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.
Yankees outfielder Aaron Judge was a unanimous pick to win his second American League Most Valuable Player Award in three seasons on Thursday.
A Woodbridge, New Jersey homeowner was arrested Thursday after investigators say he started a fire that damaged six homes, including his own.
The defense in the trial of Daniel Penny called an expert witness – a forensic pathologist – to the stand Thursday.
A plan to regionalize some public school services in New York state has set off alarm bells among many parents and educators on Long Island.
The Justice Department says it found a pattern of misconduct and civil rights violations by the Trenton Police Department.
Yankees outfielder Aaron Judge was a unanimous pick to win his second American League Most Valuable Player Award in three seasons on Thursday.
The defense in the trial of Daniel Penny called an expert witness – a forensic pathologist – to the stand Thursday.
A plan to regionalize some public school services in New York state has set off alarm bells among many parents and educators on Long Island.
A lawsuit was announced Thursday, accusing Fordham University of turning a blind eye to the sexual abuse of minors in the 1970s.
The new soccer stadium across from Citi Field will be called Etihad Park, NYCFC and the United Arab Emirates airline announced.
Jodi Rell, who became Connecticut's second female governor when John Rowland resigned in a corruption scandal, has died at 78.
The weather is shifting and bringing much-needed rain to the Tri-State Area. There may even be snow in parts of New York.
It looks like the Tri-State Area will get a substantial soaking of rain later this week, something it definitely needs due to the risk of wildfires.
The risk of wildfire development will remain elevated across the Tri-State Area through the next several days.
A Red Flag Warning is in effect today across the entire Tri-State Area until 6 p.m.
A Woodbridge, New Jersey homeowner was arrested Thursday after investigators say he started a fire that damaged six homes, including his own.
The Justice Department says it found a pattern of misconduct and civil rights violations by the Trenton Police Department.
Burn bans in New Jersey have been lifted after significant rainfall in the state.
A crane accident in Montville, New Jersey turned a routine tree trimming job into a chaotic mess when the machine fell onto a house.
New Jersey Gov. Phil Murphy updated commuters Wednesday on what's being done to correct issues on the rails.
A plan to regionalize some public school services in New York state has set off alarm bells among many parents and educators on Long Island.
The iconic Stella Ristorante in Floral Park, Long Island will close on Dec. 31 after 64 years in business.
The weather is shifting and bringing much-needed rain to the Tri-State Area. There may even be snow in parts of New York.
Dozens of Suffolk County homeowners are shocked after they say FEMA denied their requests for aid after storms caused devastating damage in August.
Leaders in Nassau and Suffolk counties rolled out a strategy Monday to try and stop congestion pricing.
A plan to regionalize some public school services in New York state has set off alarm bells among many parents and educators on Long Island.
President-elect Donald Trump announced Gaetz as his nominee to be attorney general last week.
Jodi Rell, who became Connecticut's second female governor when John Rowland resigned in a corruption scandal, has died at 78.
New York City special education students are not getting the services they were promised, according to the United Federation of Teachers.
Jessica Tisch, the head of the Department of Sanitation, was appointed New York City's new police commissioner on Wednesday.
Lattes and other espresso-based drinks may not be available at some McDonald's restaurants due to a glitch with coffee machines.
The packaging label omitted a key ingredient, prompting a Food and Drug Administration recall.
The manufacturer of tumblers sold at Wawa stores says it has received four reports of cuts from the product's metal drinking straws.
Decision to cut topping comes as officials work to confirm source of E. coli outbreak linked to McDonald's Quarter Pounders.
Gov. Kathy Hochul on Tuesday announced a $150 million investment in a new state-of-the-art cell and gene therapy hub to be built on Long Island.
Chris Stapleton took home four Country Music Association Awards and hardly left the stage on Wednesday night, while an absent Morgan Wallen won the night's biggest prize, entertainer of the year.
The leader of a New York City church where pop star Sabrina Carpenter filmed scenes for a music video has been stripped of his duties.
Sean "Diddy" Combs has tried to reach out to prospective witnesses and sway public opinion from jail in NYC to influence potential jurors in his sex trafficking trial, prosecutors say.
Betty White will be honored with a stamp in 2025, the U.S. Postal Service announced on Friday.
Six Flags announced it shut down the Kingda Ka and Green Lantern roller coasters to make way for two new rides including The Flash coaster.
Yankees outfielder Aaron Judge was a unanimous pick to win his second American League Most Valuable Player Award in three seasons on Thursday.
The new soccer stadium across from Citi Field will be called Etihad Park, NYCFC and the United Arab Emirates airline announced.
Jalen Brunson scored 36 points, Karl-Anthony Towns added 34 and the Knicks beat the Suns 138-122 for their fourth straight win.
Mika Zibanejad scored and added an assist as the New York Rangers edged the Vancouver Canucks on Tuesday night.
Speedy center fielder Jose Siri has been acquired by the New York Mets from the Tampa Bay Rays for reliever Eric Orze.
A new state-of-the-art trash system in NYCHA's Polo Grounds Towers in Harlem promises to tackle energy, rodent and recycling issues.
Families in Central Harlem will soon settle into their new homes at Marcus Garvey Village, which also brings free gathering spaces to the community and an LGBTQ center.
The Hispanic Society's new exhibit traces how different cultures influenced the women of Spain as they found their own voices throughout history.
Brooklyn transit riders are worried about an ongoing proposal to cut bus stops as part of a redesign project.
A Long Island man's life savings were stolen from his bank account, and he says he's been waiting a year to get it back.
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."
The deadline to take down dining sheds in New York City is coming up. They have to be off the streets by the end of next week. CBS News New York's Elle McLogan reports not everyone is happy with the city's new seasonal regulations.
Reporter Mahsa Saeidi introduces us to a child whose unique case reveals even more struggles within the system.
A New Jersey woman lost her home in a fire Thursday, but she is just thankful that first responders were able to save her most precious possession, her late husband's wedding ring. CBS News New York's Christine Sloan has her emotional story.
CBS News New York's 3rd Annual Season of Giving: #BetterTogether campaign is now underway. We are partnering up with the Community FoodBank of New Jersey to help distribute food and raise funds. For years, they have been working with groups to feed youth experiencing homelessness. John Dias highlights the extraordinary efforts and explains why more aid is needed.
As CBS News New York's Dave Carlin reports, there's some clever staging in the theatrical production to resemble the 1992 movie's magic.
