One-third of graduate schools leave their alums drowning in debt
Many graduates aren't earning enough to even pay down their interest, causing loans to snowball.
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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.
Young voter groups hope to replicate the boost in midterm election turnout after the Supreme Court struck down the federal right to an abortion in 2022.
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.
The Biden administration is taking steps to forgive billions in student loan debt. It's doing so by making fixes to some repayment plans. The move will automatically forgive $39 billion of educational debt. This comes after the Supreme Court struck down another student debt forgiveness plan just weeks ago. CBS News reporter Natalie Brand has more.
Millions of Americans are preparing to resume paying back their student loans in October. That's after the Supreme Court overturned President Biden's plan to forgive up to $20,000 in debt last week. Emily Irwin, managing director and senior director of advice at Wells Fargo Wealth and Investment Management, has tips for how to prepare.
The Supreme Court this week struck down the Biden administration's student loan forgiveness plan, and also ruled against the use of affirmative action in higher education. The high court also ruled that businesses can refuse service to LGBTQ customers. Christina Ruffini has more on how the White House is responding.
The Supreme Court voted in a 6-3 decision to strike down the Biden administration's plan to forgive student loans through the HEROES Act. Biden responded by laying out a new plan to waive or modify student debt. Christina Ruffini reports.
CBS News Business Analyst Jill Schlesinger answers your biggest questions after the Supreme Court ruling on Biden's student loan forgiveness plan.
The Supreme Court on Friday struck down the Biden administration's student loan relief program. Monique White, financial expert and head of community at Self Financial, joins CBS News to share tips on navigating finances after the student loan decision.
In a 6-3 decision, the Supreme Court on Friday struck down a Biden administration plan to cancel billions of dollars in student debt. Major Garrett has the latest.
President Biden delivered remarks criticizing the Supreme Court's decision to strike down his student loan forgiveness plan. In a 6-3 ruling Friday, the court's conservative majority said federal law does not allow the program to wipe out nearly half-a-trillion dollars in debt. Mr. Biden says he will take action to address the problem in other ways. Watch his full remarks and analysis in this CBS News Special Report.
The conservative Supreme Court majority on Friday struck down President Biden's student loan forgiveness plan while also ruling on a case involving LGBTQ rights, religious freedom and free speech. CBS News chief Washington correspondent Major Garrett reports. Then CBS News legal contributor Jessica Levinson examines how the president could try to move forward with loan forgiveness.
The Supreme Court on Friday struck down President Biden's student loan forgiveness plan. And in a separate case, the justices ruled in favor of a designer who did not want to make wedding websites for same-sex couples. GOP consultant Terry Sullivan and Democratic strategist Antjuan Seawright joined CBS News to talk about the potential political fallout from the rulings.
"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 in a 6-3 decision struck down President Biden's student loan forgiveness plan Friday, denying relief to 40 million Americans who stood to benefit from the program. Nate Burleson anchored CBS News' special report.
The Supreme Court's conservative majority has recently upended decades of past precedent involving issues that have shaped American life. CBS News legal contributor Jessica Levinson and chief Washington correspondent Major Garrett break down some of the major decisions this term -- and what to expect moving forward.
The fallout has already begun after the Supreme Court ruled 6-3 that President Biden's student loan forgiveness plan is unlawful. CBS News legal contributor Jessica Levinson, student loan expert Mark Kantrowitz, CBS News chief Washington correspondent Major Garrett and CBS News congressional correspondent Nikole Killion have more.
After the Supreme Court's ruling invalidating the president's student loan forgiveness plan, is the Biden administration's effort to cancel student loan debt over? Dr. Laura McNeal, law professor at the University of Louisville and a lecturer at Columbia University, joins CBS News to share her perspective.
The Supreme Court ruled 6-3 that President Biden's student loan forgiveness plan is unlawful. Chief Washington correspondent Major Garrett and CBS News correspondent Christina Ruffini have more on how the justices came to that decision.
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.
The Supreme Court ruled Friday in favor of a Colorado graphic artist who declined to design wedding websites for same-sex couples.
The Supreme Court is expected to rule this month on the legality of President Biden's student debt forgiveness plan. A pause on debt repayment is set to expire in September. CBS News' MoneyWatch associate managing editor Aimee Picchi has more.
Millions of Americans will soon need to make payments on their student loans for the first time in more than three years. The payment pause -- which had been sparked by economic worries from the pandemic -- will end in a few months. Sameer Gadkaree, president of the Institute for College Access and Success, joins CBS News to discuss how the resumption of payments will impact borrowers.
Iran swiftly reversed course on reopening the Strait of Hormuz after the U.S. said the move would not end its blockade.
The order will open the door for more research into psychedelic drugs, including ibogaine, sources told CBS News earlier this week.
Joseph DiGenova, a conservative attorney, is being tapped by the U.S. Justice Department to lead an ongoing criminal investigation into former CIA Director John Brennan.
President Trump has lobbed insults at Pope Leo XIV in response to his criticisms of the war in Iran, marking an unusually pronounced rupture between the leaders of the world's most powerful country and the world's largest Christian denomination.
Former President Barack Obama met privately with New York Mayor Zohran Mamdani before joining together to read to preschoolers at a child care center in the Bronx.
President Trump's signing comes after Congress passed a 10-day extension for the controversial warrantless surveillance law.
An order earlier this week blocked most above-ground construction on the project.
Communities across the Midwest were starting the cleanup process Saturday after multiple tornadoes touched down and severe weather struck areas from the Great Lakes to Texas.
Two soldiers from Joint Base Elmendorf-Richardson in Anchorage, Alaska, were injured in a brown bear attack on Friday during a training session.
A skydiver crashed into the scoreboard before Virginia Tech's spring football game.
Former President Barack Obama met privately with New York Mayor Zohran Mamdani before joining together to read to preschoolers at a child care center in the Bronx.
Two soldiers from Joint Base Elmendorf-Richardson in Anchorage, Alaska, were injured in a brown bear attack on Friday during a training session.
Meteorologists said the drought is a bad sign for the upcoming wildfire season, food prices and existing water issues.
Tyler Robert Buchanan, 24, of Scotland, pleaded guilty in California federal court.
The deal, approved by the FCC, would create a company that owns 265 television stations in 44 states and Washington, D.C.
Rising jet fuel prices are forcing airlines to cut routes and trim schedules.
Prices dropped after Iran's foreign minister said the Strait of Hormuz is "completely open" for the remainder of the Israel-Lebanon ceasefire.
Households are starting to make room in their budgets for spending on generative AI subscriptions, new data shows.
The recall affects F-150 vehicles quipped with a six-speed automatic transmission produced between March 12, 2014, and Aug. 18, 2017, according to NHTSA.
Former President Barack Obama met privately with New York Mayor Zohran Mamdani before joining together to read to preschoolers at a child care center in the Bronx.
Joseph DiGenova, a conservative attorney, is being tapped by the U.S. Justice Department to lead an ongoing criminal investigation into former CIA Director John Brennan.
The order will open the door for more research into psychedelic drugs, including ibogaine, sources told CBS News earlier this week.
An order earlier this week blocked most above-ground construction on the project.
The deal, approved by the FCC, would create a company that owns 265 television stations in 44 states and Washington, D.C.
The order will open the door for more research into psychedelic drugs, including ibogaine, sources told CBS News earlier this week.
Casey Gould wanted to be a mom her whole life. Her long-awaited pregnancy went smoothly — until she saw something alarming.
President Trump nominated a new director for the Centers for Disease Control and Prevention on Thursday. Dr. Erica Schwartz is a former deputy surgeon general and retired Coast Guard rear admiral.
Health Secretary Robert F. Kennedy Jr. testified before the House Ways and Means Committee on Thursday, kicking off an expected sprint of seven budget hearings he'll attend over the next week.
CBS News reported Wednesday that Dr. Erica Schwartz was emerging as the president's top pick for the role.
The item is believed to be one of only a handful of Titanic life jackets still in existence, the auction house said.
The head of Ukraine's Interior Ministry said the gunman took hostages and spoke to negotiators for 40 minutes before he was shot dead.
Mexico City and Guadalajara are preparing to host World Cup games in June, with protesters denouncing the government's failure to properly investigate the disappearances.
Abetting suicide carries a maximum sentence of 14 years, according to the Canadian Criminal Code.
There were no injuries reported in connection with the attack, police said Saturday.
New York Sirens captain Micah Zandee-Hart and Professional Women's Hockey League executive vice president of hockey operations Jayna Hefford sit down with "CBS Saturday Morning" to discuss the league's recent increase in popularity.
Cinco Paul, the screenwriter behind hit movies like the "Despicable Me" series and "Dr. Seuss' Horton Hears a Who!", sits down with "CBS Saturday Morning" to discuss his latest project: adapting the hit Apple TV+ series "Schmigadoon!" for Broadway.
The Lone Bellow began playing more than 10 years ago and gained a following for their folksy, Brooklyn sound. Now, out with their latest album, "What a Time to Be Alive," here's The Lone Bellow performing "You Were Leaving."
The Lone Bellow began playing more than 10 years ago and gained a following for their folksy, Brooklyn sound. Now, out with their latest album, "What a Time to Be Alive," here's The Lone Bellow performing "No Getting Over You."
The Lone Bellow began playing more than 10 years ago and gained a following for their folksy, Brooklyn sound. Now, out with their latest album, "What a Time to Be Alive," here's The Lone Bellow performing "I Did It For Love."
The struggling shoe brand Allbirds announced it is exiting the footwear business and re-inventing itself as an artificial intelligence company. Max Darrow has more from San Francisco.
Millions of Americans get health information from podcasts. Now, some medical experts are warning about the harmful impacts of misinformation on these programs. CBS News medical contributor Dr. Céline Gounder has more.
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.
Big retailers are embracing agentic commerce as a new way to shop. But you should think twice before handing over your credit card, tech experts say.
Actor Val Kilmer died last April, and yet he is starring in a new movie, made after his death. Jo Ling Kent reports on how filmmakers resurrected his voice and image by using artificial intelligence.
Colorado State University has released its annual Atlantic hurricane forecast, predicting 13 named storms and six hurricanes may develop during the 2026 season.
Scientists have found evidence that a 300-million-year-old sea creature previously thought to be the world's oldest octopus is actually a nautilus relative.
Last month was the hottest March on record for the Lower 48 states, by the most for any month ever, federal data shows. And a forecast El Niño could heat Earth even more.
The emperor penguin has been declared an endangered species as climate change pushes the icon of Antarctica a step closer to extinction, the global authority on threatened wildlife says.
The astronauts aboard Artemis II are the first humans to see some parts of the far side of the moon with the naked eye.
Mexico City and Guadalajara are preparing to host World Cup games in June, with protesters denouncing the government's failure to properly investigate the disappearances.
Abetting suicide carries a maximum sentence of 14 years, according to the Canadian Criminal Code.
Tyler Robert Buchanan, 24, of Scotland, pleaded guilty in California federal court.
David Burke, a singer who performs under the name d4vd, is behind bars on suspicion of murder. He was arrested after the body of a 14-year-old girl was found in the trunk of his Tesla in September 2025. Matt Gutman reports.
Two people were found dead when a minivan carrying nearly 500 pounds of liquid meth worth up to $3 million crashed in a Fort Worth neighborhood.
"We are carrying back everything we learned, not only about where we went but ourselves," mission specialist Christina Koch told "CBS Evening News" anchor Tony Dokoupil.
The four Artemis II astronauts struggled to describe the view and overall experience of flying around the moon's far side and witnessing a solar eclipse in deep space.
People on the ground in the Eastern Hemisphere will be able to observe the asteroid with their own eyes, weather permitting, according to NASA.
The Artemis II astronauts flew back to the Johnson Space Center in Houston Saturday to cheers and applause from family members and hundreds of NASA workers.
The Artemis II crew's nine-day moon mission set a record for the farthest any human has ever traveled from Earth. Here's a look at the key moments.
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.
A skydiver was safely rescued after accidentally crashing into a scoreboard during a Virginia Tech spring football game.
14-year-old surfing phenom tells Carter Evans about his pivot to jiu-jitsu and the lessons he's learned about choosing your path.
The struggling shoe brand Allbirds announced it is exiting the footwear business and re-inventing itself as an artificial intelligence company. Max Darrow has more from San Francisco.
Pope Leo pushed back on claims that he is feuding with President Trump. Chris Livesay has more details.
Millions are under the threat of severe weather on Saturday, with a tornado risk from Tennessee to New York. Multiple funnel clouds whipped across several states on Friday, causing lots of damage. Jonah Kaplan reports and Andrew Kozak has the forecast.