Biden admin is forgiving $9 billion in student debt for 125,000 Americans
As student loan repayments restart in October, the Biden administration said 125,000 people with student loans will have their debt erased.
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As student loan repayments restart in October, the Biden administration said 125,000 people with student loans will have their debt erased.
Americans with student loan debt need to begin repaying their loans again after a hiatus of more than three years.
Scammers are seizing on "chaos and confusion" ahead of the resumption of student loan repayments, one expert warned.
Biden administration officials say the new federal program could cut monthly loan payments for 20 million people.
After a three-year hiatus, interest on student loans begins piling up again on Friday, with payments due in October.
Monthly loan payments may drop, based on a borrower's income.
Only one-third of borrowers are aware that loan repayments will restart in October, a new survey found.
The new income-driven repayment plan could cut borrowers' monthly payments in half, while some could see their monthly payments go down to $0.
Unlike Biden's blocked one-time forgiveness program, the new repayment plan will provide benefits for both current and future borrowers who sign up for it.
A look at how we got to Friday's decision and how big the student debt issue is in the United States.
President Joe Biden vetoed legislation Wednesday that would have repealed his plan to forgive student debt.
A three-year pause on student loan payments will end this summer regardless of how the Supreme Court rules on the White House plan to forgive billions of dollars in student loan debt.
Painfully high inflation is putting even more pressure on Americans struggling to repay their college loans.
The Biden administration had earlier extended a repayment pause while its student-debt relief program remains tied up in court.
This case was brought by two borrowers in Texas who have outstanding student loans.
A Biden administration program forgiving up to $20,000 in student loans remains hung up in court.
The extension, up to June 30, 2023, will give the courts time to decide the fate of student loan cancellation.
This comes after the plan has been blocked by two separate federal court rulings.
The government also said in its response to the 8th Circuit Court of Appeals' decision to pause the program that the states do not have standing to intervene.
In their appeal, attorneys for several Republican-led states said the plan will irreparably harm their states' student loan programs.
President Biden announces new college-debt forgiveness site, calling it a "game changer for millions of Americans."
A student loan forgiveness program is helping people in public service jobs wipe away their debt, but those who qualify have just three weeks left to apply before the criteria gets much stricter.
Teachers and other public servants need to apply soon to ensure they are considered for a one-time waiver.
Only some types of debt are covered by the plan. Make sure your loans qualify ahead of the application.
As word spread across college campuses that President Biden was delivering the promised relief, reaction was mostly positive, but still mixed.
Democrat Taylor Rehmet beat Republican Leigh Wambsganss in the special runoff election for the open state Senate District 9 seat.
Texas Agriculture Commissioner Sid Miller dismissed Governor Greg Abbott's endorsement of his Republican challenger, Nate Sheets.
San Antonio's second-year guard posts a career night — 40‑12‑12 — joining David Robinson in franchise history as the Spurs roll 138–125.
Connor Hilton, 17, said that after taking Accutane, a prescribed acne medication, he began to have suicidal and homicidal thoughts – thoughts that, his defense argued, led him to shoot two friends in the head at his Friendswood, Texas, home. Prosecutors weren't convinced.
Terrance Gore, a former outfielder and three-time World Series champion known for his blazing speed on the base paths, has died at 34 years old, according to Major League Baseball officials.
Democrat Taylor Rehmet beat Republican Leigh Wambsganss in the special runoff election for the open state Senate District 9 seat.
Texas Agriculture Commissioner Sid Miller dismissed Governor Greg Abbott's endorsement of his Republican challenger, Nate Sheets.
San Antonio's second-year guard posts a career night — 40‑12‑12 — joining David Robinson in franchise history as the Spurs roll 138–125.
Connor Hilton, 17, said that after taking Accutane, a prescribed acne medication, he began to have suicidal and homicidal thoughts – thoughts that, his defense argued, led him to shoot two friends in the head at his Friendswood, Texas, home. Prosecutors weren't convinced.
Terrance Gore, a former outfielder and three-time World Series champion known for his blazing speed on the base paths, has died at 34 years old, according to Major League Baseball officials.
As Texas, in recent years, has experienced an increase in its infant mortality rate, it has seen a growing interest in bereavement care for families.
The CEO a Dallas nonprofit resigned after a CBS News Texas I-Team investigation that revealed the organization had failed to follow through on its core promises.
Seven years after a deadly school bus-train crash in Athens, the same crossing still lacks gates or lights—despite repeated promises to fix it.
A CBS News Texas investigation found those daily meals no longer being delivered to schools, despite the nonprofit's claims to the contrary.
It once fed thousands of kids. So, how did a Dallas non-profit's core mission fall apart? CBS News Texas investigates.
Democrat Taylor Rehmet beat Republican Leigh Wambsganss in the special runoff election for the open state Senate District 9 seat.
Texas Agriculture Commissioner Sid Miller dismissed Governor Greg Abbott's endorsement of his Republican challenger, Nate Sheets.
Skier Chris Lillis said he was "heartbroken about what's happened in the United States," while skater Amber Glenn said she "will not just be quiet."
President Trump late Friday addressed a video posted to his social media account that included a racist depiction of Barack and Michelle Obama as apes, telling reporters he didn't see the part that showed the former president and first lady.
Though the commerce secretary has called his interactions with Epstein as "limited," the two were in business together four years after Epstein's 2008 guilty plea.
A lawsuit filed late last month took Chicago-based McDonald's to task over the McRib sandwich, calling its name a form of false advertising.
While retailers like Amazon, Macy's and Target are extending their return window for gifts bought during the holidays, some stores are adding fees to return purchases.
Less than two days after Delta Air Lines offered $30,000 to each passenger on board the flight that crashed and flipped in Toronto on Monday afternoon, the company is facing its first two lawsuits in the incident — and they likely won't be the last.
Texas Agricultural Commissioner Sid Miller is calling for a statewide ban on non-water additives, such as fluoride, in the public water system.
Last year, over 16 million vehicles drove on North Texas toll roads without paying, accumulating more than $69 million in unpaid tolls.
U.S. life expectancy rose to 79 years in 2024 - the highest mark in American history. But the U.S. still ranks below dozens of other countries.
Weather-related closures left Carter BloodCare 4,000 units of blood and blood components short of what it needs.
The state of Texas is investing $50 million in research on psychedelic therapies.
Walk with a Doc invites community members to join low-pressure group walks led by physicians.
The largest nurses strike ever in New York City is underway as thousands of NYSNA members walk off their jobs at major hospitals.
An Amazon Prime delivery in Richardson this week left more behind than intended.
Prominent political and business leaders are named in the documents released by the Justice Department in connection with its investigations into Jeffrey Epstein.
A Dallas coffee chain says it's caught in a political firestorm after a walkout over an ICE discount.
During the World Cup, soccer fans will be able to get a taste of what North Texas' new professional soccer team, Atletico Dallas, has to offer.
Salad and Go, a drive-thru salad chain, said on Wednesday that it will close all remaining Texas and Oklahoma stores.
Terrance Gore, a former outfielder and three-time World Series champion known for his blazing speed on the base paths, has died at 34 years old, according to Major League Baseball officials.
Bad Bunny is set to take the stage at halftime for the 2026 Super Bowl. Here's who else is performing at Super Bowl 60.
The U.S. women's hockey team eased to a 5-0 win over Finland on Saturday afternoon.
Skier Chris Lillis said he was "heartbroken about what's happened in the United States," while skater Amber Glenn said she "will not just be quiet."
With Bad Bunny headlining a historic Super Bowl halftime show, we highlight some of his most impactful lyrics in Spanish and English.
Brad Arnold, the founder and lead singer of the 3 Doors Down has died following "his courageous battle with cancer," the rock band announced Saturday on social media.
Bad Bunny is set to take the stage at halftime for the 2026 Super Bowl. Here's who else is performing at Super Bowl 60.
Lead singer and frontman Dee Snider said he suffers from degenerative arthritis and has had several surgeries over the years.
With Bad Bunny headlining a historic Super Bowl halftime show, we highlight some of his most impactful lyrics in Spanish and English.
Spanish figure skater Tomas-Llorenc Guarino Sabate secured the rights to perform his Minions-themed program at the Milan Cortina Games hours before he was set to skate.
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.