What to know if you've applied for student loan forgiveness
Biden's student loan forgiveness plan has been blocked by two federal courts, leaving millions of borrowers in limbo.
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Biden's student loan forgiveness plan has been blocked by two federal courts, leaving millions of borrowers in limbo.
This comes after the plan has been blocked by two separate federal court rulings.
A federal appeals court temporarily halted President Biden's student debt relief program Friday. The 8th U.S. Circuit Court of Appeals issued a stay prohibiting the government from "discharging any student loan debt." Catherine Herridge has more.
A federal judge in Texas blocked President Joe Biden's student loan forgiveness plan. U.S. District Judge Mark Pittman ruled the Department of Education violated federal law.
Student loan forgiveness has prompted a discussion about the soaring price of a college degree.
The government also said in its response to the 8th Circuit Court of Appeals' decision to pause the program that the states do not have standing to intervene.
In their appeal, attorneys for several Republican-led states said the plan will irreparably harm their states' student loan programs.
President Biden announces new college-debt forgiveness site, calling it a "game changer for millions of Americans."
Not everyone is interested in a white collar job or college degree (or in racking up student loan debt). "Sunday Morning" senior contributor Ted Koppel meets plumbers and apprentices about their chosen profession, who talk about their work and why it's stigmatized by others.
The application takes about five minutes to complete, the U.S. Department of Education said.
Education Department is offering more details about its "short and simple" form to get up to $20,000 in debt wiped away.
Teachers and other public servants need to apply soon to ensure they are considered for a one-time waiver.
Only some types of debt are covered by the plan. Make sure your loans qualify ahead of the application.
People who kept making student loan payments during the health crisis can get a refund and then apply for forgiveness — here's how.
The Education Department announced Tuesday it will discharge loans for students who attended the for-profit Westwood College.
Following the White House's announcement of a sweeping student debt reform package, some are expressing concerns that the plan could result in higher inflation. Marc Goldwein, senior policy director at the Committee for a Responsible Federal Budget, joins "CBS News Mornings" to explain the impact the move could have on inflation and the federal deficit.
President Biden's recently announced student loan forgiveness plan is estimated to cost $24 billion each year over the next decade, according to the White House. Christina Ruffini is there with more.
Marjorie Taylor Greene said for the government to say debt is forgiven "is completely unfair." The White House tweeted back that she had more than $183,000 in PPP loans forgiven.
More than 40 million Americans may qualify, with income the main factor that determines who qualifies for relief.
With just a week left until student loan payments are expected to resume in September, millions of Americans may see thousands of dollars of relief coming from the White House. President Biden is expected to announce Wednesday that the government will forgive up to $10,000 in federal student loan debt for Americans making less than $125,000 a year. Chief White House correspondent Nancy Cordes reports from Washington.
The pause on student loan payments is set to expire at the end of the month.
With just days until an Aug. 31 deadline, it's still unclear if payments and interest will actually resume in September.
The Biden administration extended the payment pause in April through August 31.
Vice President Kamala Harris announced the Biden administration will cancel all student loan debt accumulated by former students of the now defunct Corinthian Colleges. But Washington Post opinion columnist Helaine Olen says student loan forgiveness isn't enough. She joined CBS News' Tanya Rivero and Nikki Battiste to discuss.
Lawmakers returned to Capitol Hill from their Thanksgiving break and renewed efforts to pass a coronavirus stimulus bill after months of stalled talks. CBS News chief congressional correspondent Nancy Cordes and Washington Post economics correspondent Heather Long join CBSN's "Red & Blue" host Elaine Quijano to discuss the narrow path to a deal before key programs expire at the end of December.
Two days of talks in Washington between Lebanon and Israel produced an extension of the current ceasefire by 45 days.
President Trump announced Friday evening that U.S. and Nigerian military forces had killed Abu-Bilal al-Minuki, a leader in the Islamic State group.
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President Trump told reporters he made "no commitment either way" to China's Xi Jinping regarding U.S. weapons sales to Taiwan.
An Iraqi national allegedly plotted to carry out terror attacks in the U.S., including at a prominent synagogue in New York, prosecutors said Friday.
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David White retired as the longtime principal at the Burgess-Peterson Academy in Atlanta, and then returned to the school as its handyman.
The International Space Station-bound SpaceX Cargo Dragon is loaded with 6,500 pounds of needed equipment, research gear and crew supplies.
No injuries have been reported because of the issue, the Food and Drug Administration said.
President Trump's trip to China could bolster economic relations, but failed to deliver a breakthrough deal, some trade and energy experts said.
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As Powell steps down after more than eight years leading the Federal Reserve, economists say he helped steer the U.S. through historic shocks but misread inflation.
Oklahoma has filed a lawsuit against Roblox, making it the latest state to take legal action against the popular gaming platform over child safety concerns.
Russia's Putin will travel to Beijing next week to meet China's Xi. The announcement came one day after President Trump returned from his own summit with the Chinese leader.
Louisianans are voting Saturday in the state's Senate primaries as Sen. Bill Cassidy fights to hold onto his seat, facing a Trump-backed primary challenger.
President Trump announced Friday evening that U.S. and Nigerian military forces had killed Abu-Bilal al-Minuki, a leader in the Islamic State group.
Dr. Tracy Beth Høeg, leader of the Food and Drug Administration division responsible for regulating prescription and over-the-counter drugs, is leaving her post, a senior FDA official confirmed.
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A New York doctor who contracted and survived Ebola more than a decade ago says he is worried for healthcare workers who are at the center of treating the latest outbreak.
Dr. Tracy Beth Høeg, leader of the Food and Drug Administration division responsible for regulating prescription and over-the-counter drugs, is leaving her post, a senior FDA official confirmed.
Colombia's presidential elections are scheduled for May 31, marking the end of the term for Gustavo Petro, the country's first leftist president.
Officials first announced the outbreak on Friday, with 65 deaths and 246 suspected cases.
Wes Streeting is one of several challengers who could try to unseat the U.K. prime minister.
Russia's Putin will travel to Beijing next week to meet China's Xi. The announcement came one day after President Trump returned from his own summit with the Chinese leader.
Izz al-Din al-Haddad was killed in a "precise strike in the area on the City of Gaza," the Israel Defense Forces said Saturday.
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Five-time Grammy winner and blues legend Taj Mahal is best known for hits like "Corinna" and "Statesboro Blues," and has collaborated with The Rolling Stones and Eric Clapton during his career that spans six decades. His latest album, "Time," was recorded with his long-time bandmates "The Phantom Blues Band." Here's Taj Mahal performing "Time."
Five-time Grammy winner and blues legend Taj Mahal is best known for hits like "Corinna" and "Statesboro Blues," and has collaborated with The Rolling Stones and Eric Clapton during his career that spans six decades. His latest album, "Time," was recorded with his long-time bandmates "The Phantom Blues Band." Here's Taj Mahal performing "Queen Bee."
Five-time Grammy winner and blues legend Taj Mahal is best known for hits like "Corinna" and "Statesboro Blues," and has collaborated with The Rolling Stones and Eric Clapton during his career that spans six decades. His latest album, "Time," was recorded with his long-time bandmates "The Phantom Blues Band." Here's Taj Mahal performing "Wild About My Lovin'."
Atlanta residents say they're waking up to traffic jams of self-driving Waymo vehicles confused by neighborhood signage.
Atlanta residents woke up to Waymo traffic jams on Friday. The driverless cars took over a quiet cul-de-sac. Skyler Henry has more details.
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Oklahoma has filed a lawsuit against Roblox, making it the latest state to take legal action against the popular gaming platform over child safety concerns.
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The long-necked herbivore is the largest ever found in Southeast Asia, researchers said.
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The Pentagon released UFO documents on Friday, with President Trump telling the public to "have fun" deciding for itself what is going on. Carter Evans reports.
Mohammad Baqer Saad Dawood Al-Saadi, an Iraqi national, is facing federal charges for his alleged terror plots targeting Jewish institutions around the U.S.
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Federal prosecutors charged an Iraqi national on Friday with planning several terrorist attacks in the U.S. as retribution for the Iran war. CBS News' Anna Schecter has the latest.
Mohammad Baqer Saad Dawood Al-Saadi is facing federal charges for allegedly plotting several terror attacks in the U.S., including targeting a Jewish institution in New York. CBS News' Anna Schecter and Jake Rosen report.
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