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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.
More companies are now offering to help new hires pay off their student loan debt. The share of job listings that mention loan repayment assistance has more than doubled since 2019, according to new data from job platform Handshake. April Rubin, a breaking news reporter for Axios, joined CBS News to discuss the trend.
Biden administration officials say the new federal program could cut monthly loan payments for 20 million people.
Student loan repayments are set to resume in October after being paused over three years ago at the start of the COVID-19 pandemic. Carter Evans takes a look at how the resumption will impact Americans.
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.
After a three-year hiatus, interest on student loans begins piling up again on Friday, with payments due in October.
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.
The Biden administration announced Tuesday a new income-driven student loan repayment plan that could lower or eliminate monthly payments for more than 20 million borrowers. CBS News White House reporter Bo Erickson has more.
Monthly loan payments may drop, based on a borrower's income.
Some borrowers who had enrolled in income-driven repayment plans will start getting their debt discharged this week.
Student loan repayments are set to resume in October when a pandemic-era relief program comes to an end, but nearly half of borrowers say they are not financially prepared to restart payments, according to a survey by U.S. News. With that in mind, the Biden administration is easing repayment requirements for many borrowers. CBS MoneyWatch associate managing editor Aimee Picchi has more.
Only one-third of borrowers are aware that loan repayments will restart in October, a new survey found.
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.
President Trump, Vice President JD Vance and Erika Kirk are speaking at Sunday's memorial service for Charlie Kirk, founder of Turning Point USA, at State Farm Stadium in Arizona.
More than 140 countries have already taken that step and more are expected to do so at the U.N. General Assembly this week, including France.
In an interview with CBS News' "Face the Nation with Margaret Brennan," the French president pushed back on criticism for recognizing a Palestinian state.
Gary Cohn, IBM vice chair and director of the National Economic Council in the first Trump term, said for companies in a "very difficult environment," cutting down on the cost of labor is "the one lever they can pull."
The Department of Homeland Security is escalating its clash with so-called sanctuary states, warning multiple states they could face legal action, CBS News has learned.
The Pentagon's new guidelines were sent to reporters on Friday.
California Gov. Gavin Newsom also signed bills enhancing protections for children at schools, hospitals.
One person is dead and several people were wounded during a shooting Saturday night at Sky Meadow Country Club in Nashua, New Hampshire.
As the Jewish calendar marks Rosh Hashanah, Rabbi Angela Buchdahl offers a message to us all about commemorating the New Year.