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.
Total student loan debt in the U.S. is now nearly $1.8 trillion, and experts say young people are delaying buying homes and starting families because of it. So, what could the lives of students look like when they graduate debt-free?
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.
This round of Biden's student loan forgiveness proposals targets the interest that adds up over time on student loans.
The Free Application for Federal Student Aid was revamped last year, but it wasn't made widely available until January, three months later than usual.
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 rollout has been bumpy but CBS News Business Analyst Jill Schlesinger helps guide us through the process.
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.
The plan would benefit those who don't qualify for loan forgiveness under the current temporary program.
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.
CBS New York's Elijah Westbrook speaks with an expert to break down what borrowers need to know.
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.
Biden administration officials say the new federal program could cut monthly loan payments for 20 million people.
Only one-third of borrowers are aware that loan repayments will restart in October, a new survey found.
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.
In a separate ruling, the justices dealt what's being called a major setback for LGBTQ+ rights.
CBS News Business Analyst Jill Schlesinger answers your biggest questions after the Supreme Court ruling on Biden's student loan forgiveness plan.
"We'll use every tool at our disposal to get you the student debt relief you need to reach your dreams," President Biden said.
About 40 million Americans are no longer eligible for debt relief after the Supreme Court threw out President Biden's student loan forgiveness plan.
The Supreme Court struck down President Biden's student loan forgiveness plan, denying relief to 40 million Americans who stood to benefit from the program.
Will affirmative action become a thing of the past? CBS2 spoke to local experts about both cases on Wednesday.
The court will consider whether President Biden has the authority to wipe away billions of dollars in loan debt for millions of Americans.
The U.S. Postal Service is investigating a video circulating online that appears to show a person throwing hundreds of mailers for New Jersey Republican Rep. Tom Kean, Jr. into a dumpster.
Some NYC voters reported that it took several attempts to scan their ballots at polling sites in Queens on Election Day.
From Krispy Kreme doughnuts to Johnny Rickets' shakes, businesses across the country are offering deals to voters.
There's a lot at stake in the Electoral College in New York, New Jersey and Connecticut for the 2024 election.
A Kenyan man was convicted Monday of plotting a 9/11-style attack on a U.S. building on behalf of the terrorist organization al-Shabab.
Some NYC voters reported that it took several attempts to scan their ballots at polling sites in Queens on Election Day.
There's a lot at stake in the Electoral College in New York, New Jersey and Connecticut for the 2024 election.
This Election Day is expected to be one of our warmest ever on record for New York City and the surrounding area.
Harlem School of the Arts students designed and painted four new murals for Wollman Rink.
The FBI's New York division and New York law enforcement say they're prioritizing election security ahead of Election Day.
This Election Day is expected to be one of our warmest ever on record for New York City and the surrounding area.
Here's how to find your polling location for Election Day 2024 in New York, New Jersey and Connecticut.
Here's when polls open and close today for Election Day 2024 in New York, New Jersey and Connecticut.
A warming trend starts Monday around the NYC area, with record-breaking temperatures expected later this week.
A chilly start to Sunday should not affect New York City Marathon runners.
The U.S. Postal Service is investigating a video circulating online that appears to show a person throwing hundreds of mailers for New Jersey Republican Rep. Tom Kean, Jr. into a dumpster.
There's a lot at stake in the Electoral College in New York, New Jersey and Connecticut for the 2024 election.
This Election Day is expected to be one of our warmest ever on record for New York City and the surrounding area.
Gov. Phil Murphy just signed a bill into law giving Ida victims 12 months of mortgage forbearance, a temporary reduction or pause in payments, and foreclosure protection, but many victims in Manville say more needs to be done.
Here's how to find your polling location for Election Day 2024 in New York, New Jersey and Connecticut.
The FBI's New York division and New York law enforcement say they're prioritizing election security ahead of Election Day.
N.Y.-17 candidates Mike Lawler and Mondaire Jones discussed immigration on the final day of campaigning.
New York State Police are looking into the credibility of Trooper Thomas Mascia's claim he was shot last week on Long Island.
Here's when polls open and close today for Election Day 2024 in New York, New Jersey and Connecticut.
A chilly start to Sunday should not affect New York City Marathon runners.
The U.S. Postal Service is investigating a video circulating online that appears to show a person throwing hundreds of mailers for New Jersey Republican Rep. Tom Kean, Jr. into a dumpster.
Some NYC voters reported that it took several attempts to scan their ballots at polling sites in Queens on Election Day.
From Krispy Kreme doughnuts to Johnny Rickets' shakes, businesses across the country are offering deals to voters.
There's a lot at stake in the Electoral College in New York, New Jersey and Connecticut for the 2024 election.
Final polls before Election Day 2024 show Trump and Harris tied in key battleground states as Americans await results. See the latest updates and stream live coverage here.
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.
Dozens of New York and New Jersey schools are impacted by a recall of meat and poultry products potentially contaminated with listeria.
The worst rates of the infection known as "walking pneumonia" or "white lung pneumonia" are in young children ages 2 to 4 years old.
Quincy Jones, the multi-talented music legend who collaborated with everyone from Michael Jackson to Frank Sinatra, has died at 91, his family announced.
Rapper Tekashi 6ix9ine has been arrested in New York City for alleged violations of the conditions of supervised release that were set when he was sentenced several years ago to two years in prison in a racketeering case.
Teri Garr rose from being a background dancer in Elvis Presley movies to co-star in such favorites as "Young Frankenstein" and "Tootsie."
Timothée Chalamet surprised the crowd at his own look-alike contest at Washington Square Park in Manhattan.
The lead singer-songwriter for the superstar band Fleetwood Mac who became a superstar solo artist talks about her latest song, "The Lighthouse," that was inspired by her own experience with abortion, and a strong desire to "do something."
Jake Allen made 31 saves, helping the Devils close their road trip with a 3-0 victory over the Oilers on Monday.
Alperen Sengun had 25 points and 14 rebounds, and the Houston Rockets held on for a 109-97 win over the New York Knicks on Monday night.
Dennis Schroder and Cam Johnson each scored 20 points, and the Nets beat the Grizzlies 106-104 on Monday night.
Gerrit Cole will remain with the New York Yankees rather than become a free agent as the sides work on a revised contract, according to reports.
The NYC Marathon forced the Detroit Pistons to take the subway to Sunday's game against the Brooklyn Nets at Barclays Center.
Harlem School of the Arts students designed and painted four new murals for Wollman Rink.
In the Queens neighborhood known as Little Guyana, preparations are underway for the community's annual Diwali festival.
The Bergen Beach home on East 72nd Street and Avenue K has become a neighborhood attraction.
The landmarked library branch in Harlem underwent a $34.4 million renovation from top to bottom.
A Brooklyn-based nonprofit is working to make a positive change in the form of student graduations in the community.
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."
Paul Ryan, Executive Director of the NYC Campaign Finance Board joins CBS New York to discuss the six ballot proposals New York City voters must decide on Election Day.
Brigid Harrison, Chair and Professor of the Department of Political Science and Law at Montclair State University joins CBS New York to discuss what NJ voters should know at the ballot.
CBS News New York's Tony Sadiku has a look at the warm Election Day forecast
After months of intense campaigning, Tuesday is the day that America decides. CBS News New York's Elijah Westbrook, Natalie Duddridge, Christina Fan and Mahsa Saeidi have team coverage as voters head to the polls across the country and right here in the Tri-State Area.
A new Bankrate survey found 41% of Americans say inflation is their top economic issue for the 2024 presidential election. Bankrate's senior economic analyst Mark Hamrick joins CBS News New York to discuss the impact.
