Anonymous donors pay off $8 million of college loans
The money will pay off college loans of up to 400 students who overcame personal hardship – from homelessness and extreme poverty – to become first-generation college students.
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The money will pay off college loans of up to 400 students who overcame personal hardship – from homelessness and extreme poverty – to become first-generation college students.
Americans are burdened with about $1.5 trillion in student loan debt, which the latest data breaks down to an average of $35,000 per borrower. CBSN anchor Anne-Marie Green spoke with Tina Hay, author and founder of Napkin Finance, a platform that creates napkin-sized explainers on money. They discussed what to consider before taking out student loans and how to manage that debt.
"We own more than thanks and cheers at 7 p.m.," Rep. Carolyn Maloney said
The provision, reported on by CBS News in May 2019, will give employers the ability to help employees pay off their student loans without being taxed.
Education experts say more needs to be done, such as putting a pause on all repayments until the pandemic ends.
If you're among the 48 million Americans with student debt, you're likely eligible for some relief come tax time.
Federal regulators fine website for claiming that paid placements were unbiased rankings.
Virginia Representative Bobby Scott says the decision still falls "well short" of providing necessary relief
Many people also end up owing more than they originally borrowed, according to analysis by Pew Charitable Trusts
Americans owe a record $1.5 trillion in student debt, a burden that can hinder goals such as homeownership
Wayne Johnson, who reported to Education Secretary Betsy DeVos, is proposing for student debt forgiveness
Few teens consider the skilled professions as a career, despite ample job opportunities for electricians, contractors and more
It's not the first time the head of nation's biggest bank has spoken out about what he calls "irresponsible" lending
Vermont senator and presidential candidate also wants to provide free college tuition at state universities
Interest in employer-sponsored repayment benefits grows as nation's student loan debt load spirals to $1.5 trillion
Morehouse College graduate Dwytt Lewis joined CBSN to discuss the announcement by billionaire Robert F. Smith that he will pay off all student loan debt for Morehouse's class of 2019.
Debbie Baker said her loan provider told her she was on track for forgiveness, but was rejected when she applied
Anyone over age 50 needs to answer some tough questions before going down the costly road to a degree
Taylor Smith graduated college with 11 student loans and $53,000 in debt
The senator says wiping out college debt could create an "enormous middle-class stimulus." Economists agree — with caveats
As the Education Department denies the vast majority of loan-relief applicants, critics point to confusing, rigid rules
The program forgives student loans for workers in the government and some nonprofits after they make payments for 10 years
A bipartisan bill would let companies contribute up to $5,250 tax-free annually toward workers' student loan debt
An analysis of complaints found more than 98 percent are linked to the for-profit industry, citing schools such as Corinthian and ITT
One financial services company stands alone when it comes to unhappy customers, federal data show
Trump says he expects the U.S. war with Iran to end within several weeks despite unrelenting attacks from both sides and Iran's iron grip on the Strait of Hormuz.
The Supreme Court will convene for arguments Wednesday to consider the legality of President Trump's executive order that seeks to end birthright citizenship.
Forecasters continue to predict an 80% chance of favorable weather on Wednesday for the launch of four astronauts on a flight to the moon.
President Trump has told Britain's Telegraph newspaper he could try to terminate U.S. membership in NATO. He's railed against NATO allies for refusing to join the Iran war.
President Trump is planning to deliver a prime-time address Wednesday night to "provide an important update on Iran," the White House said, as the president faces critical decisions in the monthlong war.
JPMorgan CEO Jamie Dimon thinks AI will shorten the work week and lead to medical breakthroughs, while acknowledging the technology's potential impact on the nation's workforce.
President Trump has long wanted to place additional restrictions on mail-in voting, which he has called "mail-in cheating."
American journalist Shelly Kittleson was kidnapped in Baghdad on Tuesday, according to two sources familiar with the matter as well as an Iraqi official.
A federal judge has ordered Penn to hand over records about Jewish employees on campus to a federal agency as part of an investigation into antisemitic discrimination.
The Supreme Court will convene for arguments Wednesday to consider the legality of President Trump's executive order that seeks to end birthright citizenship.
North Carolina and other states have insurance plans for kids in foster care, but many doctors did not accept patients on the plans, leaving kids' guardians scrambling to find health care providers.
Just hours earlier, an Army spokesperson said the crew had been suspended from flying while the Army conducts a formal investigation into why the Apache helicopters flew near Kid Rock's Nashville house.
Tiger Woods announced Tuesday that he's "stepping away for a period of time to seek treatment" after pleading not guilty to charges including driving under the influence.
JPMorgan Chase CEO Jamie Dimon shares his thinking on capitalism, AI, prediction markets and more in an interview with "CBS Evening News" anchor Tony Dokoupil.
JPMorgan Chase CEO Jamie Dimon shares his thinking on capitalism, AI, prediction markets and more in an interview with "CBS Evening News" anchor Tony Dokoupil.
The JPMorgan Chase CEO said the bank may one day introduce prediction market features, but said "there's a bunch of stuff we won't do" in that space.
JPMorgan CEO Jamie Dimon thinks AI will shorten the work week and lead to medical breakthroughs, while acknowledging the technology's potential impact on the nation's workforce.
Full-time employees cut their 401(k) participation and contribution rates last year amid an affordability crunch, new research shows.
Jamie Dimon told "CBS Evening News" anchor Tony Dokoupil that "what's more important for the future of the world is that this war successfully conclude."
President Trump has told Britain's Telegraph newspaper he could try to terminate U.S. membership in NATO. He's railed against NATO allies for refusing to join the Iran war.
The Supreme Court will convene for arguments Wednesday to consider the legality of President Trump's executive order that seeks to end birthright citizenship.
President Trump is planning to go to the Supreme Court on Wednesday as the justices take up his executive order seeking to end birthright citizenship, a major test of his immigration agenda.
A federal judge directed the Trump administration to restore the legal status of migrants allowed into the U.S. under a now-defunct Biden administration program for asylum-seekers who arrived at the southern border.
President Trump is planning to deliver a prime-time address Wednesday night to "provide an important update on Iran," the White House said, as the president faces critical decisions in the monthlong war.
North Carolina and other states have insurance plans for kids in foster care, but many doctors did not accept patients on the plans, leaving kids' guardians scrambling to find health care providers.
The One Big Beautiful Bill Act will add red tape and restrictions for those seeking Medicaid and SNAP benefits. And the costs to update computer systems that determine eligibility for those programs will be steep.
David Lyon is one of the rising number of young adults to be diagnosed with colorectal cancer.
Here's what to know about peptides, what they can and can't do, and what's driving viral claims about possible health benefits online.
Dr. Jay Bhattacharya, head of the National Institutes of Health and interim leader of the Centers for Disease Control and Prevention, told staff a permanent CDC director could be nominated soon. "I know that it has been such a difficult year," he said.
Trump says he expects the U.S. war with Iran to end within several weeks despite unrelenting attacks from both sides and Iran's iron grip on the Strait of Hormuz.
The Soviet-designed military transport turboprop aircraft crashed into a cliff, sources at the scene told state news agencies.
American journalist Shelly Kittleson was kidnapped in Baghdad on Tuesday, according to two sources familiar with the matter as well as an Iraqi official.
Shortages of helium, a byproduct of natural gas processing, could create problems for semiconductor and medical equipment manufacturers.
Defense Secretary Pete Hegseth is tentatively expected to testify publicly before the House Armed Services Committee on April 29, according to two sources familiar with the plans.
Kid Rock posted videos of the helicopters hovering by his Nashville home on social media over the weekend. The Army later confirmed the helicopters were on a training mission.
Taylor Swift is being sued by Las Vegas performer Maren Wade who has accused the superstar of trademark infringement over her latest album, "The Life of a Showgirl." Wade is the creator of the "Confessions of a Showgirl" podcast, which started as a column in 2014.
Sharon Stone reflected on her legendary career as she discussed joining the cast of "Euphoria," working with the show's creator, Sam Levinson, and how she has advocated for women in the entertainment industry.
A Las Vegas performer has sued Taylor Swift over the title of her hit album "The Life of a Showgirl," alleging it violates the performer's trademark.
A Barbie Dream Fest event in Fort Lauderdale, Florida, generated backlash from attendees over its allegedly underwhelming experience. Jessica Nova, who drove in from Atlanta for the occasion, joins CBS News to recount her experience.
CBS News contributor Patrick McGee joins "The Daily Report" to discuss the codependent relationship between Apple and China, a country that manufactures hundreds of millions of iPhones every year.
The JPMorgan Chase CEO said the bank may one day introduce prediction market features, but said "there's a bunch of stuff we won't do" in that space.
From labor shortages to environmental impacts, farmers are looking to AI to help revolutionize the agriculture industry. One California startup, Farm-ng, is tapping into the power of AI and robotics to perform a wide range of tasks, including seeding, weeding and harvesting.
Many have dreamed of a future with flying cars, eliminating traffic on the morning commute. One company is trying to make that dream a reality. Itay Hod reports.
A judge has temporarily blocked the Pentagon's attempt to designate Anthropic as a supply chain risk. CBS News legal contributor Jessica Levinson joins with analysis.
According to a recent report, nearly one in four species catalogued by the CMS are threatened with extinction on a worldwide scale.
NASA is poised to launch four astronauts on a historic nine-day trip around the moon and back. Here's everything to know about the Artemis II mission.
Arctic sea ice levels are crucial to Earth's climate because, without the ice reflecting sunlight, more heat energy goes into the oceans.
Marine biologists found detectable levels of caffeine, cocaine and the over-the-counter painkillers in the blood of 28 sharks.
Here's what to know about peptides, what they can and can't do, and what's driving viral claims about possible health benefits online.
Lawyers for the man accused of killing Charlie Kirk are asking to delay a preliminary hearing set for May, arguing the defense team needs time to review ATF analysis they contend "could not" connect a bullet fragment recovered during Kirk's autopsy with the rifle found near the scene of the crime. CBS News legal contributor Jessica Levinson joins to unpack the development.
Tiger Woods had bloodshot eyes, was "sweating profusely" and had "extremely dilated" pupils after a rollover car crash last week, an arrest report shows. CBS News' Shanelle Kaul has the details.
Police said two people headed the network, including one person considered to be the "narco-architect" and "mastermind of the tunnels."
Lawyers for Tyler Robinson, the man charged with killing conservative activist Charlie Kirk, are looking to review an analysis that couldn't conclusively connect a bullet fragment recovered during an autopsy to the rifle found near the scene. CBS News' Carter Evans reports.
A new court filing reveals defense attorneys for Tyler Robinson, the man accused of killing Charlie Kirk, claim an ATF analysis could not conclusively connect the bullet that killed Kirk to the gun Robinson allegedly used. Now the lawyers are asking to delay Robinson's preliminary hearing to review the evidence. Carter Evans reports.
As launch time approaches for NASA's first moonshot in more than half a century, anticipation is building for the Artemis II mission. Here's how to watch today's liftoff.
Forecasters continue to predict an 80% chance of favorable weather on Wednesday for the launch of four astronauts on a flight to the moon.
Countdown clocks began ticking Monday, setting the stage for launch of the Artemis II moon mission early Wednesday evening.
NASA's Artemis II astronauts — three space station veterans and a Canadian rookie — stand out even in an astronaut corps full of super achievers.
NASA is poised to launch four astronauts on a historic nine-day trip around the moon and back. Here's everything to know about the Artemis II mission.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
"My model of business is the Beatles," Steve Jobs, co-founder of Apple, told 60 Minutes in 2003, applauding their teamwork and innovation. "Great things in business are never done by one person. They're done by a team of people." Today marks the 50th anniversary of Apple's founding.
NASA is planning to launch its first crewed mission in over 50 years with its Artemis II flight on Wednesday from Florida's Kennedy Space Center.
JPMorgan Chase CEO Jamie Dimon speaks with "CBS Evening News" anchor Tony Dokoupil about the advancement of artificial intelligence, the war in Iran's effect on the U.S. economy, prediction markets and more.
Born with a rare heart defect, Wyatt Lopez was about a year old when he checked into the hospital. It took almost a whole year before he checked back out -- with a tuxedo, a little parade and a brand new heart. Tony Dokoupil has the story.
The head of JPMorgan Chase is acknowledging that the American dream is slipping out of reach for many. Jamie Dimon spoke to Tony Dokoupil, saying he's on a crusade to change that.