ðə sˈɛɾəlmənt ɹᵻkwˈaɪɚz bˈɜːkli tuː, ɐmˌʌŋ ˈʌðɚ θˈɪŋz, stˈɑːp kəlˈɛkʃən ˌɔn ˌɛni aʊtstˈændɪŋ dˈɛt ɪŋkˈɜːd bᵻfˌoːɹ dʒˈænjuːˌɛɹi wˈʌn, tˈuː θˈaʊzənd nˈaɪntiːn, wˌɪtʃ bˈɜːkli ˈɛstᵻməts ɪz vˈæljuːd æɾə tˈoʊɾəl ʌv dˈɑːlɚ twˈɛnti mˈɪliən; pˈeɪ dˈɑːlɚ θɹˈiːhˈʌndɹɪd fˈɪfti,zˈiəɹoʊzˈiəɹoʊ zˈiəɹoʊ tə ðə sˈɪɾi, wˌɪtʃ dˌiːsˌiːdˌʌbəljˌuːpˈiː plˈænz tə jˈuːz tə pˈeɪ ɹᵻstɪtˈuːʃən tə sˈɜːʔn̩ ˈɪmpæktᵻd kənsˈuːmɚz; ænd ɪnstɹˈʌkt ɪts θˈɜːdpˈɑːɹɾi dˈɛt kəlˈɛktɚz tə ɹᵻkwˈɛst ðæt kɹˈɛdɪt ɹᵻpˈoːɹɾɪŋ ˈeɪdʒənsiz ɹᵻmˈuːv ˈɔːl kənsˈuːmɚɹ ɐkˈaʊnt ˌɪnfɚmˈeɪʃən ɹᵻlˈeɪɾᵻd tə stˈuːdənt dˈɛt ˈoʊd tə bˈɜːkli ɪŋkˈɜːd bᵻfˌoːɹ dʒˈænjuːˌɛɹi wˈʌn, tˈuː θˈaʊzənd nˈaɪntiːn.
The settlement requires Berkeley to, among other things, stop collection on any outstanding debt incurred before January 1, 2019, which Berkeley estimates is valued at a total of $20 million; pay $350,000 to the City, which DCWP plans to use to pay restitution to certain impacted consumers; and instruct its third-party debt collectors to request that credit reporting agencies remove all consumer account information related to student debt owed to Berkeley incurred before January 1, 2019.