Democrats at odds over cancelling student debt
House Speaker Nancy Pelosi says Congress needs to pass legislation, a day after Senate Majority Leader Chuck Schumer advocated forgiveness from the president's pen.
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House Speaker Nancy Pelosi says Congress needs to pass legislation, a day after Senate Majority Leader Chuck Schumer advocated forgiveness from the president's pen.
A government moratorium on federally backed college debt expires on December 31. Student loan borrowers are worried.
Led by the attorney general of Massachusetts, 18 states and D.C. are suing the Department of Education and Secretary Betsy DeVos for suspending rules that would erase student debt for some Americans. The Borrower Defense Rule would have protected students of for-profit colleges that engaged in misconduct. CBS News business analyst Jill Schlesinger joins "CBS This Morning" to discuss the lawsuit.
The average student loan debt has more than tripled in the last 20 years, leaving more than 75 million millennials juggling debt and economic uncertainty. Jill Schlesinger reports.
New legislation would make four-year public college tuition-free for students from families making less than $125,000.
New Education Department data shows 9.4 million of those borrowers are in default or delinquent on their loans.
The move comes as public sector unions ask the Education Department to cancel loans for borrowers in public service jobs.
Settlement follows FTC claims that the for-profit college's ads misled students about their job prospects.
Student loans offer more flexibility in payment options than other kinds of debt. CBS MoneyWatch contributor Ray Martin shares some advice on managing this heavy burden.
About 42.9 million Americans owe a collective $1.7 trillion in outstanding student loans – a "quiet crisis" that touches families across the nation.
CBS MoneyWatch contributor Ray Martin helps you avoid tax and financial aid pitfalls when paying for your child’s education.
CBS MoneyWatch contributor Ray Martin shares some tips on how students and their parents can ease the burden of paying for higher education.
"This clears the way for President Biden to #CancelStudentDebt," Senator Elizabeth Warren tweets.
Getting a degree is now a "high-stakes decision," one economist says. But those without degrees are even worse off.
The president has promised in the past to eliminate up to $10,000 in debt and explained why he can't support a measure for more.
Representative Omar suggested the resolution may be the first step towards total student debt cancellation.
The Department of Education pick said he was "totally in support" of President Joe Biden's plan to back $10,000 of student loan forgiveness.
On the campaign trail, Mr. Biden promised to address the student loan crisis and supported cancelling $10,000 in debt per borrower.
The president-elect's transition team also said Mr. Biden supports Congress "immediately" cancelling $10,000 of federal student loans
The outgoing education secretary's five-page letter doesn't refer to President-elect Joe Biden by name.
Millions of Americans will be required to resume student loan payments in January unless the popular program is extended.
Democrats in Congress propose bankruptcy reform to aid families and individuals hurting due to college debt.
State prosecutors say the defunct for-profit school lured students into high-interest loans they couldn't afford.
Should students take a gap year? CBS News business analyst Jill Schlesinger weighs in and gives tips for families.
Student loan debt is a $1.5 trillion financial crisis in America. The average household with student debt owes more than $47,000. Mark Strassmann examines the issue in a special CBS News series, "Life and Debt."
Less than 48 hours after President Trump said Iran has "agreed to everything," he threatened the whole country would get "blown up" without a deal soon.
Iran balked at President Trump's demands for a peace deal amid a standoff over the Strait of Hormuz, as fear the war could reignite hits oil and energy markets.
The wife of a sergeant first class was detained by ICE at an immigration appointment in Texas. He says he doesn't understand why, and "ICE is out of control right now."
She is taking a role in the private sector, according to the White House.
The gunman, who is also dead, shot 10 people in total, according to police. All eight who died were children from 3 to 11 years old, police said.
FBI Director Kash Patel filed a defamation lawsuit against The Atlantic, saying a recent story about his alleged frequent drinking and absences included "false and obviously fabricated" claims.
The subpoenas went out shortly after the Justice Department appointed conservative Trump ally Joe DiGenova to formally take over the criminal investigation into John Brennan.
D4vd, whose real name is David Burke, is charged with first-degree murder with special circumstances, lewd and lascivious acts with an individual under 14, and mutilating a body.
Some U.S. importers reported problems filing tariff refund claims after Customs and Border Patrol launched its dedicated portal on Monday.
Air traffic control told the pilots of a flight aborting a landing to turn right, which put them on a potential collision course with another 737 that had been cleared for takeoff from a parallel runway.
Apple CEO Tim Cook will step down in August and become executive chairman of Apple's board.
Senators are likely to press Warsh, President Trump's nominee to succeed Jerome Powell as Fed chair, on his views about inflation and interest rates.
Less than 48 hours after President Trump said Iran has "agreed to everything," he threatened the whole country would get "blown up" without a deal soon.
Some U.S. importers reported problems filing tariff refund claims after Customs and Border Patrol launched its dedicated portal on Monday.
Apple CEO Tim Cook will step down in August and become executive chairman of Apple's board.
Senators are likely to press Warsh, President Trump's nominee to succeed Jerome Powell as Fed chair, on his views about inflation and interest rates.
Some U.S. importers reported problems filing tariff refund claims after Customs and Border Patrol launched its dedicated portal on Monday.
Airlines could hike ticket prices and fees if United and American were to join forces, lawmakers warn.
Work requirements will encourage people who are able to work to seek and maintain jobs, proponents say. But researchers haven't found that they lower the unemployment rate.
Lori Chavez-DeRemer is taking a role in the private sector, according to the White House.
Senators are likely to press Warsh, President Trump's nominee to succeed Jerome Powell as Fed chair, on his views about inflation and interest rates.
Less than 48 hours after President Trump said Iran has "agreed to everything," he threatened the whole country would get "blown up" without a deal soon.
Democratic Sen. Mark Warner of Virginia announced on Monday that his daughter Madison has died following a lengthy battle with juvenile diabetes and other health issues.
The subpoenas went out shortly after the Justice Department appointed conservative Trump ally Joe DiGenova to formally take over the criminal investigation into John Brennan.
Work requirements will encourage people who are able to work to seek and maintain jobs, proponents say. But researchers haven't found that they lower the unemployment rate.
Former Trump Surgeon General Dr. Jerome Adams described Dr. Erica Schwartz as a "home run pick."
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.
Mexico's security officials said a gunman opened fired at the popular tourist spot, killing a Canadian woman and injuring at least 13 people, including six Americans.
Less than 48 hours after President Trump said Iran has "agreed to everything," he threatened the whole country would get "blown up" without a deal soon.
Jewish Iranians tell CBS News the war with Israel has brought conflicting emotions, and they wish leaders in both countries would "let us live in peace."
Some robots ran the Beijing half-marathon autonomously, while others were controlled remotely, all competing on a parallel course to avoid collisions with human athletes.
Authorities initially said the accident happened while the officers were returning from the drug raids, but the Chihuahua state prosecutor later said the Americans weren't involved in those operations.
Singer D4vd appeared in court Monday, hours after prosecutors announced he would be charged with first-degree murder in the death of 14-year-old Celeste Rivas Hernandez. Matt Gutman reports.
Los Angeles prosecutors on Monday charged singer d4vd in the murder of a 14-year-old girl whose dismembered body was found in his car last year. CBS News chief correspondent Matt Gutman has the details.
"Matlock" stars Skye P. Marshall and Jason Ritter join CBS News with more clues ahead of the show's season finale.
Emily Saliers, one-half of the Atlanta folk duo The Indigo Girls, has revealed that she has been diagnosed with two incurable movement disorders that will forever change the way that she sings.
The Los Angeles County District Attorney's Office is expected on Monday to charge singer-songwriter d4vd with murder, seven months after 14-year-old Celeste Rivas' body was found in a car that he owned. The 21-year-old musician was arrested last week. Matt Gutman reports.
After 15 years, Tim Cook is stepping down as Apple's CEO. Starting in September, Cook will be the executive chairman of Apple's board of directors. New York Times technology correspondent Mike Isaac joins CBS News to discuss.
A new book called "Screen People" argues that's what society has become: a people defined by screens, what we do with those screens and how we present ourselves on those screens. Author Megan Garber joins "The Takeout" to discuss.
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.
Apple CEO Tim Cook will step down in August and become executive chairman of Apple's board.
Some robots ran the Beijing half-marathon autonomously, while others were controlled remotely, all competing on a parallel course to avoid collisions with human athletes.
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Over the past century, the cultivation and processing of wheat has led to strains of grain that are less nutritious, less flavorful, and more vulnerable to climate change. The researchers at Breadlab, at Washington State University, are trying to breed varieties of whole grains that are better for farmers, consumers – and taste buds. David Pogue reports.
The renewable energy company Panthalassa says it has a solution to the proliferation of AI data centers, which consume massive amounts of energy and are the cause of increased carbon pollution: sea-based data centers, powered by wave energy.
The renewable energy company Panthalassa says it has a solution to the proliferation of AI data centers, which consume massive amounts of energy and are the cause of increased carbon pollution: sea-based data centers, powered by wave energy. Correspondent David Pogue examines what Panthalassa's alternative to land-based data centers may mean.
Colorado State University has released its annual Atlantic hurricane forecast, predicting 13 named storms and six hurricanes may develop during the 2026 season.
Singer D4vd appeared in court Monday, hours after prosecutors announced he would be charged with first-degree murder in the death of 14-year-old Celeste Rivas Hernandez. Matt Gutman reports.
Louisiana police say a gunman was targeting his own family when he opened fire over the weekend, killing eight children. CBS News correspondent Jason Allen reports.
Mexico's security officials said a gunman opened fired at the popular tourist spot, killing a Canadian woman and injuring at least 13 people, including six Americans.
Los Angeles prosecutors on Monday charged singer d4vd in the murder of a 14-year-old girl whose dismembered body was found in his car last year. CBS News chief correspondent Matt Gutman has the details.
Police in North Carolina say two teenagers were killed and several others were injured after a shooting on Monday morning near a middle school. CBS News correspondent Shanelle Kaul has more.
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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.
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Singer D4vd appeared in court Monday, hours after prosecutors announced he would be charged with first-degree murder in the death of 14-year-old Celeste Rivas Hernandez. Matt Gutman reports.
Beginning on Monday, businesses were able to apply for refunds for President Trump's tariffs that were later declared unconstitutional by the Supreme Court. Jo Ling Kent reports on some of the issues they're running into.
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