Want to save on student loan payments? Here's how to get a discount.
Federal student loan borrowers can qualify for a 1% discount on monthly interest charges if they enroll by the deadline. Here's what to know.
Student Loan
Millions of student loan borrowers in default
More than 9 million student loan borrowers are now in default after the Trump administration wiped out Biden-era repayment plans. Danielle Douglas-Gabriel, a national higher education reporter for The Washington Post, joins with more.
Student loan defaults surging in wake of COVID-tied payments pause expiration
Defaults on student loans have surged across the United States, reaching record levels as borrowers struggle to keep up with payments.
New student loan rules take effect today. Here's what to know.
Loan revamp affects how much students and families can borrow to pay for college, as well as their repayment options.
Don't Buy a House Together Until You Hear This
Caller Aaron has a family mess on his hands: his cousin bought a house with a girlfriend; they broke up, and now his cousin's credit is still tied to the property while the ex continues living there and refuses to refinance. Jill explains exactly what to do before buying a major asset with someone you're not married to. Plus, Jill breaks down the new student loan rules that took effect on July 1, 2026, how parents and prospective students should navigate the new rules and why taking on debt for college may not be worth it anymore. Have a money question? Email askjill@jillonmoney.com.
New federal student loan rules take effect
Significant changes to federal student loan policies took effect on Wednesday. CBS News business analyst Jill Schlesinger joins "The Takeout" to explain what borrowers need to know.
Federal student loan changes begin
Starting on Wednesday, the Department of Education is sending out notices to some federal student loan borrowers with important deadlines. CBS News business analyst Jill Schlesinger explains who is affected and what to do if you receive a notice.
He dreamed of becoming a physician assistant. New loan rules may thwart him.
Starting July 1, the government will cap what graduate students may borrow in federal loans, forcing many toward private lenders with higher interest rates.
Key changes coming to federal student loans
Federal student loan repayment plans are set to change on July 1. Danielle Douglas-Gabriel, a national higher education reporter for The Washington Post, joins with more.
Here's who qualifies for the Trump adminstration's student loan rate cut
The temporary discount applies to eligible federal Direct Loan borrowers who use automatic payments.
Doctor uses side hustle to pay student loans
Dr. Brandon Axelrod, an oral and maxillofacial surgery resident in New York City, found a creative way to pay off his massive student loan debt. CBS News' Jarred Hill has more.
Yale to offer free tuition to families who earn less than $200,000 a year
Yale joins Harvard, MIT and other top universities that have eliminated tuition for households with modest income.
2026 changes to student loans: What to know
The Trump administration is set to resume wage garnishment for student loan borrowers in default. Michele Zampini, associate vice president for federal policy and advocacy at the Institute for College Access and Success, joins to discuss how borrowers can prepare.
Student loan latest on wage garnishment
The Department of Education is sending out wage garnishment notices this week that could impact millions of student loan borrowers who have defaulted. CBS News business analyst Jill Schlesinger explains who is affected and what to do if you receive a notice.
Student loan borrowers in default could see wages garnished in 2026
The Education Department signaled earlier this year that it would move to resume wage garnishment, among other forms of involuntary collection, for those in default.
Trump admin moves to end SAVE plan for millions of student borrowers
Current SAVE borrowers will have "limited time" to enroll in a new loan repayment plan and begin repaying their loans, the Education Department said.
Could a government shutdown impact student loans? Here's what to know.
A government shutdown began on Wednesday. Here's what to know about student loans, educational funding and the FAFSA.
Trump admin could block student loan relief for some public servants
Proposed Department of Education rule could deny loan forgiveness to borrowers whose employers are found to be illegally "undermining national security and American values."
Student loan interest resumes for millions
The Trump administration will begin collecting interest from federal student loan borrowers enrolled in the SAVE plan starting Friday. Kate Wood, loans expert and writer at NerdWallet, joins CBS News to discuss what borrowers need to know.
Student loan forgiveness for a popular repayment plan is paused
The Education Department has temporarily paused loan forgiveness for an income-based repayment plan. Here are the details.
How Trump's "big, beautiful bill" affects student loans
New law reduces the number of federal student loan repayment options and caps how much individuals can borrow for higher education.
New grads struggle to find jobs, repay loans
As young Americans struggle with job prospects and loan repayment, CBS News business analyst Jill Schlesinger shares tips to ease financial stress and stay on track.
Social Security garnishment for defaulted student loans is paused
The Trump administration last month started garnishing paychecks and Social Security benefits to collect defaulted loans.
Student borrowers' credit scores are plunging. Here's why that matters.
New delinquency reports will hurt the credit scores of borrowers who fail to make payments on their student loans.
Behind on your student loan? Here's what to know about wage garnishment.
With the Department of Education this month resuming collections on student loans, millions of Americans are at risk of having their wages garnished.
Trump promised to lower prices for Americans. Here's what the data shows.
Hurricane Isaias becomes Category 3 storm as it threatens northern Gulf Coast
Trump announces Russia will release millions of tons of diesel to help with costs
Pentagon's plan to livestream execution sparks intense backlash
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