Press release issued 6. 17. 19
(Washington, D.C.) – As part of her ongoing efforts to protect and bolster Washington state’s vital salmon population, U.S. Senator Patty Murray (D-WA) recently joined Senator Lisa Murkowski (R-AK) to introduce a resolution recognizing 2019 as the International Year of the Salmon. The resolution aims to serve as a framework for collaboration across the Northern Hemisphere to restore and recover salmon stocks through research, cooperation, and public action. U.S. Senators Ron Wyden (D-OR), Jeff Merkley (D-OR), Maria Cantwell (D-WA), Dan Sullivan (R-AK), Susan Collins (R-ME), and Angus King (I-ME) also signed on to the resolution.
“Salmon is as important to Washington state’s history and culture as it is to our environment and economy, and our families, tribes, and recreationists understand the importance of our wild salmon populations to our way of life,” said Senator Murray. “This resolution is a signal to our international neighbors that the United States is serious about salmon recovery and preservation, and I’m proud to stand with colleagues on both sides of the aisle to recognize this important call to action.”
Senator Murray, a longtime defender of Washington state’s salmon habitats, previously led efforts to restore federal funding for salmon recovery after previous attempts from President Trump to eliminate vital federal support for salmon recovery, and successfully championed increased federal investments in the program in the last spending bill.
Background:
The International Year of the Salmon (IYS) was launched by the North Pacific Anadromous Fish Commission (NPAFC) and other partners last fall to inform and stimulate salmon outreach and research.
The IYS aims to serve as a framework for international collaboration, supporting the resilience of salmon and coastal societies throughout the Northern Hemisphere, including research events in Japan, Russia, Norway, Sweden, the UK, Germany, Switzerland, and on both coasts of the US and Canada.
One of the associated projects is a Gulf of Alaska research cruise focused on studying Pacific salmon during their first ocean winter and determining rearing areas and abundances of specific stocks.
The IYS focal year is 2019, though activities began in 2018 and are planned to continue through to 2022.
Resolution Highlights:
Salmon are a vital resource, providing communities with cultural and social value, food security, and economic opportunity.
Salmon can be vulnerable to impacts from human interference, including development pressures and climate change.
Drawing on science, Indigenous knowledge, and the experience of fishers, policy makers, resource managers, and others is essential to conserve salmon.
People from all walks of life can learn about the value of salmon and support salmon conservation.
AG FERGUSON SECURES $5.1M IN RELIEF FOR MORE THAN 500 WASHINGTON STUDENTS SCAMMED BY LENDER AFFILIATED WITH SHUTTERED FOR-PROFIT COLLEGE
Student CU Connect continued to issue loans despite ITT expecting more than 60 percent would default.
Press release issued 6. 14. 19
OLYMPIA — Attorney General Bob Ferguson today announced that as a result of an investigation, Student CU Connect LLC (CUSO) will provide debt relief for 100 percent of its student loans for deceiving ITT Technical Institute students when it issued the loans.Ferguson's student loan initiative
ITT Technical Institute (ITT Tech) was a for-profit college that abruptly closed all of its 149 campuses in September 2016, including campuses in Seattle, Everett and Spokane Valley. CUSO must provide a total of $5.1 million in student loan debt relief to 538 Washington borrowers who attended ITT Tech. The median amount of debt relief Washington borrowers will receive is $6,096. Nationally, CUSO will discharge $168.2 million in loans.
CUSO issued loans to only ITT Tech students between 2009 and 2011. CUSO continued issuing loans even though ITT projected borrowers would default at rates exceeding 60 percent. The company now projects rates to exceed 90 percent.
“For honest lenders, a borrower's ability to pay back a loan matters," said Ferguson. “ITT Tech and CUSO were only interested in increasing their bottom line at their students’ expense. They issued private loans they knew students could not afford in order to access their federal loan dollars. This was a scam, and students deserve this relief.”
In the assurance of discontinuance with Washington and other filings with the U.S. Consumer Financial Protection Bureau, 43 other states and the District of Columbia, CUSO agreed to forgo collections on all current and defaulted private student loan balances.
As a result of the assurance of discontinuance, CUSO may no longer collect on any of its loans and must discharge and cancel all outstanding balances. Additionally, the company will notify the three major credit bureaus that the loans are no longer outstanding and request that they remove the credit line associated with the loans.
CUSO will notify all affected student loan borrowers of the debt relief by mail within 30 days.
CUSO’s conduct
ITT Tech’s tuition was higher than most other for-profit schools at the time, with its associate degree programs costing approximately $44,000. Many students who enrolled in the school could not cover the cost of tuition with federal student aid alone. ITT Tech used CUSO from 2009 to 2011 as part of a two-step scheme to ensure students could borrow enough to cover tuition, no matter their ability to repay their debt.
First, ITT Tech offered many students a “temporary credit” to cover the gap between what the student received in federal student loans and the remaining tuition balance. The temporary credit only covered the first nine-month term, at the end of which the school required the student to pay it back in full.
Many students did not understand that they would need to repay the temporary credit due to rushed meetings with ITT Tech financial aid staff.
Second, when students were not able to pay back the credit after nine months, the school pressured them to take out a private student loan with CUSO or another ITT Tech-specific loan program by calling the students at home, barring them from class or withholding course materials, diplomas and transcripts.
The former CEO of ITT Tech personally encouraged financial aid staff to pull students out of class to complete financial aid applications.
This scheme allowed ITT Tech to skirt federal regulations governing for-profit schools and shift the risk of providing loans to students at high risk of default, while continuing to profit off these students’ tuition.
Students who refused the private student loans faced expulsion from the school. Because transferring ITT Tech credits to other schools was virtually impossible, students who refused to take out the loans could lose their entire educational investment.
Students trapped in CUSO loans grappled with high interest rates of 13.75 to 16.25 percent, making progress toward paying off the loan difficult. After ITT Tech shut down its campuses, CUSO estimated that borrowers behind on their payments by 30 days or more could default at a rate of up to 99.5 percent.
ITT Tech is one of several for-profit higher education institutions that closed in recent years after state and federal investigations revealed deceptive marking tactics and the facilitation of predatory private student loans. In addition, the Attorney General’s Office has submitted a claim in ITT Tech’s pending bankruptcy regarding its illegal conduct surrounding student loans.
Former ITT Tech students interested in learning more about the ITT Tech bankruptcy case and a related class-action lawsuit for former students can visit the Harvard Law Center’s website.
This lawsuit is similar to others brought by state attorneys general against for-profit schools that target vulnerable students with predatory student loan practices. In January, Attorney General Ferguson secured more than $7 million in relief for students who fell victim to Career Education Corporation’s deceptive practices. Ferguson also has successfully defended Obama-era rules designed to protect students from predatory and deceptive practices by colleges, including for-profit institutions.
Ferguson also has recovered more than $1.5 million cracking down on debt adjustment companies that charge fees to help borrowers consolidate their federal student loans and enroll in income-driven repayment plans — tasks that borrowers’ loan servicers can and should help them with for free. More information on the office’s student loan work is available here.
To assist student loan borrowers in Washington, the Attorney General's Office has compiled a Student Loan Survival Guide.
Additionally, borrowers who need help understanding or resolving problems with their student loans should contact Washington’s Student Loan Advocate at loanadvocate@wsac.wa.gov.
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WORLD NEWS HEADLINES
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Ripple effect of sexual violence in conflict threatens ‘collective security’, stains ‘our common humanity’, says UN chief
Sexual violence in conflict is a “threat to our collective security” and a “stain on our common humanity”, United Nations Secretary-General António Guterres said in his message commemorating the International Day for the Elimination of Sexual Violence in Conflict, on Wednesday.
https://news.un.org/en/story/2019/06/1040811
Record displacement shows ‘we're almost unable to make peace’, warns UN refugee agency chief
A record 70.8 million people fled war, persecution and conflict in 2018, UN refugee agency chief Filippo Grandi said on Wednesday, appealing for greater international solidarity to counter the fact that “we have become almost unable to make peace”.
https://news.un.org/en/story/2019/06/1040761
Syria: Humanitarian disaster in Idlib ‘unfolding before our eyes’ says top UN relief official
Unabating violence, destruction and a downward sprial in overall conditions for the desperate people trapped in north-western Syria’s Idlib were in the spotlight as the United Nations Emergency Relief Coordinator told the Security Council on Tuesday that “we are faced with a humanitarian disaster unfolding before our eyes”.
https://news.un.org/en/story/2019/06/1040791
Hate speech ‘on notice’ as UN chief launches new plan to ‘identify, prevent and confront’ growing scourge
United Nations Secretary-General António Guterres has declared war on hate speech, telling Member States on Tuesday, that we all need to “do better at looking out for each other”.
https://news.un.org/en/story/2019/06/1040731
UN health agency steps up fight against ‘invisible pandemic’ of antimicrobial resistance
As resistance to antibiotics grows, the World Health Organization (WHO) has launched the latest stage of its campaign to fight this deadly health risk – likened by the agency to an “invisible pandemic”– with the launch of a new online tool for health professionals on Tuesday.
https://news.un.org/en/story/2019/06/1040741
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IN THIS WEEK'S EDITION
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PAGE 2
Cantwell Helps Secure Seattle as Homeport for Newest Polar Icebreakers
PAGE 3
MURRAY SUPPORTS FLYING THE "RAINBOW FLAG"
At US embassies
PAGE 4
House Passes First Appropriations Package with Key Kilmer-Backed Priorities Included.
PAGE 5
After Pressure from Cantwell, Trump Administration Relents on Closure of Job Corps Civilian Conservation Centers
PAGE 6
Senator Murray Introduces New Bipartisan Bill to Reduce Health Care Costs for Working Families in Washington State, Nationwide
PAGE 7
Cantwell, Colleagues Press Uber, Lyft for Information over Continued Use of Vehicles with Open Safety Recalls
PAGE 8
Inslee, health care leaders, patients kick off nation’s first public option effort
A new page for additional coverage, including local governmental meeting agendas
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