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.
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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."
The Iran war is nearing the three-week mark as about 2,200 more U.S. Marines and three more warships are headed toward the region, two U.S. officials say.
It is unclear under what circumstances President Trump would authorize the use of U.S. troops on the ground in Iran.
Border czar Tom Homan is expected back on Capitol Hill later Friday for bipartisan talks.
Chuck Norris' family said his death at 86 was sudden, but did not share any other information.
Siamak Namazi, who was released from Iran's Evin prison in 2023, said "it's important" that President Trump "hears that there are innocent Americans being held like we were as political pawns."
A jury has found Elon Musk liable for misleading investors by deliberately driving down Twitter's stock price in the tumultuous months leading up to his 2022 acquisition of the social media company.
As Florida moves homeowners' policies out of its state-run insurer of last resort, insiders question one new company's finances.
The Trump administration argued that Harvard unlawfully discriminated against Jewish and Israeli students, in violation of federal civil rights law.
Two former Louisville police officers were facing civil rights charges in connection with the 2020 shooting death of Breonna Taylor.
A jury has found Elon Musk liable for misleading investors by deliberately driving down Twitter's stock price in the tumultuous months leading up to his 2022 acquisition of the social media company.
Transcript: Siamak Namazi, Emad Shargi, Roger Carstens, Neda Sharghi on "Face the Nation with Margaret Brennan," March 22, 2026
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Five people who were charged in connection to the Feeding Our Future scheme pleaded guilty to wire fraud this week.
Honolulu officials said the Wahiawa dam is failing or expected to fail soon and residents nearby should evacuate.
A jury has found Elon Musk liable for misleading investors by deliberately driving down Twitter's stock price in the tumultuous months leading up to his 2022 acquisition of the social media company.
CBS News announced Friday that CBS News Radio will be shutting down this spring after nearly 100 years of broadcasting, citing "challenging economic realities."
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A pharmaceutical company issued the recall after receiving complaints of "gel-like mass and black particles" in the product, the FDA said.
Transcript: Siamak Namazi, Emad Shargi, Roger Carstens, Neda Sharghi on "Face the Nation with Margaret Brennan," March 22, 2026
Border czar Tom Homan is expected back on Capitol Hill later Friday for bipartisan talks.
Siamak Namazi, who was released from Iran's Evin prison in 2023, said "it's important" that President Trump "hears that there are innocent Americans being held like we were as political pawns."
Two former Louisville police officers were facing civil rights charges in connection with the 2020 shooting death of Breonna Taylor.
It is unclear under what circumstances President Trump would authorize the use of U.S. troops on the ground in Iran.
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.
Transcript: Siamak Namazi, Emad Shargi, Roger Carstens, Neda Sharghi on "Face the Nation with Margaret Brennan," March 22, 2026
Siamak Namazi, who was released from Iran's Evin prison in 2023, said "it's important" that President Trump "hears that there are innocent Americans being held like we were as political pawns."
With gas closing in on $4 a gallon, the Trump administration is pulling multiple levers to tame energy prices. The results have been mixed.
It is unclear under what circumstances President Trump would authorize the use of U.S. troops on the ground in Iran.
Mexican President Claudia Sheinbaum on Friday condemned the deaths of three Mexican nationals in ICE custody this year.
CBS News announced Friday that CBS News Radio will be shutting down this spring after nearly 100 years of broadcasting, citing "challenging economic realities."
Bodycam video footage of Justin Timberlake's June 2024 DWI arrest on Long Island will be released to the media with redactions, court records show.
Action star Chuck Norris has died at age 86, his family announced Friday. CBS News' Mugo Odigwe reports.
Reality TV star Taylor Frankie Paul's booking photo for an apparent incident in 2023 has emerged. Entertainment Tonight's Nischelle Turner joins with more details.
Chuck Norris' family said his death at 86 was sudden, but did not share any details on the cause.
A jury has found Elon Musk liable for misleading investors by deliberately driving down Twitter's stock price in the tumultuous months leading up to his 2022 acquisition of the social media company.
The White House unveiled a national framework for how it wants Congress to address concerns about artificial intelligence. Technology journalist Jacob Ward joins CBS News to discuss the outline and AI concerns.
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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.
Five people who were charged in connection to the Feeding Our Future scheme pleaded guilty to wire fraud this week.
Bodycam video footage of Justin Timberlake's June 2024 DWI arrest on Long Island will be released to the media with redactions, court records show.
Federal prosecutors in Miami subpoenaed former FBI Director James Comey as part of a probe into Obama-era intelligence officials, two sources familiar with the investigation tell CBS News. Jake Rosen reports.
The failure to protect explicit case evidence in Denise Huskins' kidnapping and sexual assault case is driving reform at the State Capitol. New developments exposed a little-known gap in state law that could expose videos of sexual assault victims.
Several Minnesota families saw justice served on Thursday morning after five young women were killed in a high-speed crash two summers ago in Minneapolis.
After a trip back out to the launch pad, NASA's Artemis II rocket will be readied for a historic flight to the moon.
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Some residents immediately feared the sound was an explosion, according to CBS affiliate WOIO, but weather service officials say it appears to have been a meteor.
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Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
Senate Majority Leader John Thune said border czar Tom Homan will be back on Capitol Hill on Friday night to continue talks with Democrats about funding the Department of Homeland Security. CBS News congressional reporter Taurean Small has the latest.
NATO countries have so far rejected President Trump's call for help with the Strait of Hormuz. Ret. Gen. Joseph Votel, former commander of U.S. Central Command, joins to discuss.
President Trump on Friday called NATO allies "cowards" for declining to send troops to help reopen the Strait of Hormuz. CBS News senior White House correspondent Weijia Jiang has more.
Sources tell CBS News that the Pentagon is preparing detailed plans for a possible U.S. ground force deployment in Iran. CBS News senior national security correspondent Charlie D'Agata has more from Tel Aviv, Israel.
President Trump on Friday said the U.S. does not need the Strait of Hormuz, through which 20% of the world's oil passes, and said other nations "will have to get involved." CBS News White House reporter Aaron Navarro has more.