Watch CBS News
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."
Student loan payments for people enrolled in the Biden administration's SAVE plan will remain on hold for at least six more months.
The 12-month grace period for student loan borrowers ended Sept. 30. The "on-ramp" period helped borrowers struggling to make payments avoid the risk of defaulting and hurting their credit score.
About 1 in 10 people with student loans have gotten debt relief, according to the Biden administration.
This round of Biden's student loan forgiveness proposals targets the interest that adds up over time on student loans.
President Biden said that of the borrowers who can get their loans forgiven, nearly 44,000 are teachers, nurses, firefighters and others who are eligible for forgiveness after working 10 years of public service.
Borrowers who took out $12,000 or less in loans and have been in repayment for at least 10 years could get their debt erased.
This latest $4.8 billion in relief brings the grand total of approved debt cancellation by the administration to $132 billion for over 3.6 million Americans.
The number of people seeking help on the platform to pay student loans has exploded over the last year, the crowdfunding site says.
As student loan repayments restart in October, the Biden administration said 125,000 people with student loans will have their debt erased.
Student loan borrowers facing problems with their servicer shouldn't have to repay their debt until the issues are resolved, 19 state attorneys general say.
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.
Some borrowers who had enrolled in income-driven repayment plans will start getting their debt discharged this week.
Only one-third of borrowers are aware that loan repayments will restart in October, a new survey found.
Many graduates aren't earning enough to even pay down their interest, causing loans to snowball.
The new income-driven repayment plan could cut borrowers' monthly payments in half, while some could see their monthly payments go down to $0.
The Colorado parents accused of abandoning their 6-week-old baby on a median on Christmas appeared in court.
The case of a baby left at an intersection Christmas day in Adams County has captured the attention of Coloradans, and struggling families should know there are resources available to lend a helping hand.
Amid a nationwide pilot shortage, a program started by a Castle Rock mom called Summit Homeschool Academy is helping train the next generation of fliers.
If you keep a handgun in your vehicle, a new Colorado law starting on Jan. 1 will change how you travel with it.
The Kwanzaa Committee of Denver hosts public events throughout the seven days, inviting the entire community.
The parents accused of abandoning their 6-week-old baby on a median on Christmas appeared in court.
The case of a baby left at an intersection Christmas day in Adams County has captured the attention of Coloradans, and struggling families should know there are resources available to lend a helping hand.
Amid a nationwide pilot shortage, a program started by a Castle Rock mom called Summit Homeschool Academy is helping train the next generation of fliers.
If you keep a handgun in your vehicle, a new Colorado law starting on Jan. 1 will change how you travel with it.
The Kwanzaa Committee of Denver hosts public events throughout the seven days, inviting the entire community.
CBS Colorado Anchors Karen Leigh and Michael Spencer showcase some of the most impactful work of your reporters in 2024.
If you keep a handgun in your vehicle, a new Colorado law starting on Jan. 1 will change how you travel with it.
Amid a nationwide pilot shortage, a program started by a Castle Rock mom called Summit Homeschool Academy is helping train the next generation of fliers.
The Colorado parents accused of abandoning their 6-week-old baby on a median on Christmas appeared in court.
Riley Moss is expected to play this weekend, which is good news for the Broncos secondary.
Sophie Hediger, a member of Switzerland's snowboard cross team, competed at the 2022 Beijing Games.
A Colorado State University alum will accomplish a bucket list dream this weekend when he attends the Snoop Dogg Arizona Bowl, achieving his goal of attending every CSU football game this season.
The holiday spirit was alive at the annual Boys and Girls Club party where the Denver Nuggets brought joy to local kids. The club says they need more donations to make the season bright.
The Broncos missed out on a shot to end the second longest current playoff drought in the NFL with Thursday night's 34-27 loss to the Chargers.
Denver Broncos rookie running back Audric Estime scored his first career touchdown on Thursday Night Football.
A voluntary recall was issued for a line of raw and frozen pet food after a cat died of bird flu.
Ryan Wesley Routh is being held in Miami awaiting trial in Fort Pierce.
President Biden signed legislation Christmas Eve to make the bald eagle officially the U.S. national bird.
Authorities in Mississippi say a "desperate" and "very dangerous" convicted murderer, Drew Johnson, is back in custody after escaping from prison Tuesday.
Pilgrims lined up to walk through the great Holy Door at the entrance of St. Peter's Basilica in Rome as Christmas marks the start of the 2025 Holy Year celebration.
Ryan Wesley Routh is being held in Miami awaiting trial in Fort Pierce.
President Biden signed legislation Christmas Eve to make the bald eagle officially the U.S. national bird.
Among the new laws signed by President Biden are Paris Hilton's bill to protect institutionalized teenagers and a bill to address hazing on college campuses.
President Biden has signed the annual defense authorization bill into law.
A government panel has failed to reach consensus on the possible national security risks of a nearly $15 billion proposed deal for Nippon Steel to purchase U.S. Steel.
A voluntary recall was issued for a line of raw and frozen pet food after a cat died of bird flu.
After announcing that Children's Hospital Colorado would become a non-network provider, the hospital has reached a new agreement with the TRICARE military health insurance program.
It was a very special holiday season for an Aurora resident recovering after a unique surgery.
After the loss of their daughter, the Swope family is dedicated to honoring her memory by helping other patients like her.
Humans aren't alone when it comes to yawning — all vertebrates do it. But why? An expert explains the likely reason behind this "evolutionarily ancient" act.
Amid a nationwide pilot shortage, a program started by a Castle Rock mom called Summit Homeschool Academy is helping train the next generation of fliers.
A voluntary recall was issued for a line of raw and frozen pet food after a cat died of bird flu.
Last-minute grocery items and gifts can be found on Christmas Day, but many retailers and chains may be closed today.
Last-minute Christmas shoppers made the best of Christmas Eve, as thousands of people flooded Colorado stores to pick up their final gifts before the holiday.
It's only been open for a few months. But Denver's latest Filipino restaurant is generating a lot of buzz in the Mile High City and beyond.
With a check in hand, a Coloradan is breathing a sigh of relief.
Some Coloradans are getting caught up in the insurance industry's ongoing efforts to find undisclosed drivers or "hidden drivers" who may be costing the industry lost premiums.
A 31-year-old financial analyst was surprised when his insurance company recently informed him that they were increasing his six month premium by $312 for another driver in his home, who he says does not exist.
The state's budget crisis means Colorado families who fought for access to a critical autism therapy now have more work to do.
Last year, 999 claims were made related to damage caused by the roadway in Colorado and nine were paid out.