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Biden cancels $7.4 billion in student debt. Here's who is eligible.
The White House is turning to other methods to erase student debt after the Supreme Court blocked its broader effort to forgive loans.
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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.
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.
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.
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.
President Joe Biden vetoed legislation Wednesday that would have repealed his plan to forgive student debt.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
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.
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.
The Biden administration is moving forward with an overhaul of several student debt forgiveness programs, aiming to make it easier for borrowers to get relief if they are duped by their colleges or if they put in a decade of work as public servants.
Polls show Americans' trust in the Supreme Court has never been lower, especially in light of ethical lapses that lead observers to question the impartiality of the justices.
Some Democrats question Biden's ability to campaign in the 2024 presidential election, divide over whether he should be the nominee, after voters say Trump won debate.
Hurricane warnings are already in effect in Barbados, St. Lucia, Grenada, St. Vincent and the Grenadines and Tobago.
Brandsegg-Nygard is the first Norwegian player selected in the first round of the NHL Draft.
Hurricane Beryl is forecast to strengthen into a "dangerous major hurricane" before reaching Barbados and the Windward Islands late Sunday.
Denise Ezell filed a lawsuit on Wednesday, saying she still has not received the money since winning on Oct. 30, 2023.
Michigan Gov. Gretchen Whitmer said the difference between Biden and Trump "could not be clearer" following the first presidential debate of the year.
Polls show Americans' trust in the Supreme Court has never been lower, especially in light of ethical lapses that lead observers to question the impartiality of the justices.
The Dearborn Heights City Council approved the budget for the upcoming fiscal year, avoiding a citywide shutdown on July 1.
Some Democrats question Biden's ability to campaign in the 2024 presidential election, divide over whether he should be the nominee, after voters say Trump won debate.
American automakers are pushing back against a federal safety ruling that involves automatic emergency braking technology in new cars.
Dearborn Village Ford general sales manager Jay Sturtz says they're resorting to good old-fashioned pen and paper while they wait for CDK to come back online.
The board of General Motors approved another $6 billion share repurchase as the Detroit automaker continues to build momentum in 2024.
United Auto Workers union President Shawn Fain and other union leaders are under investigation by a federal court-appointed monitor, according to a court filing.
Stellantis-owned Chrysler is recalling more than 211,000 SUVs and pickup trucks in the U.S., due to a software malfunction that could disable the cars' electronic stability control systems.
Martin Mull came to national fame with a recurring role on the Norman Lear-created satirical soap opera "Mary Hartman, Mary Hartman," and the starring role in its spinoff, "Fernwood 2 Night."
"CBS News 24/7," a daily flagship show featuring live reporting from CBS News and Stations' local-to-global newsrooms, brings viewers a dynamic and immersive news experience.
Alec Baldwin's attorneys say the involuntary manslaughter charge against him for the "Rust" shooting that killed Halyna Hutchins should be dismissed.
If you're a car enthusiast, the M1 Concourse in Pontiac is gearing up for a jam-packed season.
In 1999, a series about a New Jersey crime family premiered on HBO; it would change television. Series creator David Chase, and stars Edie Falco, Steven Van Zandt, Michael Imperioli and Steve Schirripa, discuss the personal and cultural impact of "The Sopranos."
Polls show Americans' trust in the Supreme Court has never been lower, especially in light of ethical lapses that lead observers to question the impartiality of the justices.
Hurricane warnings are already in effect in Barbados, St. Lucia, Grenada, St. Vincent and the Grenadines and Tobago.
Martin Mull came to national fame with a recurring role on the Norman Lear-created satirical soap opera "Mary Hartman, Mary Hartman," and the starring role in its spinoff, "Fernwood 2 Night."
The Supreme Court overruled a 40-year-old decision that said federal courts should defer to agencies in certain cases. Here's what it means.
CDK outage forecast to slow auto sales by 7.2% in June, pushing demand into July.
The FDA said its study better simulated how commercial milk processing kills the bird flu virus, H5N1.
"We can serve payers very effectively from the footprint that remains," CEO Tim Wentworth says of the coming Walgreens closures.
A Rochester mother is concerned about her 16-year-old son's allergy medication after she says it arrived at their home without the equipment to keep it at a certain temperature.
A Michigan Court of Claims judge has granted a preliminary injunction blocking abortion regulations including the 24-hour waiting period, "informed consent" and a ban on advanced practice clinicians providing abortion care.
Medicina Scarlett in Southwest Detroit is now offering its services in English and Spanish to bridge a gap in health care.
Brandsegg-Nygard is the first Norwegian player selected in the first round of the NHL Draft.
Akshay Bhatia shot a 5-under 67 that included a free drop after his golf ball fell into a fairway drain at Detroit Golf Club.
Detroit City FC heads back on the road this Saturday, traveling down to South Beach to face off against Miami FC.
The lawsuit against the NFL covered 2.4 million residential subscribers and 48,000 businesses who paid for the "Sunday Ticket" package of out-of-market games.
The Detroit Pistons have taken forward Bobi Klintman on Thursday in the 2024 NBA Draft after trading with the Minnesota Timberwolves.
U.S. Energy Secretary Jennifer Granholm and U.S. Transportation Secretary Pete Buttigieg appear on CBS Detroit's Michigan Matters this Sunday.
The University of Michigan's Ross School of Business is celebrating its 100th anniversary this year.
The three top elected county leaders essentially run the Metro Detroit region.
U.S. Rep. Shri Thanedar appears on CBS Detroit's Michigan Matters and talks about the mental health crisis impacting the nation, the fallout of the war in Gaza and his re-election campaign.
Lisa Ford appears on CBS Detroit's Michigan Matters and talks about Michigan Central Station, which her husband, Bill Ford, Executive Chair of Ford Motor Co., decided to bring back to life in 2018.
Expect mostly clear skies and cool temperatures overnight.
The Dearborn Heights City Council approved the budget for the upcoming fiscal year, avoiding a citywide shutdown on July 1.
This year marks the sixth year that the Detroit Golf Club hosted the Rocket Mortgage Classic, but the history of the course goes back much further than that.
Golfer Nick Bienz, who went viral for qualifying for the Rocket Mortgage Classic after drinking three beers, joined CBS News Detroit to talk about competing in the tournament.
The community said its final goodbyes to fallen Oakland County Sheriff Deputy Brad Reckling at Apostolic Church in Auburn Hills, where his visitation and funeral took place on Friday.