Biden administration forgives another $1.2 billion in student loans
About 1 in 10 people with student loans have gotten debt relief, according to the Biden administration.
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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.
It's the 2024 college acceptance season, which means families are grappling with an important question about how to pay for tuition. CBS News Business Analyst Jill Schlesinger explains what to know.
About 78,000 people will receive an email from President Joe Biden telling them that their loans are canceled. Here's what to know.
The Department of Education will automatically forgive student debt for borrowers who meet a few conditions. Here's who.
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.
The plan would benefit those who don't qualify for loan forgiveness under the current temporary program.
Officials will meet to discuss finalized plans for the program Monday, but experts say many people may not even know they qualify for it. CBS New York's Zinnia Maldonado asks the experts.
As student loan repayments restart in October, the Biden administration said 125,000 people with student loans will have their debt erased.
CBS New York's Elijah Westbrook speaks with an expert to break down what borrowers need to know.
After more than three years of COVID-related reprieve, federal student loan borrowers need to resume payments starting Oct. 1. CBS News Business Analyst Jill Schlesinger tells us how to prepare.
The bill is coming due for students who took out loans to finance their education. Now, many borrowers need to rework their budgets to make their payments.
The bill is coming due for students who took out loans to finance their education. Now, many borrowers need to rework their budgets to make their payments.
The Education Department said it will begin notifying borrowers on Friday about the automatic discharge.
Now that the Supreme Court has ruled against the Biden administration's plan to cancel student loans, millions of borrowers have a lot of questions. We hear from CBS News Business Analyst Jill Schlesinger for her answers.
The Supreme Court delivered a crushing blow last week to President Joe Biden's original attempt to cancel massive student debt. With the first loan payments due this fall, Natalie Brand reports on what borrowers can expect.
In a separate ruling, the justices dealt what's being called a major setback for LGBTQ+ rights.
Attorney J.C. Polanco, a higher education advocate, joined CBS New York's Dana Tyler to break down what the ruling means for those with student debt.
A sharply divided Supreme Court struck down Pres. Joe Biden's $400 billion to cancel or reduce federal student loan debts for millions of Americans. The court also sided with a designer who will not work with same sex couples. CBS2's Tim McNicholas reports.
About 40 million Americans are no longer eligible for debt relief after the Supreme Court threw out President Biden's student loan forgiveness plan.
Borrowers are now facing double whammy after high court rules against Biden administration's student loan forgiveness program.
The court will consider whether President Biden has the authority to wipe away billions of dollars in loan debt for millions of Americans.
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.
With the possibility of getting up to $20K forgiven tied up in the courts, experts list some steps borrowers can take.
Don't let the sunny skies fool you as dangerously cold weather settles into New York, New Jersey and Connecticut.
Expect jam-packed airports and highways in the New York City area as the holiday travel season kicks into high gear.
Downed wires suspended Amtrak and New Jersey Transit services affecting Sunday morning travelers in Philadelphia, New Jersey and New York.
Jalen Brunson scored 29 of his season-high 39 points in the second half to power the Knicks to a 104-93 victory over the Pelicans on Saturday night.
Bo Horvat had two goals and an assist, Isaiah George scored his first NHL goal and the Islanders beat the Maple Leafs 6-3 on Saturday night.
Don't let the sunny skies fool you as dangerously cold weather settles into New York, New Jersey and Connecticut.
Expect jam-packed airports and highways in the New York City area as the holiday travel season kicks into high gear.
The Yankees have found a stopgap at first base, reportedly agreeing to a one-year, $12.5 million contract with Paul Goldschmidt.
NYPD Chief of Department Jeffrey Maddrey has resigned following a bombshell allegation of sexual misconduct on the job.
Amazon workers are on strike at the company's Staten Island warehouse, its largest union facility in New York City.
Don't let the sunny skies fool you as dangerously cold weather settles into New York, New Jersey and Connecticut.
Expect jam-packed airports and highways in the New York City area as the holiday travel season kicks into high gear.
New York City congestion pricing is facing a last-ditch effort in federal court to delay the Jan. 5 implementation new tolls in Manhattan.
Snow and frigid temperatures set in across the Tri-State Area on Saturday, the first day of winter.
With the first day of winter quickly approaching, it's time to take a look at what's in store, and how La Niña may factor in.
Don't let the sunny skies fool you as dangerously cold weather settles into New York, New Jersey and Connecticut.
Expect jam-packed airports and highways in the New York City area as the holiday travel season kicks into high gear.
Party City announced mass layoffs at its headquarters in Woodcliff Lake, New Jersey, according to an email sent to employees.
A New Jersey drone pilot says most sightings are easily explained after people have been reporting mysterious drones in the state for weeks.
New York City congestion pricing is facing a last-ditch effort in federal court to delay the Jan. 5 implementation new tolls in Manhattan.
Don't let the sunny skies fool you as dangerously cold weather settles into New York, New Jersey and Connecticut.
Expect jam-packed airports and highways in the New York City area as the holiday travel season kicks into high gear.
A new law in Suffolk County allows police to arrest spectators at street takeovers, not just drivers at the illegal meetups.
The FAA issued a temporary flight restriction for drones over New York City, Long Island and parts of Westchester County. The restrictions are in effect until January 19.
New York City congestion pricing is facing a last-ditch effort in federal court to delay the Jan. 5 implementation new tolls in Manhattan.
NYPD Chief of Department Jeffrey Maddrey has resigned following a bombshell allegation of sexual misconduct on the job.
Former New York Gov. Andrew Cuomo filed a lawsuit Thursday against a former aide, Charlotte Bennett, who alleged he sexually harassed her in 2020.
The stopgap measure will fund the government and provide tens of billions in disaster relief.
NYC Mayor Eric Adams' former chief advisor Ingrid Lewis-Martin has been indicted on bribery charges, the Manhattan DA announced.
A move in Congress by Sen. Chuck Schumer that would have allowed towns to track drones was blocked Wednesday.
A woman who lost her jaw after being caught in a crossfire in Ukraine can smile again thanks to transformative surgery in New York.
Some 13 oz. bags of Lay's Classic Potato Chips may contain an undeclared allergen, according to the snack company.
New York Congressman-elect George Latimer expects "major pushback" to Robert F. Kennedy Jr.'s potential vaccine policy if he heads Donald Trump's Health and Human Services Department.
A breakthrough treatment is making a huge difference for stroke survivors, improving hand and arm function, and their quality of life.
CBS News New York's Cindy Hsu's mental illness did not stop her. Now, she's highlighting hope and solutions.
Sean "Diddy" Combs was back in federal court in Lower Manhattan on Wednesday for a pretrial hearing.
A spokesperson for Foxx said that he had to get stitches after he was hit in the face by a glass thrown from someone else in the restaurant.
Sean "Diddy" Combs filed a motion Friday to dismiss his appeal for bail, meaning he will stay in jail until his trial on sex trafficking charges in May 2025.
Jamie Foxx opened up about why he was hospitalized for several weeks in April 2023.
The annual gala at the John F. Kennedy Center for the Performing Arts features personalized tributes with performances and testimonials from fellow artists.
Jalen Brunson scored 29 of his season-high 39 points in the second half to power the Knicks to a 104-93 victory over the Pelicans on Saturday night.
Bo Horvat had two goals and an assist, Isaiah George scored his first NHL goal and the Islanders beat the Maple Leafs 6-3 on Saturday night.
Lauri Markkanen scored 21 points, Collin Sexton and Svi Mykhailiuk each had 18 points, and the Jazz beat the Nets 105-94 on Saturday night.
Nico Hischier had a goal and two assists and Jacob Markstrom made 12 saves as the Devils beat the Penguins 3-0 on Saturday night.
Rickey Henderson is widely considered to be one of the best leadoff hitters and base stealers in baseball.
As Hanukkah approaches, the Brooklyn organization is in a race against time to deliver gifts to children battling illnesses.
Mets owner Steve Cohen's Metropolitan Park casino complex proposal has picked up steam after gaining the Queens borough president's approval.
Parts of the MTA's emergency exit infrastructure are in a hazardous state of disrepair, according to a new audit report.
The Riverside Church of New York announced this week plans to close its Weekday School after 95 years of caring for local children.
Neighbors living in communities without subway stops say congestion pricing has caused many to consider leaving New York City.
Dogs got decked out for the annual Tompkins Square Halloween Dog Parade in New York City's East Village on Saturday.
Cosplayers flooded New York City's Javits Center in October 2024 for the annual New York Comic Con convention.
Tens of thousands of people flooded Manhattan streets on June 2, 2024 for the 60th annual Israel Day on Fifth Parade.
The Francis Scott Key Bridge in Baltimore collapsed early Tuesday, March 26 after a column was struck by a container ship that reportedly lost power, sending vehicles and people into the Patapsco River.
The 50th Annual Village Halloween Parade drew massive crowds, celebrating the theme "Upside/Down:Inside/OUT."
It's open season in the New York City mayor's race as new contenders enter the fray. Democrat Scott Stringer and Republican Curtis Sliwa make their cases to replace Mayor Eric Adams on this episode of "The Point with Marcia Kramer."
Dr. Andrew Torchia with Heart of Chelsea Veterinary Group explains some potential pet dangers during the holiday season, especially in homes welcoming guests this time of year.
Expect jam-packed airports and highways as the holiday travel season kicks into high gear in New York City. CBS News New York's Zinnia Maldonado reports.
John Elliott has the Tri-State Area's updated First Alert Forecast for Sunday, Dec. 22, 2024 on CBS News New York.
CBS News New York's Vanessa Murdock has your seven-day forecast.
