Biden unveils new student debt plan for people with financial hardships
President Joe Biden's plans to forgive student debt have hit legal roadblocks. Now a new plan would look to help people experiencing financial hardships.
Watch CBS News
President Joe Biden's plans to forgive student debt have hit legal roadblocks. Now a new plan would look to help people experiencing financial hardships.
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 says it has now wiped away $167 billion of student loans for 4.75 million people, or 1 in every 10 borrowers.
The Biden administration said it's erasing debt for people who attended the for-profit Art Institutes, which shut down in September.
President Joe Biden unveiled a new plan that comes after the Supreme Court ruled against his previous debt-forgiveness program.
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.
The Department of Education will automatically forgive student debt for borrowers who meet a few conditions. Here's who.
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.
As student loan repayments restart in October, the Biden administration said 125,000 people with student loans will have their debt erased.
Some borrowers who had enrolled in income-driven repayment plans will start getting their debt discharged this week.
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 Education Department said it will begin notifying borrowers on Friday about the automatic discharge.
Borrowers are now facing double whammy after high court rules against Biden administration's student loan forgiveness program.
President Joe Biden vetoed legislation Wednesday that would have repealed his plan to forgive student debt.
The debt ceiling deal includes a provision to end the pandemic-related federal student loan payment pause
One part of plan for tackling student debt could spur more people than expected to join program, analysis says.
The proposal comes as the Biden administration's plan to forgive up to $20,000 in student debt remains in limbo.
Some education experts see the plan as a more powerful tool to make college affordable than the proposal to slash or eliminate student debt for 40 million Americans, which is before the Supreme Court.
The Biden administration had earlier extended a repayment pause while its student-debt relief program remains tied up in court.
A Biden administration program forgiving up to $20,000 in student loans remains hung up in court.
U.S. has told millions of people with student loans that their applications for relief were approved — but there's a hitch.
Michigan Attorney General Dana Nessel joined a coalition of 23 other attorneys general in filing an amicus brief on what they call abusive student loan debt collection practices.
The program had already been on hold since the 8th Circuit Court of Appeals issued a temporary stay last month.
I Heart Dogs Rescue and Animal Haven is hoping to stop theft from its nonprofit animal shelter after a man is accused of stealing donated returnable bottles and cans.
Trump's sentencing in the "hush money" case has been delayed by a New York judge.
At least 32 officers' licenses are being investigated, according to MCOLES.
U.S. guns are fueling conflict in Latin America and the Caribbean.
The death toll has inched up after tourists drank tainted alcohol in the tourist town of Vang Vieng, Laos. Authorities say several people are in custody.
I Heart Dogs Rescue and Animal Haven is hoping to stop theft from its nonprofit animal shelter after a man is accused of stealing donated returnable bottles and cans.
On Thursday, Tlaib said the warrant "signals that the days of the Israeli apartheid government operating with impunity are ending."
Trump's sentencing in the "hush money" case has been delayed by a New York judge.
Hoekstra, who was named chairman earlier this year, previously served as a U.S. House representative in Michigan's 2nd District and as the U.S. ambassador to the Netherlands during Trump's first term.
A 72-year-old man and a 75-year-old woman suffered critical injuries. Several others suffered minor injuries as well.
Local UAW members claim Stellantis is to blame for roughly 4,000 layoffs this fall, not poor market conditions.
Ford said Wednesday most of the job cuts would come in Germany and would be carried out in consultation with employee representatives.
On average, a 15-gallon tank of gas will cost Michiganders $46, which is $12 less than what they were paying from 2023's highest price in August.
General Motors announced Friday it was laying off nearly 1,000 salaried workers worldwide.
General Motors is laying off about 1,000 workers worldwide, shedding costs as it tries to compete in a crowded global automobile market.
Downtown Detroit will begin to be a lot brighter just in time for the Christmas season.
Tickets go on sale to the general public via Ticketmaster on Tuesday, Nov. 26.
The much-hyped fight pitting the 58-year-old Tyson against Paul, 27, shattered records but was marred by tech glitches.
Betty White will be honored with a stamp in 2025, the U.S. Postal Service announced on Friday.
Tickets go on sale Friday, November 22 at 10 a.m.
Trump's sentencing in the "hush money" case has been delayed by a New York judge.
U.S. guns are fueling conflict in Latin America and the Caribbean.
President-elect Donald Trump made the announcement Thursday evening after Matt Gaetz withdrew himself from consideration.
While some are bullish, other experts warn of investment risks as what comes next is impossible to know.
These are the president's top advisers and the highest-ranked U.S. officials. Here's what Cabinet members do — and some issues they're likely to face if confirmed by the Senate.
The school district introduced therapy dogs two years ago, and things have gone so well that it decided to add six more dogs.
Lattes and other espresso-based drinks may not be available at some McDonald's restaurants due to a glitch with coffee machines.
CDC data shows rates of Mycoplasma pneumoniae have surged in babies.
A WARN notice says that an agreement between the hospital and the Secretary of Health and Human Services would be terminated because the hospital was not in compliance with some of the Medicare Conditions of Participation.
A number of homes in parts of Metro Detroit are seeing elevated levels of lead in their drinking water, according to officials.
Ten days ago, former Red Wings great Pavel Datsyuk was inducted into the Hockey Hall of Fame, and on Thursday, Detroit honored the man nicknamed the "Magic Man."
Lucas Raymond scored with 51 seconds remaining and the Detroit Red Wings beat the New York Islanders 2-1.
The No.1 recruit had been committed to the LSU Tigers since January 2024.
Detroit's Tarik Skubal wins the AL Cy Young Award after leading the Tigers to its first playoff in a decade.
Hinch, a 50-year-old in his fourth season leading the Tigers, made the playoffs with a torrid second half despite losing quality players like right-hander Jack Flaherty at the July 30 trade deadline.
Hackel, the former Macomb County Sheriff, said the results of the 2024 contest are giving him more confidence than ever that he has the right stuff and resumé to be governor.
How did the Democrats lose so many races at once?
In Michigan, the Democrats have control of the governor's mansion and both state houses.
In Michigan, the Democrats now have control of the governor's mansion and both state houses.
Both party chairs also talked about the ground game as each looks for independent voters and those who haven't voted in a while they hope to inspire to show up on Nov. 5.
Mark Harmon and Leon Carroll Jr. discuss their new book, "Ghosts of Panama," which follows up their other book "Ghosts of Honolulu."
Tony Petreski with Domasen Burek phyllo dough pies joins CBS News Detroit for this week's Foodie Friday segment.
Some exciting updates and changes are coming to the sports landscape in Detroit. Ryan Gustafson, president and CEO of Ilitch Sports and Entertainment discusses the latest in the Motor City.
I Heart Dogs Rescue and Animal Haven is hoping to stop theft from its nonprofit animal shelter after a man stole returnable bottles and cans that were donated.
More than 30 Detroit police officers are being investigated for not having active law enforcement offices; The Oakland County Prosecutor's Office has agreed to work with Attorney General Dana Nessel to launch an investigation into the Oxford High School shooting; Homeowners in Farmington Hills are protesting against a proposed Sheetz gas station.