire season, food prices and existing water issues.
U.K. man pleads guilty to hacking scheme that stole $8 million
Tyler Robert Buchanan, 24, of Scotland, pleaded guilty in California federal court.
Midwest, Great Lakes brace for more severe storms
Severe thunderstorms are forecast across the Southern Plains, Mississippi Valley and Great Lakes on Saturday.
Appeals court allows all White House ballroom construction to resume
An order earlier this week blocked most above-ground construction on the project.
Judge blocks Nexstar's acquisition of Tegna until antitrust suit resolved
The deal, approved by the FCC, would create a company that owns 265 television stations in 44 states and Washington, D.C.
MoneyWatch
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Judge blocks Nexstar's acquisition of Tegna until antitrust suit resolved
The deal, approved by the FCC, would create a company that owns 265 television stations in 44 states and Washington, D.C.
Airlines cut routes in response to rising jet fuel costs amid Iran war
Rising jet fuel prices are forcing airlines to cut routes and trim schedules.
Oil prices plummet after Iran says Strait of Hormuz is "completely open"
Prices dropped after Iran's foreign minister said the Strait of Hormuz is "completely open" for the remainder of the Israel-Lebanon ceasefire.
Here's who is spending money on AI subscriptions, and how much they cost
Households are starting to make room in their budgets for spending on generative AI subscriptions, new data shows.
Ford recalls nearly 1.4 million pickup trucks due to gearshift issue
The recall affects F-150 vehicles quipped with a six-speed automatic transmission produced between March 12, 2014, and Aug. 18, 2017, according to NHTSA.
Politics
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Trump signs executive order to research psychedelics for mental health
The order will open the door for more research into psychedelic drugs, including ibogaine, sources told CBS News earlier this week.
Appeals court allows all White House ballroom construction to resume
An order earlier this week blocked most above-ground construction on the project.
Judge blocks Nexstar's acquisition of Tegna until antitrust suit resolved
The deal, approved by the FCC, would create a company that owns 265 television stations in 44 states and Washington, D.C.
U.S. delegation visited Cuba last week as Trump heaped pressure on island
A delegation of senior State Department representatives traveled to Cuba via a U.S. government plane last week, officials said, a diplomatic opening amid intense pressure from the Trump administration.
How the dispute between Trump and Pope Leo escalated
President Trump has lobbed insults at Pope Leo XIV in response to his criticisms of the war in Iran, marking an unusually pronounced rupture between the leaders of the world's most powerful country and the world's largest Christian denomination.
HealthWatch
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Trump signs executive order to research psychedelics for mental health
The order will open the door for more research into psychedelic drugs, including ibogaine, sources told CBS News earlier this week.
Mom's labor turns into fight for life after 1 symptom: "I think I'm about to die"
Casey Gould wanted to be a mom her whole life. Her long-awaited pregnancy went smoothly — until she saw something alarming.
Dr. Erica Schwartz nominated for CDC director
President Trump nominated a new director for the Centers for Disease Control and Prevention on Thursday. Dr. Erica Schwartz is a former deputy surgeon general and retired Coast Guard rear admiral.
RFK Jr. defends proposed 12% health budget cut, measles response in House testimony
Health Secretary Robert F. Kennedy Jr. testified before the House Ways and Means Committee on Thursday, kicking off an expected sprint of seven budget hearings he'll attend over the next week.
Trump announces he's nominating Dr. Erica Schwartz for CDC director
CBS News reported Wednesday that Dr. Erica Schwartz was emerging as the president's top pick for the role.
World
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Over 1,000 bone fragments found in Mexico City ahead of World Cup
Mexico City and Guadalajara are preparing to host World Cup games in June, with protesters denouncing the government's failure to properly investigate the disappearances.
Former chef facing 14 murder charges to plead guilty to aiding suicide
Abetting suicide carries a maximum sentence of 14 years, according to the Canadian Criminal Code.
U.K. police probe arson attack on building formerly housing Jewish charity
There were no injuries reported in connection with the attack, police said Saturday.
U.S. delegation visited Cuba last week as Trump heaped pressure on island
A delegation of senior State Department representatives traveled to Cuba via a U.S. government plane last week, officials said, a diplomatic opening amid intense pressure from the Trump administration.
How the dispute between Trump and Pope Leo escalated
President Trump has lobbed insults at Pope Leo XIV in response to his criticisms of the war in Iran, marking an unusually pronounced rupture between the leaders of the world's most powerful country and the world's largest Christian denomination.
Entertainment
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Entertainment
Breaking down the unlikely rise of the PWHL
New York Sirens captain Micah Zandee-Hart and Professional Women's Hockey League executive vice president of hockey operations Jayna Hefford sit down with "CBS Saturday Morning" to discuss the league's recent increase in popularity.
"Schmigadoon!" prepares for Broadway debut
Cinco Paul, the screenwriter behind hit movies like the "Despicable Me" series and "Dr. Seuss' Horton Hears a Who!", sits down with "CBS Saturday Morning" to discuss his latest project: adapting the hit Apple TV+ series "Schmigadoon!" for Broadway.
The Lone Bellow performs "You Were Leaving"
The Lone Bellow began playing more than 10 years ago and gained a following for their folksy, Brooklyn sound. Now, out with their latest album, "What a Time to Be Alive," here's The Lone Bellow performing "You Were Leaving."
The Lone Bellow performs "No Getting Over You"
The Lone Bellow began playing more than 10 years ago and gained a following for their folksy, Brooklyn sound. Now, out with their latest album, "What a Time to Be Alive," here's The Lone Bellow performing "No Getting Over You."
The Lone Bellow performs "I Did It For Love"
The Lone Bellow began playing more than 10 years ago and gained a following for their folksy, Brooklyn sound. Now, out with their latest album, "What a Time to Be Alive," here's The Lone Bellow performing "I Did It For Love."
Technology
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Technology
Experts have warning for AI-generated podcasts
Millions of Americans get health information from podcasts. Now, some medical experts are warning about the harmful impacts of misinformation on these programs. CBS News medical contributor Dr. Céline Gounder has more.
AI "agents" can do your shopping. Should you let them?
Big retailers are embracing agentic commerce as a new way to shop. But you should think twice before handing over your credit card, tech experts say.
How AI powered robots are helping small farms
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.
AI version of Val Kilmer to star in new movie
Actor Val Kilmer died last April, and yet he is starring in a new movie, made after his death. Jo Ling Kent reports on how filmmakers resurrected his voice and image by using artificial intelligence.
Key takeaways on Anthropic's new AI model
More concerns are emerging about Anthropic's new Mythos AI model. Matt Shumer, a former AI company founder and CEO, joins CBS News with more details.
Science
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First major forecast for 2026 Atlantic hurricane season is released
Colorado State University has released its annual Atlantic hurricane forecast, predicting 13 named storms and six hurricanes may develop during the 2026 season.
Creature thought to be world's oldest octopus isn't an octopus after all
Scientists have found evidence that a 300-million-year-old sea creature previously thought to be the world's oldest octopus is actually a nautilus relative.
March smashed heat records in several ways, federal data shows
Last month was the hottest March on record for the Lower 48 states, by the most for any month ever, federal data shows. And a forecast El Niño could heat Earth even more.
Emperor penguins listed as endangered species
The emperor penguin has been declared an endangered species as climate change pushes the icon of Antarctica a step closer to extinction, the global authority on threatened wildlife says.
Stunning photos from Artemis II show Earth, moon, eclipse from space
The astronauts aboard Artemis II are the first humans to see some parts of the far side of the moon with the naked eye.
Crime
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Over 1,000 bone fragments found in Mexico City ahead of World Cup
Mexico City and Guadalajara are preparing to host World Cup games in June, with protesters denouncing the government's failure to properly investigate the disappearances.
Former chef facing 14 murder charges to plead guilty to aiding suicide
Abetting suicide carries a maximum sentence of 14 years, according to the Canadian Criminal Code.
U.K. man pleads guilty to hacking scheme that stole $8 million
Tyler Robert Buchanan, 24, of Scotland, pleaded guilty in California federal court.
What we know about d4vd's arrest
David Burke, a singer who performs under the name d4vd, is behind bars on suspicion of murder. He was arrested after the body of a 14-year-old girl was found in the trunk of his Tesla in September 2025. Matt Gutman reports.
500 pounds of liquid meth found after Fort Worth crash; 2 dead
Two people were found dead when a minivan carrying nearly 500 pounds of liquid meth worth up to $3 million crashed in a Fort Worth neighborhood.
Space
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Artemis II crew on historic moon mission and what it means for Earth
"We are carrying back everything we learned, not only about where we went but ourselves," mission specialist Christina Koch told "CBS Evening News" anchor Tony Dokoupil.
Artemis II astronauts still awed by moonshot experience: "It was otherworldly"
The four Artemis II astronauts struggled to describe the view and overall experience of flying around the moon's far side and witnessing a solar eclipse in deep space.
"God of chaos" asteroid will pass close to Earth in 3 years, NASA says
People on the ground in the Eastern Hemisphere will be able to observe the asteroid with their own eyes, weather permitting, according to NASA.
Artemis II astronauts welcomed home to Houston after historic moonshot
The Artemis II astronauts flew back to the Johnson Space Center in Houston Saturday to cheers and applause from family members and hundreds of NASA workers.
9 highlights from Artemis II's epic journey around the moon
The Artemis II crew's nine-day moon mission set a record for the farthest any human has ever traveled from Earth. Here's a look at the key moments.
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Notable Deaths in 2026
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Evidence in the Barbara Kendhammer case
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
The life & near death of prizefighter Christy Salters-Martin
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Timeline: The disappearance of George Smith
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Who is Alix Tichelman?
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
Latest CBS News Videos
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Latest CBS News Videos
Breaking down the unlikely rise of the PWHL
New York Sirens captain Micah Zandee-Hart and Professional Women's Hockey League executive vice president of hockey operations Jayna Hefford sit down with "CBS Saturday Morning" to discuss the league's recent increase in popularity.
Watch: Trump signs latest executive order
President Trump signed an executive order Saturday that eases restrictions on the research of the psychedelics including the drug ibogaine, which is used in some countries to treat post-traumatic stress disorder.
"Schmigadoon!" prepares for Broadway debut
Cinco Paul, the screenwriter behind hit movies like the "Despicable Me" series and "Dr. Seuss' Horton Hears a Who!", sits down with "CBS Saturday Morning" to discuss his latest project: adapting the hit Apple TV+ series "Schmigadoon!" for Broadway.
Apollo 16 astronaut reflects on NASA's impact
Charles Duke, a former NASA astronaut and Air Force officer who became the youngest person to walk on the moon during the 1972 Apollo 16 mission, sits down with "CBS Saturday Morning" to reflect on U.S. space exploration amid the recent Artemis II moon mission.
String of violent tornadoes slams millions in the Midwest
A string of tornadoes slammed the Midwest overnight as the region grapples with severe storms.