Here's what to know about Trump and the future of student loan relief
President-elect Donald Trump has called the Biden administration's student loan relief efforts a "total catastrophe."
Watch CBS News
President-elect Donald Trump has called the Biden administration's student loan relief efforts a "total catastrophe."
Student loan payments for people enrolled in the Biden administration's SAVE plan will remain on hold for at least six more months.
The 12-month grace period for student loan borrowers ended Sept. 30. The "on-ramp" period helped borrowers struggling to make payments avoid the risk of defaulting and hurting their credit score.
About 1 in 10 people with student loans have gotten debt relief, according to the Biden administration.
This round of Biden's student loan forgiveness proposals targets the interest that adds up over time on student loans.
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.
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.
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.
Federal student loan payments are picking back up in October after more than a 3 year suspension during the pandemic.
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.
Even though President Joe Biden's student loan forgiveness program was blocked by the Supreme Court earlier this year, his administration is moving forward with more targeted student debt cancellations allowed under existing programs.
After a three-year hiatus, interest on student loans begins piling up again on Friday, with payments due in October.
If you have federal student loans, repayments start up again on October 1 after a years-long pause due to the pandemic.
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.
"We'll use every tool at our disposal to get you the student debt relief you need to reach your dreams," President Biden said.
The Supreme Court is about to hear arguments over President Joe Biden's student debt relief plan, which impacts millions of borrowers who could see their loans wiped away or reduced.
The Supreme Court is about to hear arguments over President Joe Biden's student debt relief plan, which impacts millions of borrowers who could see their loans wiped away or reduced.
Painfully high inflation is putting even more pressure on Americans struggling to repay their college loans.
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.
Women now make up 49% of the overall legislature and, for the first time, will hold a majority in the state Senate.
Shai Gilgeous-Alexander had 37 points and the Oklahoma City Thunder's bench players combined for 40 points in a 130-109 win over Sacramento on Monday night that extended the Kings' losing streak to four.
Several swans were found dead in and near Mather Lake in the Mather Regional Park this week.
No one wants to think about death. However, it's important to plan on what happens to your digital assets after you die.
Trading and comic stores are becoming a target among criminals looking to make off with thousands of dollars in hard-to-track merchandise in a matter of minutes.
Expect slick roads in the Valley and more chain controls across the Sierra leading up to Thanksgiving.
Drivers have been bumping into and getting stuck on raised medians installed within the past month.
Several swans were found dead in and near Mather Lake in the Mather Regional Park this week.
A Rancho Cordova property manager shot and killed a burglar who broke into his shop in the middle of the night.
Women now make up 49% of the overall legislature and, for the first time, will hold a majority in the state Senate.
The Sacramento Police Department is trying out a new air asset that's designed to improve response times.
Last year, Sacramento had 55 traffic fatalities, which was an all-time high for the city. Now, the city is launching new traffic safety efforts to try and get that number down to zero.
Two people were shot and killed in the Northgate area of Sacramento, police said Tuesday.
The Sacramento City Council has given the green light for a cannabis lounge pilot program.
Sacramento city leaders on Tuesday will consider passing new rules cracking down on sideshows. It comes as the number of street takeovers continues to grow.
Women now make up 49% of the overall legislature and, for the first time, will hold a majority in the state Senate.
No one wants to think about death. However, it's important to plan on what happens to your digital assets after you die.
California Gov. Gavin Newsom announced Monday that the state would renew a rebate program for electric vehicles if the incoming Trump administration eliminates the current federal tax credit.
Health officials in California are alerting consumers of a voluntary recall of a batch of cream top, whole milk that was produced by Raw Farms, LLC, in Fresno County after bird flu was detected in a sample.
Thousands of University of California health and service workers have hit the picket line as of Wednesday morning.
Cam Thomas scored 34 points and the Brooklyn Nets beat the Kings 108-103 in Nets coach Jordi Fernandez's return to Sacramento.
Josh Jacobs rushed for 106 yards and matched a career high with three touchdowns and the Green Bay Packers trounced the short-handed San Francisco 49ers 38-10.
Miles Hastings threw three touchdown passes for UC Davis, but it was Lan Larinson's 59-yard touchdown run late in the fourth quarter that helped the Aggies hold off Sacramento State 42-39 in the 70th Causeway Classic on Saturday.
The 70th annual Causeway Classic, a football tradition between UC Davis and Sacramento State, introduced some new action this year to their long-standing rivalry.
Sacramento State will host UC Davis for the 70th Causeway Classic on Saturday. You can watch the game on KMAX31.
Special counsel Jack Smith asked a federal judge to toss out the charges against President-elect Donald Trump in the case stemming from the 2020 election.
California Gov. Gavin Newsom announced Monday that the state would renew a rebate program for electric vehicles if the incoming Trump administration eliminates the current federal tax credit.
President Biden pardoned two turkeys, Peach and Blossom that hail from Minnesota, where they will return.
Scott Bessent, the founder of the Connecticut-based hedge fund Key Square Group, had been making a full-court press for the post.
Trump's sentencing in the "hush money" case has been delayed by a New York judge.
A California child was confirmed to be the first U.S. child to become infected with bird flu, the U.S. Centers for Disease Control and Prevention announced Friday.
Whole Foods Market stores in five states sold recalled carrots and celery sticks that could contain E. coli.
Cold temperatures mean more people indoors, and more people indoors means more of a chance of spreading sickness.
The FDA sent a warning letter flagging "significant violations" of manufacturing regulations for Tom's of Maine toothpaste.
Officials with the California Department of Public Health (CDPH) said they have identified a possible bird flu case in a child in Alameda County.
A Fairfield couple had their home insurance policy canceled because of a photo taken from high above their residence. They called Kurtis when they thought the insurance carrier got it wrong.
Inflation and California's higher wages are driving up the cost of dining out, but the Call Kurtis team has found some relief for your wallet in the form of discount gift cards for restaurants.
A Sacramento mother is seeking answers—and justice—after discovering that her daughter's grave was moved without her knowledge.
A Lodi animal rescue and adoption agency said someone hijacked their Facebook page and is using it to rip people off. They reached out to the Call Kurtis team to look into it.
A Folsom viewer said a credit reporting agency is refusing to remove a debt that isn't hers. She reached out to the Call Kurtis team for help.
A Natomas mother demanded that her daughter be exhumed and cremated after a Sacramento cemetery moved her grave without telling the family.
No one — not the Governor's Office, the CHP task force, nor the attorney general — can tell us how many of the people arrested by California's Organized Retail Crime Task Force were sentenced, let alone how many went to jail, received treatment, or re-offended.
CBS News California examined retail theft rates in California and whether the high-profile Proposition 36 would help combat those crimes.
The CHP captain accused of workers' compensation fraud was the commander in charge of the fatal Mahaney Park shootout in Roseville, three officers who worked under him at the time of the shootout confirmed.
CBS News California takes a closer look at the drug component of the high-profile Proposition 36 to fact-check claims about the ballot measure from supporters and opponents.
No one wants to think about death. However, it's important to plan on what happens to your digital assets after you die.
After spending $18,000 on waterproof laminate floors, a Natomas couple spotted damage after the first cleaning.
More than a year after Hai Pham canceled the trial membership, he kept getting charged every month for it.
A Natomas mother demanded that her daughter be exhumed and cremated after a Sacramento cemetery moved her grave without telling the family.
The family contacted CBS13 and the Call Kurtis consumer investigative team to look into the matter.
The fire prompted a massive response from crews across the state, including five strike teams out of Auburn in Placer County.
The goal is to attract more women to the profession.
A new wildfire burning near the Nevada and Placer county line has forced officials to issue mandatory evacuations in both counties on Saturday.
As wildfires rage across California, new research reveals an alarming impact on one of the region's most vital industries: agriculture.
California voters will be asked to authorize the state to borrow $10 billion to pay for climate and environmental projects, including wildfire prevention.
It was a day of conquering fears and overcoming odds at the Sacramento Deep Water Channel this weekend. People living with physical disabilities got an opportunity to feel the exhilaration of setting sail.
A nutrition program to get kids excited about healthy eating in Yuba City is seeing success and now the farm-to-school program will be growing not just food but in size and opportunity.
Kids and teens in Stockton are flocking to a program that's offering them the opportunity of a lifetime.
More than one hundred customers came out to celebrate the grand reopening of a restaurant that's been around for seven decades.
Pursuing higher education can be challenging for any college-bound student and for former foster youth, doing it alone can seem impossible.
Women now make up 49% of the overall legislature and, for the first time, will hold a majority in the state Senate.
Several swans were found dead in and near Mather Lake in the Mather Regional Park this week.
No one wants to think about death. However, it's important to plan on what happens to your digital assets after you die.
Trading and comic stores are becoming a target among criminals looking to make off with thousands of dollars in hard-to-track merchandise in a matter of minutes.
Esteban Reynoso reports.