<html xmlns:v="urn:schemas-microsoft-com:vml" xmlns:o="urn:schemas-microsoft-com:office:office" xmlns:w="urn:schemas-microsoft-com:office:word" xmlns:m="http://schemas.microsoft.com/office/2004/12/omml" xmlns="http://www.w3.org/TR/REC-html40">
<head>
<meta http-equiv="Content-Type" content="text/html; charset=utf-8">
<meta name="Generator" content="Microsoft Word 15 (filtered medium)">
<!--[if !mso]><style>v\:* {behavior:url(#default#VML);}
o\:* {behavior:url(#default#VML);}
w\:* {behavior:url(#default#VML);}
.shape {behavior:url(#default#VML);}
</style><![endif]--><style><!--
/* Font Definitions */
@font-face
{font-family:"Cambria Math";
panose-1:2 4 5 3 5 4 6 3 2 4;}
@font-face
{font-family:Calibri;
panose-1:2 15 5 2 2 2 4 3 2 4;}
@font-face
{font-family:"Franklin Gothic Book";
panose-1:2 11 5 3 2 1 2 2 2 4;}
@font-face
{font-family:"Franklin Gothic Medium";
panose-1:2 11 6 3 2 1 2 2 2 4;}
@font-face
{font-family:Tahoma;
panose-1:2 11 6 4 3 5 4 4 2 4;}
/* Style Definitions */
p.MsoNormal, li.MsoNormal, div.MsoNormal
{margin:0in;
margin-bottom:.0001pt;
font-size:12.0pt;
font-family:"Times New Roman",serif;}
a:link, span.MsoHyperlink
{mso-style-priority:99;
color:blue;
text-decoration:underline;}
a:visited, span.MsoHyperlinkFollowed
{mso-style-priority:99;
color:purple;
text-decoration:underline;}
p
{mso-style-priority:99;
mso-margin-top-alt:auto;
margin-right:0in;
mso-margin-bottom-alt:auto;
margin-left:0in;
font-size:12.0pt;
font-family:"Times New Roman",serif;}
p.msonormal0, li.msonormal0, div.msonormal0
{mso-style-name:msonormal;
mso-style-priority:99;
mso-margin-top-alt:auto;
margin-right:0in;
mso-margin-bottom-alt:auto;
margin-left:0in;
font-size:12.0pt;
font-family:"Times New Roman",serif;}
span.EmailStyle19
{mso-style-type:personal;
font-family:"Calibri",sans-serif;
color:#1F497D;}
span.EmailStyle20
{mso-style-type:personal;
font-family:"Calibri",sans-serif;
color:#1F497D;}
span.EmailStyle22
{mso-style-type:personal-reply;
font-family:"Calibri",sans-serif;
color:#1F497D;}
.MsoChpDefault
{mso-style-type:export-only;
font-size:10.0pt;}
@page WordSection1
{size:8.5in 11.0in;
margin:1.0in 1.0in 1.0in 1.0in;}
div.WordSection1
{page:WordSection1;}
--></style><!--[if gte mso 9]><xml>
<o:shapedefaults v:ext="edit" spidmax="1027" />
</xml><![endif]--><!--[if gte mso 9]><xml>
<o:shapelayout v:ext="edit">
<o:idmap v:ext="edit" data="1" />
</o:shapelayout></xml><![endif]-->
</head>
<body lang="EN-US" link="blue" vlink="purple">
<div class="WordSection1">
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D">Colleagues: another federal update, below, this one on student loans. Ha is sending to FAC as well.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D"><o:p> </o:p></span></p>
<div>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D"> <img width="77" height="53" style="width:.8055in;height:.5555in" id="Picture_x0020_3" src="cid:image004.jpg@01D67AB6.31C096F0" alt="Joe"><o:p></o:p></span></p>
<table class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse">
<tbody>
<tr style="height:26.5pt">
<td width="99" rowspan="5" valign="top" style="width:55.8pt;padding:0in 5.4pt 0in 5.4pt;height:26.5pt">
<p class="MsoNormal"><!--[if gte vml 1]><v:shapetype id="_x0000_t75" coordsize="21600,21600" o:spt="75" o:preferrelative="t" path="m@4@5l@4@11@9@11@9@5xe" filled="f" stroked="f">
<v:stroke joinstyle="miter" />
<v:formulas>
<v:f eqn="if lineDrawn pixelLineWidth 0" />
<v:f eqn="sum @0 1 0" />
<v:f eqn="sum 0 0 @1" />
<v:f eqn="prod @2 1 2" />
<v:f eqn="prod @3 21600 pixelWidth" />
<v:f eqn="prod @3 21600 pixelHeight" />
<v:f eqn="sum @0 0 1" />
<v:f eqn="prod @6 1 2" />
<v:f eqn="prod @7 21600 pixelWidth" />
<v:f eqn="sum @8 21600 0" />
<v:f eqn="prod @7 21600 pixelHeight" />
<v:f eqn="sum @10 21600 0" />
</v:formulas>
<v:path o:extrusionok="f" gradientshapeok="t" o:connecttype="rect" />
<o:lock v:ext="edit" aspectratio="t" />
</v:shapetype><v:shape id="Picture_x0020_4" o:spid="_x0000_s1026" type="#_x0000_t75" alt="Compass" style='position:absolute;margin-left:-4.25pt;margin-top:3.6pt;width:45pt;height:84.25pt;z-index:251659264;visibility:visible;mso-wrap-style:square;mso-width-percent:0;mso-height-percent:0;mso-wrap-distance-left:9pt;mso-wrap-distance-top:0;mso-wrap-distance-right:9pt;mso-wrap-distance-bottom:0;mso-position-horizontal:absolute;mso-position-horizontal-relative:text;mso-position-vertical:absolute;mso-position-vertical-relative:text;mso-width-percent:0;mso-height-percent:0;mso-width-relative:page;mso-height-relative:page'>
<v:imagedata src="cid:image002.jpg@01D67AB6.31B943F0" o:title="Compass" />
<w:wrap type="square"/>
</v:shape><![endif]--><![if !vml]><img width="60" height="112" style="width:.625in;height:1.1666in" src="cid:image005.jpg@01D67AB6.31C096F0" align="left" hspace="12" alt="Compass" v:shapes="Picture_x0020_4"><![endif]><span style="font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D"><o:p></o:p></span></p>
</td>
<td width="373" valign="bottom" style="width:411.7pt;padding:0in 5.4pt 0in 5.4pt;height:26.5pt">
<p class="MsoNormal" style="mso-line-height-alt:10.55pt;text-autospace:none"><span style="font-family:"Franklin Gothic Medium",sans-serif;color:#003764">Joe Holliday<o:p></o:p></span></p>
</td>
</tr>
<tr>
<td width="373" valign="top" style="width:411.7pt;padding:0in 5.4pt 0in 5.4pt">
<p class="MsoNormal" style="line-height:10.55pt;text-autospace:none"><span style="font-size:10.0pt;font-family:"Franklin Gothic Medium",sans-serif;color:#003764">Director, Student Services<o:p></o:p></span></p>
</td>
</tr>
<tr>
<td width="373" valign="top" style="width:411.7pt;padding:0in 5.4pt 0in 5.4pt">
<p class="MsoNormal" style="line-height:10.55pt;text-autospace:none"><span style="font-size:10.0pt;font-family:"Franklin Gothic Book",sans-serif;color:#003764">Washington State Board for Community and Technical Colleges<o:p></o:p></span></p>
</td>
</tr>
<tr>
<td width="373" valign="top" style="width:411.7pt;padding:0in 5.4pt 0in 5.4pt">
<p class="MsoNormal" style="line-height:10.55pt;text-autospace:none"><span style="font-size:10.0pt;font-family:"Franklin Gothic Book",sans-serif;color:#1F497D"><a href="mailto:jholliday@sbctc.edu"><span style="color:#0563C1">jholliday@sbctc.edu</span></a></span><span style="font-size:10.0pt;font-family:"Franklin Gothic Book",sans-serif;color:#003764">•
o: 360-704-4334 • f: 360-704-4418</span><span style="font-family:"Franklin Gothic Book",sans-serif;color:#1F497D"><o:p></o:p></span></p>
</td>
</tr>
<tr style="height:27.4pt">
<td width="373" valign="top" style="width:411.7pt;padding:0in 5.4pt 0in 5.4pt;height:27.4pt">
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D"><a href="https://www.sbctc.edu/"><span style="font-size:10.0pt;font-family:"Franklin Gothic Book",sans-serif">sbctc.edu</span></a></span><span style="font-size:10.0pt;font-family:"Franklin Gothic Book",sans-serif;color:#003561">
</span><span style="font-size:10.0pt;font-family:"Franklin Gothic Book",sans-serif;color:#003764">• Twitter:
</span><span style="font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D"><a href="https://twitter.com/SBCTCWashington"><span style="font-size:10.0pt;font-family:"Franklin Gothic Book",sans-serif">@SBCTCWashington</span></a></span><span style="font-size:10.0pt;font-family:"Franklin Gothic Book",sans-serif;color:#003764">
• Facebook: </span><span style="font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D"><a href="https://www.facebook.com/wasbctc/"><span style="font-size:10.0pt;font-family:"Franklin Gothic Book",sans-serif">@WASBCTC</span></a><o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D"><o:p> </o:p></span></p>
<p class="MsoNormal"><i><span style="font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F3864">SBCTC Vision:<o:p></o:p></span></i></p>
<p class="MsoNormal"><i><span style="font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F3864"><o:p> </o:p></span></i></p>
<p class="MsoNormal"><i><span style="font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F3864">“Leading with racial equity, our colleges maximize student potential and transform lives within a culture of belonging that advances racial, social, and economic
justice in service to our diverse communities.” <o:p></o:p></span></i></p>
</td>
</tr>
</tbody>
</table>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D"><o:p> </o:p></span></p>
</div>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D"><o:p> </o:p></span></p>
<div>
<div style="border:none;border-top:solid #E1E1E1 1.0pt;padding:3.0pt 0in 0in 0in">
<p class="MsoNormal"><b><span style="font-size:11.0pt;font-family:"Calibri",sans-serif">From:</span></b><span style="font-size:11.0pt;font-family:"Calibri",sans-serif"> Jan Yoshiwara <jyoshiwara@sbctc.edu>
<br>
<b>Sent:</b> Friday, August 21, 2020 5:33 PM<br>
<b>To:</b> Ha Nguyen <hnguyen@sbctc.edu>; Joe Holliday <jholliday@sbctc.edu><br>
<b>Subject:</b> Fwd: FYI: DeVos readies student loan relief under Trump's executive action<o:p></o:p></span></p>
</div>
</div>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal" style="margin-bottom:12.0pt"><o:p> </o:p></p>
<div>
<p class="MsoNormal">Sent from my iPad<o:p></o:p></p>
</div>
<div>
<p class="MsoNormal" style="margin-bottom:12.0pt"><br>
Begin forwarded message:<o:p></o:p></p>
</div>
<div>
<p class="MsoNormal" style="margin-bottom:12.0pt"><b>From:</b> "Wilson, Morgan (GOV)" <<a href="mailto:Morgan.Wilson@gov.wa.gov">Morgan.Wilson@gov.wa.gov</a>><br>
<b>Date:</b> August 21, 2020 at 3:39:00 PM PDT<br>
<b>To:</b> "Aultman, John (GOV)" <<a href="mailto:john.aultman@gov.wa.gov">john.aultman@gov.wa.gov</a>>, "Kenna-Schenk, Becca" <<a href="mailto:becca.kenna-schenk@wwu.edu">becca.kenna-schenk@wwu.edu</a>>, "Bennett, Don (WSAC)" <<a href="mailto:DonB@wsac.wa.gov">DonB@wsac.wa.gov</a>>,
"Boggs, Breann (OFM)" <<a href="mailto:breann.boggs@ofm.wa.gov">breann.boggs@ofm.wa.gov</a>>, "Davis, RaShelle (GOV)" <<a href="mailto:rashelle.davis@gov.wa.gov">rashelle.davis@gov.wa.gov</a>>, "Glynda Becker (WSU)" <<a href="mailto:glynda.becker@wsu.edu">glynda.becker@wsu.edu</a>>,
Arlen Harris <<a href="mailto:aharris@sbctc.edu">aharris@sbctc.edu</a>>, "Hollimon, Cynthia (OFM)" <<a href="mailto:cynthia.hollimon@ofm.wa.gov">cynthia.hollimon@ofm.wa.gov</a>>, Jon Kerr <<a href="mailto:jkerr@sbctc.edu">jkerr@sbctc.edu</a>>, "Brown, Kristina"
<<a href="mailto:kristina.brown@ltgov.wa.gov">kristina.brown@ltgov.wa.gov</a>>, "Meotti, Michael (WSAC)" <<a href="mailto:MichaelM@wsac.wa.gov">MichaelM@wsac.wa.gov</a>>, "Miller, Michaela" <<a href="mailto:michaela.miller@k12.wa.us">michaela.miller@k12.wa.us</a>>,
"Papadakis, Eleni (WTB)" <<a href="mailto:eleni.papadakis@wtb.wa.gov">eleni.papadakis@wtb.wa.gov</a>>, "Francis, Paul" <<a href="mailto:pfrancis@councilofpresidents.org">pfrancis@councilofpresidents.org</a>>, "Sarah Castro (UW)" <<a href="mailto:smcastro@uw.edu">smcastro@uw.edu</a>>,
"Sharpe, Rachelle (WSAC)" <<a href="mailto:RachelleS@wsac.wa.gov">RachelleS@wsac.wa.gov</a>>, "Standish-Kuon, Terri" <<a href="mailto:terri@icwashington.org">terri@icwashington.org</a>>, "Thompson, Becky (WSAC)" <<a href="mailto:BeckyT@wsac.wa.gov">BeckyT@wsac.wa.gov</a>>,
"Thompson, Maddy (GOV)" <<a href="mailto:maddy.thompson@gov.wa.gov">maddy.thompson@gov.wa.gov</a>>, William Durden <<a href="mailto:wdurden@sbctc.edu">wdurden@sbctc.edu</a>>, Jan Yoshiwara <<a href="mailto:jyoshiwara@sbctc.edu">jyoshiwara@sbctc.edu</a>><br>
<b>Cc:</b> "Katims, Casey (GOV)" <<a href="mailto:casey.katims@gov.wa.gov">casey.katims@gov.wa.gov</a>>, "Potter, Geoff (GOV)" <<a href="mailto:Geoff.Potter@gov.wa.gov">Geoff.Potter@gov.wa.gov</a>><br>
<b>Subject:</b> <b>FYI: DeVos readies student loan relief under Trump's executive action</b><o:p></o:p></p>
</div>
<div>
<p class="MsoNormal"><span style="font-family:"Tahoma",sans-serif"></span> <o:p>
</o:p></p>
<p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D">FYI</span><o:p></o:p></p>
<p class="MsoNormal"> <o:p></o:p></p>
<div>
<p class="MsoNormal" style="line-height:0%"><span style="font-size:1.0pt"><img src="https://s3.amazonaws.com/msv5/images/spacer.gif" width="1" height="1" alt="Web Bug from https://click.politicoemail.com/open.aspx?ffcb10-fe8e1c777760057a71-fdf111797c660078761d7075-fe9115737262077c7c-fecb11757666007c-fe201c7372640675721c74-ff061174756404" /></span><o:p></o:p></p>
</div>
<table class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" width="100%" style="width:100.0%;min-width: 100%">
<tbody>
<tr>
<td style="padding:0in 0in 0in 0in">
<p><strong><u>DeVos readies student loan relief under Trump's executive action</u></strong><o:p></o:p></p>
<p>By Michael Stratford<o:p></o:p></p>
<p>08/21/2020 05:47 PM EDT<o:p></o:p></p>
<p>Education Secretary Betsy DeVos is moving to carry out President Donald Trump’s order to pause student loan payments for tens of millions of Americans through year's end.
<o:p></o:p></p>
<p>The secretary announced Friday that borrowers would see the benefits reflect on their accounts within the “next several weeks" and offered clarity on how the Education Department will handle the
<a href="https://www.politico.com/news/2020/08/08/trump-extends-student-loan-relief-through-years-end-392724?source=email" target="_blank">
executive action the president took</a> earlier this month. <o:p></o:p></p>
<p>Trump announced almost two weeks ago that he was unilaterally providing student loan relief under a package of executive actions as cross-party negotiations over additional coronavirus aid fell apart. But the president's
<a href="https://www.govinfo.gov/content/pkg/FR-2020-08-13/pdf/2020-17897.pdf?source=email" target="_blank">
Aug. 8 memorandum</a> on student loans did not stipulate how the program would work, nor dictate how the Education Department would execute the order.
<o:p></o:p></p>
<p>The department will take a relatively broad interpretation of Trump’s directive, effectively extending the student loan benefits provided under the CARES Act, H.R. 748 (116), until the end of the year. That relief was set to expire on Sept. 30,
<a href="https://www.politico.com/news/2020/07/24/student-loan-cliff-381373?source=email" target="_blank">
just weeks before the presidential election</a>. <o:p></o:p></p>
<p>DeVos' department said it plans to continue the automatic suspension of monthly payments on all federally held student loans and will keep the interest rate on those loans set to zero through Dec. 31. Borrowers will have the option to make payments if they
choose, and the suspended payments will continue to count toward a borrower's progress in the Public Service Loan Forgiveness program, as well as other federal loan forgiveness programs.<o:p></o:p></p>
<p>Department officials also plan to extend the CARES Act’s pause on collecting defaulted federal student loans until the end of the year. They will not seek to seize wages, tax refunds or Social Security benefits of people who are in default on their federally
held student loans. <o:p></o:p></p>
<p>Department officials wrote in their statement on Friday that “any borrower with defaulted federally held loans whose employer continues to garnish their wages will receive a refund of those garnishments” during the extended relief period.
<o:p></o:p></p>
<p>The Education Department has previously been <a href="https://www.politico.com/news/2020/05/01/devos-sued-for-seizing-student-loan-borrowers-wages-during-pandemic-228519?source=email" target="_blank">
sued over its inability to fully stop garnishing the wages</a> of thousands of borrowers during the pandemic. Officials have blamed employers for continuing to garnish wages in spite of the department’s directive to stop doing so.
<o:p></o:p></p>
<p>Trump’s student loan relief will apply to roughly 40 million federal student loan borrowers. But as many as 9 million borrowers will continue to be excluded from the relief because the CARES Act and Trump’s executive action does not apply to federally backed
student loans that are held by private lenders or their college. <o:p></o:p></p>
<p>Both Republicans and Democrats in Congress have said they want to expand the relief to all types of federal student loans. But the issue has been caught up in stalled negotiations over the next coronavirus relief package.
<o:p></o:p></p>
<p>While critics have questioned the legality and benefits of Trump’s other executive actions to extend unemployment payments and defer payroll taxes, the effect of the student loan policy is more clear cut as it moves ahead at the Education Department.
<o:p></o:p></p>
<p>“Thanks to President Trump’s leadership, students can continue their education and borrowers can enjoy relief from some of the financial stress many may be facing due to the coronavirus pandemic,” DeVos said in a statement Friday. "We want everyone to be
focused on a safe return to full-time learning. The President and I will continue to support the success of all students."<o:p></o:p></p>
<p>DeVos' department said it would be working with the loan servicing companies it hires, to notify borrowers about the extension of student loan relief. The department did not immediately provide a copy of the instructions it had sent to its loan servicers.
<o:p></o:p></p>
<p>Back in March, Trump initially <a href="https://www.politico.com/news/2020/03/13/trump-administration-student-loan-payments-suspension-128181?source=email" target="_blank">
moved to use executive action to suspend interest</a> on most federal student loans as the country first began locking down. DeVos also used her own powers to order
<a href="https://www.politico.com/news/2020/03/24/exclusive-devos-halts-collection-of-defaulted-federal-student-loans-146929?source=email" target="_blank">
a temporary halt to the collection of defaulted federal loans </a>. Congress soon codified those benefits into the CARES Act and also went a step further in suspending most monthly student loan payments for roughly six months.<o:p></o:p></p>
</td>
</tr>
</tbody>
</table>
<p class="MsoNormal"> <o:p></o:p></p>
</div>
</div>
</body>
</html>