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President Biden traveled to California on Wednesday where he spoke about his administration's latest student loan debt forgiveness plan. CBS News chief White House correspondent Nancy Cordes has the details.
President Biden on Wednesday announced his administration is canceling $1.2 billion in student debt for 153,000 borrowers. Biden delivered remarks in Culver City, California.
On Thursday, the Biden administration released a new proposal to expand student loan forgiveness as Americans nationwide struggle to repay their debt. Here's the latest.
With roughly 43 million Americans burdened by over $1.6 trillion in federal student loan debt, the Biden administration's latest proposal offers a glimmer of hope, aiming to extend the relief further after already canceling billions in debt. Experts like Betsy Mayotte offers insight and tips for those navigating these challenging financial waters.
An error identified in the revised Free Application for Federal Student Aid (FAFSA) process led to difficulties for students trying to apply. Kate Wood, a writer at NerdWallet, joins CBS News with the snag's effect on student wallets.
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.
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.
Donations on the crowdfunding platform this year reveal a range of urgent financial needs, GoFundMe data shows.
The number of people seeking help on the platform to pay student loans has exploded over the last year, the crowdfunding site says.
With student loan repayments officially resuming this month, many borrowers say they are facing customer service issues with their loan servicers. Persis Yu, the deputy executive director and managing counsel for the Student Borrower Protection Center, joined CBS News to discuss the situation.
As student loan repayments restart in October, the Biden administration said 125,000 people with student loans will have their debt erased.
Student loan borrowers facing problems with their servicer shouldn't have to repay their debt until the issues are resolved, 19 state attorneys general say.
Tens of millions of Americans are expected to resume paying student loans after a three-year pandemic-era pause. CBS News correspondent Carter Evans has more. Plus, Politico education reporter Michael Stratford explains how the Biden administration is attempting to ease the burden for borrowers.
Student loan payments resumed over the weekend following a pandemic-era pause that lasted more than three years. For millions, the payments will force them to make difficult cuts elsewhere as prices for gas and groceries remain high. Carter Evans reports.
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.
Americans with student loan debt need to begin repaying their loans again after a hiatus of more than three years.
CBS News business analyst Jill Schlesinger joins "CBS Mornings" to talk about what borrowers need to know before federal student loan repayments start back up in October.
Scammers are targeting student loan borrowers as millions of Americans prepare to start repaying their debt in October following a three-and-a-half-year pause. CBS MoneyWatch associate managing editor Aimee Picchi provides some tips on how to spot a scam.
Scammers are seizing on "chaos and confusion" ahead of the resumption of student loan repayments, one expert warned.
Biden administration officials say the new federal program could cut monthly loan payments for 20 million people.
Student loan interest started accruing again on Friday after a three-and-a-half-year pause amid the COVID pandemic. Ayelet Sheffey, a senior economic policy reporter for Insider, joins CBS News to discuss what student loan borrowers should expect.
Interest on federal student loans resumes in September and payments will start in October after a more than three-year pause due to the COVID pandemic. The Supreme Court rejected President Biden's student debt relief program in June, but the Biden administration is offering a new program to help some borrowers bring down the cost of their monthly payments. Weijia Jiang reports.
Federal student loans will start accruing interest for the first time in three years on Friday. Student loan attorney Adam Minsky joins CBS News to help answer questions people may have about payments resuming.
After a three-year hiatus, interest on student loans begins piling up again on Friday, with payments due in October.
President-elect Donald Trump announced Gaetz as his nominee to be attorney general last week.
Dnipro bears the brunt of Moscow's first retaliatory strike after Ukraine fires U.S.-made missiles into Russia, and Ukraine claims Moscow may have used an ICBM.
Sarah McBride, set to be the first transgender member of Congress, talked with CBS News' Scott MacFarlane and commented on the GOP's effort to restrict bathroom use.
The state's highest court ruled a special prosecutor's decision to re-indict Smollett violated his constitutional rights after Cook County prosecutors previously dropped charges against him.
Billionaires Elon Musk and Vivek Ramaswamy say the Department of Government Efficiency has targets in mind for cost cutting.
A woman told police she was sexually assaulted in 2017 by Pete Hegseth, according to a detailed, newly-released police report. He is now President-elect Trump's choice for defense secretary.
Cristian Fernando Gutierrez-Ochoa — the son-in-law of Jalisco New Generation cartel leader "El Mencho" — was arrested in Riverside, California, officials said.
As record travelers prepare to fly for Thanksgiving, here's what to know about transporting food through TSA checkpoints.
A new potential case of bird flu in a California child without known contact with infected animals is raising concerns about a potential pandemic. Dr. Céline Gounder explains what to know.
While some are bullish, other experts warn of investment risks as what comes next is impossible to know.
Donald Trump's proposed tariffs could raise costs for U.S. consumers, economists say. Here's how much grocery bills could rise.
Sarah McBride, set to be the first transgender member of Congress, talked with CBS News' Scott MacFarlane and commented on the GOP's effort to restrict bathroom use.
Kennedy's team is weighing a significant rewrite of the FDA's rules.
These are the president's top advisers and the highest-ranked U.S. officials. Here's what Cabinet members do — and some issues they're likely to face if confirmed by the Senate.
While some are bullish, other experts warn of investment risks as what comes next is impossible to know.
Donald Trump's proposed tariffs could raise costs for U.S. consumers, economists say. Here's how much grocery bills could rise.
Warehouse chain follows rival Costco in raising amount its 7.5 million members must pay to shop at BJ's stores.
Elon Musk and Jeff Bezos — the two richest people on the planet — are squabbling over social media. No, really.
Billionaires Elon Musk and Vivek Ramaswamy say the Department of Government Efficiency has targets in mind for cost cutting.
While some are bullish, other experts warn of investment risks as what comes next is impossible to know.
Sarah McBride, set to be the first transgender member of Congress, talked with CBS News' Scott MacFarlane and commented on the GOP's effort to restrict bathroom use.
Kennedy's team is weighing a significant rewrite of the FDA's rules.
These are the president's top advisers and the highest-ranked U.S. officials. Here's what Cabinet members do — and some issues they're likely to face if confirmed by the Senate.
President-elect Donald Trump announced Gaetz as his nominee to be attorney general last week.
Kennedy's team is weighing a significant rewrite of the FDA's rules.
A new potential case of bird flu in a California child without known contact with infected animals is raising concerns about a potential pandemic. Dr. Céline Gounder explains what to know.
CBS News medical contributor Dr. Celine Gounder joins "CBS Mornings" to discuss the latest on bird flu as new cases raise alarms among health officials. There have been 53 confirmed human cases across seven states this year. Health officials in California are reporting a possible case in a child who had no known contact with an infected animal.
The FDA says America's food supply is still "one of the safest in the world," despite some recent high-profile recalls and outbreaks.
Lattes and other espresso-based drinks may not be available at some McDonald's restaurants due to a glitch with coffee machines.
Former president Jair Bolsonaro and 36 other people were indicted for allegedly attempting a coup to keep him in office after his defeat in the 2022 elections.
A volcano erupted in southern Iceland, near the town of Grindavík and the Blue Lagoon spa, marking the region's seventh eruption in a year.
The amulet was found during an ongoing excavation project in Hadrianopolis, an ancient city near Karabük, Turkey.
The leaders are accused of crimes against humanity and war crimes over the war in Gaza and the Oct. 7 Hamas attack on Israel.
Dnipro bears the brunt of Moscow's first retaliatory strike after Ukraine fires U.S.-made missiles into Russia, and Ukraine claims Moscow may have used an ICBM.
Connie Nielsen opens up about returning as Lucilla in "Gladiator II," reuniting with director Ridley Scott and exploring her character's emotional journey.
Singer-songwriter Shelby Lynne opens up about her new album and how her friendships helped save her when she thought her recording career could be over.
Making his feature directorial debut, Malcolm Washington brings August Wilson's Pulitzer-winning play to the screen with help from his father, Denzel Washington and siblings John David and Katia
Ahead of the sequel's release, Connie Nielsen joins "CBS Mornings" to talk about stepping back into the world of Ridley Scott's epic saga and her character's emotional journey.
After overcoming years of personal struggles, Grammy winner Shelby Lynne is back with her first album in years. She tells Anthony Mason why her return to recording came as a surprise, even to her.
While some are bullish, other experts warn of investment risks as what comes next is impossible to know.
Elon Musk and Jeff Bezos — the two richest people on the planet — are squabbling over social media. No, really.
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.
The proposed breakup calls for Google to sell its industry-leading Chrome web browser and impose restrictions designed to prevent its Android smartphone software from favoring its search engine.
Reddit says it's investigating after users on Wednesday reported problems connecting to the online forum.
Conservationists are teaming up with the U.S. Forest Service and logging companies to clear scorched land and make room for new reforestation projects.
Large wildfires fueled by climate change have destroyed tens of millions of acres of forests in the Pacific Northwest in recent years. Jonathan Vigliotti explores a major effort underway to restore those forests.
The U.S. Fish and Wildlife Service has proposed new protections for giraffes, saying their populations are threatened by poaching, habitat loss and climate change.
The carcass was comparable to the width of a college basketball court and female, according to biologists.
Former leaders and climate experts have issued a letter calling the U.N.'s annual climate meeting "no longer fit for purpose." Recently, CBS News spoke with U.S. Energy Secretary Jennifer Granholm about the summit and what the incoming Trump presidency means for clean energy and climate change. The conversation took place before the president-elect made his pick for energy secretary.
Cristian Fernando Gutierrez-Ochoa — the son-in-law of Jalisco New Generation cartel leader "El Mencho" — was arrested in Riverside, California, officials said.
The FBI has arrested a Florida man who's accused of plotting to bomb the New York Stock Exchange. CBS News New York reporter Allen Devlin has more.
Colin Gray and his son, Colt Gray, were both indicted in the Sept. 4 shooting that killed two students and two teachers and injured others.
A judge on Wednesday found Jose Ibarra guilty on all 10 counts in the murder of University of Georgia student Laken Riley. Ibarra was sentenced to life in prison without the possibility of parole.
Edward Kelley distributed a "kill list" and videos containing images of FBI employees to another person as part of his "mission," prosecutors say.
President-elect Donald Trump attended SpaceX's sixth flight test of its Super Heavy-Starship on Tuesday with CEO Elon Musk. The burgeoning friendship between the two men played a key role in Trump's reelection, with Musk now set to run a government efficiency agency in the coming months. CBS News political reporter Jake Rosen and Politico aviation reporter Oriana Pawlyk join "America Decides" with more.
President-elect Donald Trump was on hand with Elon Musk for the sixth test flight of SpaceX's huge Super Heavy-Starship rocket.
Researchers analyzed lunar soil brought back by China's Chang'e-6, the first spacecraft to return with a haul of rocks and dirt from the little-explored far side.
November's full moon, known as the Beaver Moon, is the last supermoon of 2024. Here's when it peaks and why it's called the Beaver Moon.
Medical issues aside, the astronauts described a water leak in June that triggered a blizzard in the International Space Station's airlock.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
See some of convicted serial killer Rodney Alcala's photographs that were discovered by detectives in a Seattle storage locker.
The seesaw marriage between the former ballerina and her much older husband only lasted four years, until she shot him on Sept. 27, 2020.
A look at the evidence in "The Dexter Killer" case; plus, newly revealed letters from the man police say wanted to be like fictional serial killer Dexter Morgan.
Live performances are in full swing this summer. Scroll through our concert gallery, featuring pictures by CBS News photojournalist Jake Barlow and photographers Ed Spinelli and Kirstine Walton.
Lowriders, with their vintage American automobiles, are turning the hobby’s bad-boy reputation on its head. This Sunday, Bill Whitaker travels to New Mexico, a hub of lowrider culture.
The 30-year fixed mortgage rate appears to be rising as buyers await a good time to enter the market. Maria Avellaneda, an associate broker for Keller Williams NYC, joins CBS News with more.
Rep. Sean Casten, a Democrat from Illinois, tells CBS News he still wants the House Ethics Committee findings on former Florida Rep. Matt Gaetz to be made public. This comes as Capitol Hill reacts to news of Gaetz withdrawing from consideration for attorney general.
The International Criminal Court issued arrest warrants for Israel's Benjamin Netanyahu and Yoav Gallant, the former defense minister of the Jewish State. CBS News' Elizabeth Palmer has more.
Former Michigan Rep. Fred Upton is weighing in on Matt Gaetz's decision to withdraw from consideration for attorney general. Upton joins CBS News with more on the House Ethics report on Gaetz's conduct.