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President Joe Biden vetoed legislation Wednesday that would have repealed his plan to forgive student debt.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.
Despite catastrophic damage across Mineral Wells, officials say no one was killed – and neighbors are banding together with food, supplies, and support.
A $5,000 reward has not led to the capture of the 20-year-old.
Police say a 24‑year‑old man opened fire during a domestic dispute, sending one round into a neighboring home.
Authorities say a 1‑year‑old boy was fatally struck when a family member moved a vehicle during approaching storms in northeast Parker County.
Day 14 of the Tanner Horner trial featured experts and a jailhouse witness as jurors weigh death or life without parole.
Despite catastrophic damage across Mineral Wells, officials say no one was killed – and neighbors are banding together with food, supplies, and support.
A $5,000 reward has not led to the capture of the 20-year-old.
Police say a 24‑year‑old man opened fire during a domestic dispute, sending one round into a neighboring home.
Authorities say a 1‑year‑old boy was fatally struck when a family member moved a vehicle during approaching storms in northeast Parker County.
Day 14 of the Tanner Horner trial featured experts and a jailhouse witness as jurors weigh death or life without parole.
Family ignored a nighttime alert during deadly flooding. Now, questions are growing about notification fatigue and whether the system needs changes.
Texans are tuning out more than Amber Alerts, with the highest opt-out rate in the country for wireless emergency alerts.
State records show regulators ordered the removal of a plastic gas pipe installed in the early 1970s after it was linked to multiple explosions and deaths in North Texas.
This explosion is among several similar incidents across North Texas that raise questions about why hazardous natural gas leaks keep happening
A North Texas baby placed under the safe haven law is at the center of a rare custody fight after the biological family came forward months later seeking to reclaim him.
The Supreme Court rule 6-3 in a decision that has implications for the scope of the landmark Voting Rights Act.
A grand jury on Tuesday issued the indictment against Comey, alleging that an Instagram post that said "86 47" in seashells was a threat to assassinate Mr. Trump.
Acting U.S. Ambassador to Ukraine Julie Davis is stepping down, but officials deny reports that it follows disagreements with President Trump
The Trump administration is subjecting broad categories of immigrants applying for green cards and citizenship to enhanced FBI checks, and is pausing some cases while those changes are implemented, according to documents obtained by CBS News.
Dr. David Morens worked as a senior adviser to NIAID's Office of the Director from 2006 through 2022.
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.
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.
After months waiting for a new heart, 9-year-old Penny found hope through music—and a second chance at life.
New Texas regulations took effect March 31 that capped THC in smokable hemp products at 0.3%, banning some popular items.
HHS Secretary RFK Jr. wants the popular coffee chains to prove their surgery drinks are safe for teens and suggested the Trump administration could place limits on your cup of coffee.
Tests of dozens of baby formulas by Consumer Reports found that nearly half contained potentially dangerous chemicals.
USALESS.COM is recalling its Rhino Choco VIP 10X product due to the undeclared presence of Tadalafil, which is the active ingredient in Cialis.
Herring said that in the year before tariffs, used car sales were just under half of his business at his dealership in Irving; Now, they are nearly 75 percent.
Bimbo Bakeries USA employs over 20,000 people and has been headquartered in Horsham, Pennsylvania, for the past 17 years.
Weiser said "the last few years has required a heavy financial lift to continue operating."
Small businesses along South Akard Street say the removal of a key bridge connecting Downtown Dallas to the Cedars neighborhood is already driving customers away, with no return of direct access expected until 2028.
An Amazon Prime delivery in Richardson this week left more behind than intended.
Nathan Eovaldi delivered seven scoreless innings as the Rangers blanked the Yankees 3-0, snapping New York's hot streak and avoiding a sweep in Arlington.
Matt Boldy scored the tiebreaking power-play goal in the final minute of the second period and the Minnesota Wild beat the Dallas Stars 4-2 for a 3-2 lead in the first-round Western Conference series.
Aaron Judge and Ben Rice had the first back-to-back homer for the Yankees this season, and Jazz Chisholm Jr. also went deep as AL-best New York beat the Texas Rangers 4-2.
Flagg was in a tight race with his college roommate and Charlotte Hornets guard Kon Knueppel for the award throughout the season.
Paige Bueckers is setting boundaries. The Dallas Wings star says her relationship with teammate Azzi Fudd is private—and won't affect their mission to turn the franchise around on the court.
First lady Melania Trump said that jokes Jimmy Kimmel made on his show days before the White House Correspondents' Dinner were "hateful and violent rhetoric."
Jake was at the funeral for one of his closest friends when he learned of his parents' deaths, he said.
Afrika Bambaataa, a rapper and producer, was best known for breakthrough tracks like 1982's "Planet Rock" and for founding the Universal Zulu Nation art collective.
Federal magistrate Renee Harris Toliver told Pooh Sheisty that the evidence against him is strong.
A major music festival featuring the rapper formerly known as Kanye West was canceled after the U.K. government blocked Ye from entering the country.
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.
