The Press Newspaper

Toledo, Ohio & Lake Erie

The Press Newspaper

The Press Newspaper

Life can be rewarding without a four-year college degree

No Bachelors, No ProblemThe single most difficult financial decision a teenager will make is whether to go to college or not.

The average cost for four years at a private college is $105,092; the cost to commute at a four-year public college is $28,080, according to College Board, an association of 5,700 colleges and universities.

The average young adult graduates with $19,000 in student loan debt and thousands in credit card debt, according to a 2008 Press report entitled Young, Educated and Broke. At the current fixed interest rate of 6.8 percent, a borrower would pay about $219 a month for 10 years.

Here’s two horror stories to consider before you, or your child, take the plunge into such debt.

Ryan, 31, a married father of two, owes $70,000 in student loans and collection fees. Because of bad luck, naivety, and a poor credit rating, he has a car payment of $450 a month at 15 percent interest. His creditors garnished his wages before he was laid off in January. Unless Ryan’s situation dramatically improves, he’ll eventually have his Social Security garnished.

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Search culminates in burglary arrest

Walbridge police have charged Jacob Hatfield, 15, the subject of an intensive search last week, with burglary, according to Paul Dobson, Wood County Prosecutor.

Three other teens face charges, including criminal trespassing and obstruction, Dobson said.

Walbridge Police Chief Walt Tylicki said Thursday his department was “looking into some leads” but referred questions to the prosecutor’s office.

Hatfield, of Haskins, O. and a student at Otsego High School, had attended a function for youths the evening of Dec. 6 at Main Street Church in Walbridge and was reported missing by his parents, Douglas and Rebecca Hatfield, after they arrived to pick him up.

By the next day volunteers and local police and fire department personnel were assembling at the church to begin a search.

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Construction of a 250,000-kilowatt solar panel array at the Pilkington North America site in Northwood is tentatively scheduled to start the second quarter of next year, according to the engineering firm overseeing the project.

A federal grant of $680,782 for the installation of the array was awarded through the state energy component of the American Recovery and Reinvestment Act (ARRA).

Kara Allison, Director of Government and Community Relations for Hull & Associates, said the firm is working with Pilkington to structure the project so it can be owned and operated by Hull or one of its affiliates.

Construction of the solar field should be completed by the third quarter of 2010, she said, adding it is intended to supply power to Pilkington’s research and development facility.

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Budget cuts have taken the bite out of Barney, Northwood’s crime-fighting

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police dog.

Like most communities across the country, the city is struggling with a deep recession that has not yet lost its grip. The city cut costs to balance its budget, including two full-time officers, and Barney, a six-and-a-half-year-old shepherd that was purchased with a homeland security grant six years ago.

“Due to budgetary cutbacks, we can’t afford him anymore,” said Police Chief Tom Cairl.

The news caught Barney’s handler, Patrolman Fred Genzman, by surprise.

“It was a shock. I can’t complain because people are losing their full-time jobs. But it’s still a shock. He’s got three, maybe four good years left in him,” said Genzman, who’s been on the force for eight years.

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Oregon City Council voted 6-0 with one abstention for Clint Wasserman to be council president during a reorganization meeting held before a committee of the whole meeting on Dec. 7.

Councilman Jerry Peach abstained from voting.

Councilman Terry Reeves nominated Wasserman, who was re-elected to a second term on Nov. 3. He was the top vote getter last month as well as in the Nov. 6 election of 2007.

Wasserman, a Democrat, replaces Councilman Mike Sheehy as president. Sheehy, who was re-elected Nov. 3, had been president of council for the last several years.

“First thing first, I want to thank Councilman Sheehy for mentoring me over the last couple of years, and his leadership as council president. It really taught me a lot taking me under your wing in my first term,” said Wasserman, 27, an attorney who lives at 1442 S. Coy Road.

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