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.
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Defaults on student loans have surged across the United States, reaching record levels as borrowers struggle to keep up with payments.
Loan revamp affects how much students and families can borrow to pay for college, as well as their repayment options.
Yale joins Harvard, MIT and other top universities that have eliminated tuition for households with modest income.
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.
Current SAVE borrowers will have "limited time" to enroll in a new loan repayment plan and begin repaying their loans, the Education Department said.
The Education Department has temporarily paused loan forgiveness for an income-based repayment plan. Here are the details.
New law reduces the number of federal student loan repayment options and caps how much individuals can borrow for higher education.
This week, the federal government began collecting on defaulted loans. Here's what borrowers need to know.
A new proposal from Republican lawmakers would eliminate the popular SAVE repayment plan, which helped lower costs for millions.
Nearly 10 million borrowers could be in default within a few months, according to the department.
Trump administration effort to wind down the Education Department could lead to frustration for millions of student loan borrowers, experts say.
The Biden administration is canceling federal student loans for another 55,000 workers to the tune of $4.28 billion in what's expected to be the last such round before he leaves office.
President-elect Donald Trump has called the Biden administration's student loan relief efforts a "total catastrophe."
The Biden administration's flagship student loan relief plan has 8 million participants. Here's what they should know about the Supreme Court's decision.
About 1 in 10 people with student loans have gotten debt relief, according to the Biden administration.
The Biden administration on Thursday said it is forgiving $1.2 billion in student debt for 35,000 borrowers who work in public service, ranging from teachers to firefighters.
The White House is turning to other methods to erase student debt after the Supreme Court blocked its broader effort to forgive loans.
President Joe Biden unveiled a new plan that comes after the Supreme Court ruled against his previous debt-forgiveness program.
This round of Biden's student loan forgiveness proposals targets the interest that adds up over time on student loans.
About 78,000 people will receive an email from President Joe Biden telling them that their loans are canceled. Here's what to know.
Typically, FAFSA forms are released on Oct. 1. But this year, the application forms came out three months late, on Dec. 30, 2023.
CBS News Texas' Keith Russell tackles Federal Student Aid in this weekly segment.
CBS News Texas' Keith Russell tackles personal finance in this weekly segment.
The number of people seeking help on the platform to pay student loans has exploded over the last year, the crowdfunding site says.
It's October – which means student loan payments are resuming for nearly 44 million borrowers.
New York rallied from a 12‑point third‑quarter deficit, survived a late Dallas push, and capitalized on Ionescu's perfect overtime shooting to edge the Wings 99-98.
Ashley Keith sat down with CBS News Texas for an exclusive interview, her first ever about her 1991 kidnapping.
Court records show the judge gave Anthony additional time to consider testifying and reminded the attorneys that he was not bound by any informal agreement.
Crowds celebrated the surprise cooldown as staff reminded families to stay safe in extreme temperatures.
Friends say Army Pvt. Isabella Gonzales, the 19‑year‑old Carrollton soldier killed in an Iranian strike on a Jordan air base, will be remembered for her bravery, discipline, and optimism.
Gonzales was killed in action on Friday during an Iranian strike on Muwaffaq Salti Air Base in Jordan, the Pentagon said.
New York rallied from a 12‑point third‑quarter deficit, survived a late Dallas push, and capitalized on Ionescu's perfect overtime shooting to edge the Wings 99-98.
Ashley Keith sat down with CBS News Texas for an exclusive interview, her first ever about her 1991 kidnapping.
Court records show the judge gave Anthony additional time to consider testifying and reminded the attorneys that he was not bound by any informal agreement.
Crowds celebrated the surprise cooldown as staff reminded families to stay safe in extreme temperatures.
Ashley Keith sat down with CBS News Texas for an exclusive interview, her first ever about her 1991 kidnapping.
A growing number of solar customers across the country have been left in limbo following a company's closure or bankruptcy.
Prosper police detectives say they were punished after reporting an alleged affair between a sergeant and a detective, prompting accusations that the department retaliated against whistleblowers.
Only about 7% of homes in Texas have flood insurance.
Payments for country club dues, luxury jet services, and even a reality show competition are not how you'd expect a community non-profit to use its donations.
Almost 100 American service members have been injured in strikes on bases in the Middle East this month, U.S. officials said.
The senators pushed ICE for details on how new agents are vetted and demanded body cameras be rolled out.
The new Air Force One "has a lot of capability, but as I understand it, in about a month or so, they're going to send it to have it be maxed out," President Trump said Sunday.
Homeland Security Investigations is an arm of ICE, meaning the immigration enforcement agency would effectively be investigating incidents involving its own agents.
This is the first time in more than 150 years that a vice president's family had a child while in office.
Target, which embarked on a turnaround plan under its new CEO earlier this year, reported an increase in first-quarter sales Wednesday.
During the program's first year, it will be offered at about 65 to 75 hospitals that handle about a quarter of births in the state and largely serve low-income patients, Newsom's office said.
Bimbo Bakeries USA employs over 20,000 people and has been headquartered in Horsham, Pennsylvania, for the past 17 years.
This explosion is among several similar incidents across North Texas that raise questions about why hazardous natural gas leaks keep happening
Zoox, owned by Amazon, produces its own autonomous vehicles that it says are built for passengers, not drivers.
Taylor Farms said none of its branded salads or kits contain the iceberg lettuce associated with the outbreak.
A lettuce supplier to fast-food giant Taco Bell has been linked to a nationwide cyclosporiasis outbreak that has sickened thousands of people, the CDC said.
Texas health officials are urging families to safely wash, handle and cook produce as Cyclospora cases rise.
Here's a breakdown of what you need to know about this pest and how to keep your pets safe and healthy.
Health officials are warning Texans about a seasonal rise in the intestinal parasite cyclosporiasis, with cases reported across the state.
Mayor Jim Ross said hotel revenue in the city was a record $31 million in June, smashing the previous mark of $23 million.
Cuban alleges Patrick Dumont has engaged in "adversarial business practices."
During every U.S. World Cup match, 18-year-old Aaron Dotson was selling patriotic gear in downtown Dallas.
A growing number of solar customers across the country have been left in limbo following a company's closure or bankruptcy.
Customers say they've gone to three, sometimes even four stores, to find a specific jersey.
As Spain's World Cup champs took to the stage with their trophy, President Trump joined them in their moment of glory.
Bueckers hit a 3-pointer that capped a 14-5 spurt and gave the Wings an eight-point lead with 9:12 left in the game.
Spain dominated the match, outshooting Argentina 20-3, but couldn't manage a goal in regulation — finally scoring in the second period of extra time.
It was the highest-scoring World Cup game since Hungary beat El Salvador 10-1 in 1982.
British runner Josh Kerr ran the mile in 3 minutes, 42.66 seconds on Saturday, breaking a record that has stood since 1999.
The ruling comes after a coalition of 12 states sued to block the deal, arguing it would harm consumers and the entertainment industry.
Throughout family hardships, divorce, and losing her voice to Lyme disease, Shania Twain became the top-selling female country artist of all time. She talks about her biographical new album, "Little Miss Twain," in which she reflects on her life with a smile.
Brenda Fricker won an Academy Award for 1989's "My Left Foot," played the Pigeon Lady in "Home Alone 2" and appeared in "A Time to Kill" and "So I Married an Axe Murderer."
New Zealand actor Sam Neill, known for "Jurassic Park" and "The Piano," died Monday at 78, his family says.
Bonnie Tyler, the Welsh pop star best known for singing the chart-topping power ballad "Total Eclipse of the Heart" in 1983, has died. She was 75.
The Red Bull Flugtag Airshow returned to Las Colinas on Saturday after a 12-year hiatus. Teams are tasked with constructing a flying machine and putting it to the test. It's estimated that around 25,000 people attended the event.
A suspect was taken into custody after an attack on Pearl Street Mall in Boulder on June 1 in which there were 15 people and a dog who were victims. The suspect threw Molotov cocktails that burned some of the victims, who were part of a march for Israeli hostages.
The Neonatal Intensive Care Unit babies at Texas Health locations across North Texas celebrated Valentine's Day.
As Anthony Davis prepared for his debut game at the AAC, Dallas Mavericks fans took to the arena to protest the controversial trade.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
