Democrats at odds over cancelling student debt
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.
Watch CBS News
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 average student loan debt has more than tripled in the last 20 years, leaving more than 75 million millennials juggling debt and economic uncertainty. Jill Schlesinger reports.
New legislation would make four-year public college tuition-free for students from families making less than $125,000.
New Education Department data shows 9.4 million of those borrowers are in default or delinquent on their loans.
The move comes as public sector unions ask the Education Department to cancel loans for borrowers in public service jobs.
Settlement follows FTC claims that the for-profit college's ads misled students about their job prospects.
Student loans offer more flexibility in payment options than other kinds of debt. CBS MoneyWatch contributor Ray Martin shares some advice on managing this heavy burden.
About 42.9 million Americans owe a collective $1.7 trillion in outstanding student loans – a "quiet crisis" that touches families across the nation.
CBS MoneyWatch contributor Ray Martin helps you avoid tax and financial aid pitfalls when paying for your child’s education.
CBS MoneyWatch contributor Ray Martin shares some tips on how students and their parents can ease the burden of paying for higher education.
"This clears the way for President Biden to #CancelStudentDebt," Senator Elizabeth Warren tweets.
Getting a degree is now a "high-stakes decision," one economist says. But those without degrees are even worse off.
The president has promised in the past to eliminate up to $10,000 in debt and explained why he can't support a measure for more.
Representative Omar suggested the resolution may be the first step towards total student debt cancellation.
The Department of Education pick said he was "totally in support" of President Joe Biden's plan to back $10,000 of student loan forgiveness.
On the campaign trail, Mr. Biden promised to address the student loan crisis and supported cancelling $10,000 in debt per borrower.
The president-elect's transition team also said Mr. Biden supports Congress "immediately" cancelling $10,000 of federal student loans
The outgoing education secretary's five-page letter doesn't refer to President-elect Joe Biden by name.
Millions of Americans will be required to resume student loan payments in January unless the popular program is extended.
Democrats in Congress propose bankruptcy reform to aid families and individuals hurting due to college debt.
State prosecutors say the defunct for-profit school lured students into high-interest loans they couldn't afford.
Should students take a gap year? CBS News business analyst Jill Schlesinger weighs in and gives tips for families.
Student loan debt is a $1.5 trillion financial crisis in America. The average household with student debt owes more than $47,000. Mark Strassmann examines the issue in a special CBS News series, "Life and Debt."
As Iran threatens to mine the entire Persian Gulf, President Trump said his deadline for the Strait of Hormuz to reopen is postponed amid negotiations with Tehran.
Iran has received a message from the U.S. through mediators as a potential precursor to talks between the two warring countries, a senior Iranian Foreign Ministry official told CBS News, after President Trump suggested a deal is possible.
The Senate confirmed Markwayne Mullin as secretary of the Department of Homeland Security on Monday, finalizing President Trump's shakeup of DHS following months of scrutiny of Kristi Noem's leadership.
A CBS News analysis of Los Angeles County hospice records found indications of fraud are growing. The House Oversight Committee is now investigating.
Senate talks aimed at ending the 38-day DHS shutdown hit a new roadblock after President Trump called on Republicans to hold out for passage of the SAVE America Act.
Two pilots were killed and dozens of people injured at New York's LaGuardia Airport late Sunday night when an arriving Air Canada Express plane and fire and rescue vehicle collided, authorities said.
The Defense Department says it will issue new press credentials but remove media offices from the Pentagon, after a judge ruled that the military's new rules to get access to the Pentagon were unconstitutional.
A civil jury in California found 88-year-old Bill Cosby liable for drugging and sexually assaulting Donna Motsinger in 1972, and awarded her nearly $60 million.
A U.S. Park Police officer was seriously wounded in an "ambush" shooting in Washington, law enforcement officials said. The officer was "targeted," they said.
A U.S. Park Police officer was seriously wounded in an "ambush" shooting in Washington, law enforcement officials said. The officer was "targeted," they said.
A large explosion at a Valero oil refinery near the Texas Gulf coast shot plumes of smoke into the air and forced some nearby residents to shelter in place.
The Defense Department says it will issue new press credentials but remove media offices from the Pentagon, after a judge ruled that the military's new rules to get access to the Pentagon were unconstitutional.
Hawaii is just beginning the recovery from a pair of massive storms that unleashed up to 4 feet of rain in parts of O'ahu and Maui over the past week, Gov. Josh Green said.
The Senate confirmed Markwayne Mullin as secretary of the Department of Homeland Security on Monday, finalizing President Trump's shakeup of DHS following months of scrutiny of Kristi Noem's leadership.
Polymarket tightened its rules after questions surfaced over whether some prediction market customers engaged in insider trading.
Elon Musk unveiled plans for a massive chip manufacturing facility in Austin, Texas, that he said will power his "galactic" aspirations.
"TSA PreCheck will likely help you, even now with the long lines we're seeing at checkpoints," said one travel expert.
Pet ownership costs over the past year have increased by up to 10%, according to Rover.
The reclusive billionaire bought a majority stake in OnlyFans in 2018, growing the site into a major adult content platform.
The Defense Department says it will issue new press credentials but remove media offices from the Pentagon, after a judge ruled that the military's new rules to get access to the Pentagon were unconstitutional.
The Senate confirmed Markwayne Mullin as secretary of the Department of Homeland Security on Monday, finalizing President Trump's shakeup of DHS following months of scrutiny of Kristi Noem's leadership.
Iran has received a message from the U.S. through mediators as a potential precursor to talks between the two warring countries, a senior Iranian Foreign Ministry official told CBS News, after President Trump suggested a deal is possible.
A CBS News analysis of Los Angeles County hospice records found indications of fraud are growing. The House Oversight Committee is now investigating.
Senate talks aimed at ending the 38-day DHS shutdown hit a new roadblock after President Trump called on Republicans to hold out for passage of the SAVE America Act.
Doctors fear that skepticism, fueled by anti-science sentiment and mistrust, is extending beyond vaccines to other proven, routine care.
Transit Officer Paul DeGeorge thought his son was lying on him. Then he realized something much scarier was happening.
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.
Iran has received a message from the U.S. through mediators as a potential precursor to talks between the two warring countries, a senior Iranian Foreign Ministry official told CBS News, after President Trump suggested a deal is possible.
With Pope Leo XIV's proclamation, the priest commonly known as "Father Flanagan" is now officially declared "venerable."
U.S. officials say assessments show at least a dozen Iranian mines in the Strait of Hormuz as President Trump backs off his threat to target Iran's energy infrastructure over claims of productive peace talks
A military cargo plane crashed shortly after taking off in southwestern Colombia, the South American country's military said.
Trump says aid for Ukraine depleted U.S. weapons stockpiles, but as the Iran war takes that mantle, Kyiv eyes opportunities to build long-term defense partnerships.
A new documentary examines the artificial intelligence boom and its potential risks to humanity, featuring interviews with top AI company CEOs and other experts. Co-director Charlie Tyrell and producer Ted Tremper join CBS News to discuss the making of the film, "The AI Doc: Or How I Became an Apocaloptimist."
"The Pitt" star Patrick Ball tells "CBS Mornings" he had been auditioning since 2013 and didn't think his acting dreams were "ever going to happen" when he was cast in the medical drama. He also opens up about how the series is personal for him.
In 2005, the "Friends" star played Valerine Cherish, a washed-up sitcom actress, in the HBO comedy "The Comeback." The show was cancelled, but it earned a cult following, and returned in 2014. Now, "The Comeback" is itself making a comeback.
In this web exclusive, Emmy-winning actress Lisa Kudrow talks with Tracy Smith about "Friends," and her HBO show "The Comeback."
"Friends" star Lisa Kudrow played a washed-up sitcom actress, Valerie Cherish, in the 2005 HBO comedy "The Comeback." The show was cancelled, but it earned a cult following, and then returned in 2014. Now, "The Comeback" is itself making a comeback for a third season. Kudrow talks with correspondent Tracy Smith about her love for playing Phoebe Buffay; her aptitude for "cringe comedy"; and how she found solace following the death of "Friends" castmate Matthew Perry.
A new documentary examines the artificial intelligence boom and its potential risks to humanity, featuring interviews with top AI company CEOs and other experts. Co-director Charlie Tyrell and producer Ted Tremper join CBS News to discuss the making of the film, "The AI Doc: Or How I Became an Apocaloptimist."
Polymarket tightened its rules after questions surfaced over whether some prediction market customers engaged in insider trading.
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.
Elon Musk says he will make chips in the U.S. for use in Teslas and robots. Reuters global aerospace editor Joe Brock joins to discuss.
Elon Musk unveiled plans for a massive chip manufacturing facility in Austin, Texas, that he said will power his "galactic" aspirations.
The iNaturalist cellphone app not only helps users identify plant, animal and insect species; it also provides invaluable data to scientists studying biodiversity, species decline, and habitat loss. It also provides opportunities for fun: David Pogue joins iNaturalist fan Martha Stewart in a "bioblitz" – a timed competition with other users to spot and ID species.
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 U.S. Park Police officer was seriously wounded in an "ambush" shooting in Washington, law enforcement officials said. The officer was "targeted," they said.
Prosecutors say the man charged in the murder of Loyola University Chicago student Sheridan Gorman missed his first court appearance Monday as he receives treatment for tuberculosis. CBS News immigration correspondent Camilo Montoya-Galvez has the latest.
Newly released bodycam footage shows Justin Timberlake during his 2024 DWI arrest in New York. CBS News' Shanelle Kaul has more.
Police in London are investigating a suspected antisemitic hate crime after vehicles belonging to a Jewish ambulance service were set on fire early Monday morning.
Police found that five Barbie packages containing fentanyl were sold. They have all been recovered.
NASA's Artemis II rocket is back on the launch pad after repairs inside the massive Vehicle Assembly Building at the Kennedy Space Center. Early next month, NASA will try, for a second time, to send a crew of four on a flyby of the moon. Mark Strassmann has more.
A possible meteorite crashed into a Houston area house on Saturday night, tearing through the roof and two stories of the home, officials said.
Retired NASA astronaut and Air Force Col. Eileen Collins joins "CBS Saturday Morning" to discuss her groundbreaking journey to become the first woman to pilot the Space Shuttle and the first to command a Space Shuttle mission.
After a trip back out to the launch pad, NASA's Artemis II rocket will be readied for a historic flight to the moon.
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.
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.
Two pilots die after an Air Canada Express flight hits a fire-rescue truck at LaGuardia Airport; Trump calls off his Strait of Hormuz ultimatum.
Iran has received a message from the U.S. through mediators as a potential precursor to talks between the two countries, a senior Iranian Foreign Ministry official told CBS News on Monday. Clay Seigle, senior fellow at the Center for Strategic and International Studies, joins CBS News to discuss the war.
The Senate on Monday confirmed Republican Sen. Markwayne Mullin of Oklahoma to lead the Department of Homeland Security, replacing Kristi Noem.
A new documentary examines the artificial intelligence boom and its potential risks to humanity, featuring interviews with top AI company CEOs and other experts. Co-director Charlie Tyrell and producer Ted Tremper join CBS News to discuss the making of the film, "The AI Doc: Or How I Became an Apocaloptimist."
Parts of O'ahu and Maui were battered by a pair of massive storms, which the governor said had unleashed up to 4 feet of rain in certain areas. It caused the worst flooding in 20 years. Matt Gutman reports.