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."
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President-elect Donald Trump has called the Biden administration's student loan relief efforts a "total catastrophe."
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.
CBS News Business Analyst Jill Schlesinger shares tips for new graduates on paying for student loans while entering the workforce. For more analysis, go to www.jillonmoney.com. (05-09-2024)
CBS News business analyst Jill Schlesinger on how updates to FAFSA applications have made it easier for students and parents and answers if a four-year degree is worth the financial loans. (04-18-2024) Website: http://kpix.com/ YouTube: http://www.youtube.com/CBSSanFrancisco Facebook: https://www.facebook.com/CBSSanFrancisco Instagram: https://www.instagram.com/kpixtv/ Twitter: https://twitter.com/KPIXtv
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.
CBS News Business Analyst Jill Schlesinger talks with Nicole Zaloumis about FAFSA’s status on over one million people applying for the SAVE program, which is also applicable for early debt cancelation. (01-18-2024)
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.
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 payments resumed Sunday following a three-year pause brought on by the COVID-19 pandemic. More than 43 million Americans must now begin repaying loans, and about half are expected to be delinquent on their payments. Astrid Martinez reports.
After a three-year hiatus, interest on student loans begins piling up again on Friday, with payments due in October.
When President Joe Biden introduced his student loan repayment plan Saving on a Valuable Education – better known as SAVE – some borrowers in the Bay Area didn't waste time figuring out if they could qualify for lower payments.
Only one-third of borrowers are aware that loan repayments will restart in October, a new survey found.
The new income-driven repayment plan could cut borrowers' monthly payments in half, while some could see their monthly payments go down to $0.
The Biden administration announced they will forgive student loans for more than 800,000 borrowers who have made at least 20 years of payments. That forgiveness comes as the Education Department prepares to implement major changes to a repayment plan which will reduce borrowers' monthly payments. Errol Barnett has more on how this all may affect you.
Following last week's decision striking down President Joe Biden's plan to cancel student debt, the president is mulling another approach to help borrowers. Skyler Henry reports. (7/3/23)
The U.S. Supreme Court closed out its term with two crucial decisions, striking down President Joe Biden's student loan relief program and siding with a web designer who refuses to work with LGBTQ couples. Natalie Brand reports. (6/30/23)
"We'll use every tool at our disposal to get you the student debt relief you need to reach your dreams," President Biden said.
California Highway Patrol officers in the Hayward office came under fire during a pursuit of a car early Monday morning for allegedly speeding.
Senate Democrats met Tuesday morning to elect their leadership for the next two years, after Republicans flipped the chamber in the 2024 elections.
Silverton Avalanche School in Colorado said it had been notified that the climbers "appear to have taken a fatal fall from high upon the peak."
Alum Rock Union School District's Board of Trustees voted unanimously to close six schools and consolidate four others.
Last summer, Oakland made national and international news when so-called "pirates" moved into the estuary and began raiding boats stored in the local marinas.
California Highway Patrol officers in the Hayward office came under fire during a pursuit of a car early Monday morning for allegedly speeding.
Senate Democrats met Tuesday morning to elect their leadership for the next two years, after Republicans flipped the chamber in the 2024 elections.
Alum Rock Union School District's Board of Trustees voted unanimously to close six schools and consolidate four others.
Last summer, Oakland made national and international news when so-called "pirates" moved into the estuary and began raiding boats stored in the local marinas.
A Trump loyalist is at the center of new allegations facing Pete Hegseth, Donald Trump's pick for defense secretary.
The San Francisco District Attorney's office on Monday confirmed it will not charge the man accused in a deadly stabbing last month near the Embarcadero BART station.
Despite the beginning of the holiday shopping season, San Francisco's Union Square has seemed somewhat empty the past few days.
Authorities have launched a search for a 72-year-old man believed to have gone overboard from a Princess Cruise ship ahead of its Monday arrival in San Francisco.
The 18-story San Francisco Federal Building was formally dedicated to former House Speaker Nancy Pelosi at a ceremony held Monday morning.
The Sunday after Thanksgiving is traditionally the busiest travel day nationally. San Francisco International, Oakland International and San Jose International all experienced longer lines than usual.
California Highway Patrol officers in the Hayward office came under fire during a pursuit of a car early Monday morning for allegedly speeding.
Last summer, Oakland made national and international news when so-called "pirates" moved into the estuary and began raiding boats stored in the local marinas.
Two people who love Oakland and Oakland sports are vying for a seat on the board of directors for The Towns only remaining baseball team.
The California Highway Patrol issued an Ebony Alert for a missing woman who was last seen in Oakley.
The Sunday after Thanksgiving is traditionally the busiest travel day nationally. San Francisco International, Oakland International and San Jose International all experienced longer lines than usual.
The Sunday after Thanksgiving is traditionally the busiest travel day nationally. San Francisco International, Oakland International and San Jose International all experienced longer lines than usual.
Just in time for Small Business Saturday, many local vendors in San Jose are hosting a nine-day pop-up event in the Willow Glen neighborhood.
A look at key dates before and during the San Jose State women's volleyball season marked by multiple forfeits by teams claiming the Spartans have a transgender player.
A boy was killed and three other minors were injured early Thursday morning when a law enforcement chase ended with the vehicle in pursuit crashing into a tree, the Santa Clara County Sheriff's Office said in a press release on Thanksgiving.
San Jose State says it's disappointed that Boise State forfeited its semifinal match in the Mountain West women's volleyball tournament but is focused on the future.
Two people found dead in apparent drownings in Sonoma County following an atmospheric river storm that caused widespread localized flooding were identified Monday by authorities.
Emergency responders are at the scene of a small plane that appears to have crashed into a ditch after going off the runway at Novato's Gnoss Field Monday morning.
San Rafael police arrested a man after he allegedly broke into a residence, attacked the occupants, then attempted to kidnap an elderly person from a skilled nursing facility.
Three apartments were damaged and five residents displaced in a blaze in a Mill Valley apartment building Saturday, the Southern Marin Fire Protection District said.
A hazmat team was summoned to the scene of a solo-vehicle rollover collision involving a septic tanker truck south of Calistoga early Friday morning that left two people injured and caused diesel fuel to be spilled into a nearby ditch.
Two people who love Oakland and Oakland sports are vying for a seat on the board of directors for The Towns only remaining baseball team.
The disastrous season for the San Francisco 49ers continued Monday with word of both the team's top running backs out for multiple weeks with five games left.
San Francisco 49ers player Trent Williams and his wife Sondra are mourning the passing of their newborn son, the couple revealed on Monday.
Josh Allen scored a receiving touchdown on a pass he threw in his latest do-everything performance, and the Buffalo Bills clinched their fifth straight AFC East title with a 35-10 victory over the San Francisco 49ers on a snowy Sunday night.
San Francisco running back Christian McCaffrey suffered a knee injury that coach Kyle Shanahan described as "potentially" season-ending in the 49ers' 35-10 loss to the Buffalo Bills on Sunday night.
California Highway Patrol officers in the Hayward office came under fire during a pursuit of a car early Monday morning for allegedly speeding.
The San Francisco District Attorney's office on Monday confirmed it will not charge the man accused in a deadly stabbing last month near the Embarcadero BART station.
San Rafael police arrested a man after he allegedly broke into a residence, attacked the occupants, then attempted to kidnap an elderly person from a skilled nursing facility.
Closing arguments began Monday morning in the San Francisco murder trial of Nima Momeni, the man accused of fatally stabbing tech executive and Cash App founder Bob Lee.
The suspect in a car chase that happened in Sacramento was arrested in Vallejo on Sunday, the California Highway Patrol said.
Closing arguments began Monday morning in the San Francisco murder trial of Nima Momeni, the man accused of fatally stabbing tech executive and Cash App founder Bob Lee.
The mother of the survivor of Wednesday morning's horrific Tesla Cybertruck crash in the East Bay town of Piedmont that left three young adults from the East Bay community dead on Friday identified her son and the three other victims.
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.
Microsoft said it's investigating an issue impacting access to Microsoft 365 and its Teams app.
Prosecutors rested their case Thursday in the trial of Nima Momeni, the tech consultant accused of fatally stabbing Cash App founder Bob Lee in April 2023.
As Robin Pearson gets ready to welcome her loved ones at her home in Danville this Thanksgiving, she has plenty to be thankful for.
A federal panel has been meeting for months to draft recommendations.
Bay Area Air Quality Management District regulators are asking people not to burn wood during the Thanksgiving holiday to help reduce air pollution and protect public health.
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.
Senate Democrats met Tuesday morning to elect their leadership for the next two years, after Republicans flipped the chamber in the 2024 elections.
A Trump loyalist is at the center of new allegations facing Pete Hegseth, Donald Trump's pick for defense secretary.
The 18-story San Francisco Federal Building was formally dedicated to former House Speaker Nancy Pelosi at a ceremony held Monday morning.
A special session called by California Gov. Gavin Newsom began Monday. Lawmakers have been tasked with weighing how to defend the state's progressive policies during President-elect Donald Trump's second term.
Hunter Biden was convicted of three separate felony charges related to his purchase of a gun and pleaded guilty to tax evasion charges in a separate case.
San Jose State's volleyball team was the subject of a national debate about women in sports.
A look at key dates before and during the San Jose State women's volleyball season marked by multiple forfeits by teams claiming the Spartans have a transgender player.
San Jose State says it's disappointed that Boise State forfeited its semifinal match in the Mountain West women's volleyball tournament but is focused on the future.
Boise State, which twice boycotted regular-season matches with San Jose State, pulled out of the Mountain West women's volleyball tournament Wednesday night even after securing a spot in the semifinals against the Spartans.
A judge has rejected a request to block a San Jose State women's volleyball team member from playing in a conference tournament on grounds that she's transgender.
Elton John says he's lost his eyesight and struggled to see his new musical, "The Devil Wears Prada" after a "severe" eye infection.
Bay Area metal greats Exodus will headline this concert at the UC Theatre in Berkeley Friday, sharing the stage with Denver thrash disciples Havok, industrial-metal band Candy and SoCal crossover band Dead Heat.
Thrive City, the plaza outside Chase Center, will light what it calls the Bay Area's biggest tree -- 90 feet tall -- on Saturday along with activation of the district's first entertainment zone.
The San Francisco Symphony launches a full three weeks of Christmas-related events at Davies Hall Sunday night as their "Holidays with the Symphony" program gets underway.
Aussie psych-rock outfit and Tame Impala affiliates Pond return to the Bay Area for this show at the Regency Ballroom Tuesday night.
Ever since the COVID-19 pandemic, the Oakland Unified School District has seen an alarming spike in the number of unhoused students in the school system who deal with a host of challenges far beyond what most children face.
Meteorologist and CBS News Bay Area's resident pilot Lt. Jessica Burch got a treat during Fleet Week, taking to the skies with one of the Blue Angels.
A Bay Area man discovered his devastating loss left him with a new opportunity to rethink how he lives -- follow his journey in virtual reality, 360-degree video.
A groundbreaking medical study involving the UCSF Medical Center has shown some colorectal cancer patients can safely skip radiation treatment and enjoy a potentially higher quality of life.
Every day, San Francisco bar pilot Captain Zach Kellerman goes through what might just be the world's most dangerous commute.
Second Harvest of Silicon Valley food bank's Grocery Rescue Program has student volunteers picking up surplus foods that would have ended up in the trash, and getting tt to those who could use the donations. Veronica Macias reports.
Tuesday 6 a.m. news update from KPIX
Jessica Burch shows why we will have dry weather for the forseeable future.
Kelsi Thorud reports on the Alum Rock School District Board's choice to close and consolidate schools in order to cover a budget deficit. Website: http://kpix.com/ YouTube: http://www.youtube.com/CBSSanFrancisco Facebook: https://www.facebook.com/CBSSanFrancisco Instagram: https://www.instagram.com/kpixtv/ Twitter: https://twitter.com/KPIXtv
Kara St. Cyr reports on the debate over transitional housing in San Francisco’s SoMa neighborhood. Website: http://kpix.com/ YouTube: http://www.youtube.com/CBSSanFrancisco Facebook: https://www.facebook.com/CBSSanFrancisco Instagram: https://www.instagram.com/kpixtv/ Twitter: https://twitter.com/KPIXtv
In East Palo Alto -- where state education numbers show more than nine in ten public school students are low income and more than half are English learners -- many are finding hope and connection at the Boys & Girls Clubs of the Peninsula.
This week's Jefferson Award winner is Army veteran who continues to live a life of service into his 80s, by feeding hundreds of San Francisco families a week.
An Oakland woman has brought the joy of dance and an appreciation for African American culture to performers and audiences for 52 years.
This week's Jefferson Award winner is a Berkeley woman who has promoted child literacy for four decades, as host of a community TV show encouraging young poets.
With hate crimes on the rise in the U.S., a pair of Oakland women have been equipping people with self-defense tools for free.
A Bay Area man who overcame tremendous obstacles to excel in school has made it his mission to gear up other students for success in the classroom and in life.
For Students Rising Above scholar Josh Collins it took moving across the country to realize the value of his Bay Area family.
Samir Hooker had to grow up fast after his stepfather was shot dead 12 years ago. Now he is watching over his mom and sister while attending UC Berkeley.
It's hard enough to graduate from one of the most prestigious schools in the country when you're the first in your family to go to college. Imagine doing that while you're also trying to protect your parents from being deported?
Some students who are the first in their families to go to college face the challenge of balancing a rigorous academic load while still working to help support their family back home.