One drowned, one rescued, on an ill-advised fishing trip

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Apr 182016
Three Rocks rescue by North Lincoln Fire Google Maps image

Salmon River rescue by North Lincoln Fire-Rescue
Google Maps image

Two people motored out the mouth of the Salmon River this morning. Only one of them survived the trip.

According to reports from the scene two adults in a small, 14 foot aluminum boat ventured out into 8 to 12 foot swells. Such a small boat is no match for such high waves. A set of big waves shoved them up against rocks near the mouth of the river. The impact split the boat, tossing 68 year old James E. Thompson, of Lincoln City, into the cold waters – the other occupant, a 45 year old woman, Elaine Harskjold of Lincoln City scrambled onto one of the rocks.

Reports from the scene indicated that North Lincoln Fire jet ski rescuers found Thompson unresponsive in the water. They raced him to shore where paramedics tried to revive him. Thompson was later pronounced deceased. Meanwhile, a Coast Guard helo hoisted Harskjold off the rocks and flew her to North Lincoln Hospital in Lincoln City where she was treated for minor injuries and then later released.

In a darkly ironic twist, Thompson’s older brother, Gary Thompson, drowned in a similar type accident near the same rocks nearly 30 years ago.


Reports say a boat split open near the mouth of Salmon River. North Lincoln Fire has launched rescuers on jet skis – now enroute to the accident scene. Victims in the water.

Report say one victim has been loaded aboard a jet ski – enroute to an ambulance. Victim is said to be unresponsive. Another victim is marooned on some rocks. He’s wearing a life-jacket. Unknown if there is anyone else in the water.

Coast Guard helo is overhead assessing the situation.

First victim is now on shore being assessed by paramedics.

Rescuers pretty sure there were only two victims.

Coast Guard helo has lifted the second victim off the rocks and is now enroute to North Lincoln Hospital to be checked out.

 Posted by at 10:10 AM

What’s New in the World of Higher Education? – Duane J. Silbernagel

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Apr 182016

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Duane Silberman Waddell & Reed

Duane Silberman
Waddell & Reed

What’s New in the World of Higher Education?
Provided By: Duane J. Silbernagel

If you’re a parent or grandparent of a college student or soon-to-be college student, you might be interested to learn what’s new in the world of higher education.

Higher college costs

Total average costs for the 2015/2016 school year increased about 3% from the previous year: $24,061 for public colleges (in-state), $38,855 for public colleges (out-of-state), and $47,831 for private colleges.

Total average costs include direct billed costs for tuition, fees, room, and board; and indirect costs for books, transportation, and personal expenses. Together, these items are officially referred to as the “total cost of attendance.” Note that the cost figure for private colleges cited by the College Board is an average; many private colleges cost substantially more—over $60,000 per year.

Higher student debt

Seven in 10 college seniors who graduated in 2014 (the most recent year for which figures are available) had student loan debt, and the average amount was $28,950 per borrower. It’s likely this amount will be higher for the classes of 2015 and 2016.

Student loan debt is the only type of consumer debt that has grown since the peak of consumer debt in 2008: balances have eclipsed both auto loans and credit cards, making student loan debt the largest category of consumer debt after mortgages. As of September 2015, total outstanding student loan debt was over $1.2 trillion.

Reduced asset protection allowance

Behind the scenes, a stealth change in the federal government’s formula for determining financial aid eligibility has been quietly (and negatively) impacting families everywhere. You may not have heard of the asset protection allowance before. But this figure, which allows parents to shield a certain amount of their nonretirement assets from the federal aid formula, has been steadily declining for years, resulting in higher expected family contributions for families. For the 2012/2013 year, the asset protection allowance for a 47-year-old married parent was $43,400. Today, for the 2016/2017 year, that
$1,415 decrease in a student’s aid eligibility ($25,100 x 5.64%, the federal contribution percentage required from parent assets).

New FAFSA timeline

Screen Shot 2016-04-18 at 9.28.13 AM
Beginning with the 2017/2018 school year, families will be able to file the government’s financial aid application, the FAFSA, as early as October 1, 2016, rather than having to wait until after January 1,
change is to better align the financial aid and college admission timelines and to provide families with information about aid eligibility earlier in the process.

One result of the earlier timeline is that your 2015 federal income tax return will do double duty as a reference point for your child’s federal aid eligibility–it will be the basis for the FAFSA for both the 2016/2017 and 2017/2018 years.

American Opportunity Tax Credit now permanent

The American Opportunity Tax Credit was made permanent by the Protecting Americans from Tax Hikes Act of 2015. It is a partially refundable tax credit (meaning you may be able to get some of the credit even if you don’t owe any tax) worth up to $2,500 per year for qualified tuition and related expenses paid during your child’s first four years of college. To qualify for the full credit, single filers must have a modified adjusted gross income (MAGI) of $80,000 or less, and joint filers must have a MAGI of $160,000 or less. A partial credit is available for single filers with a MAGI over $80,000 but less than $90,000, and for joint filers with a MAGI over $160,000 but less than $180,000.

New REPAYE plan for federal loans

The pool of borrowers eligible for the government’s Pay As You Earn (PAYE) plan for student loans has been expanded as of December 2015. The new plan, called REPAYE (Revised Pay As You Earn), is available to all
borrowers with federal Direct Loans, regardless of when the loans were obtained (the original PAYE plan is available only to borrowers who took out loans after 2007).

Under REPAYE, monthly student loan payments are capped at 10% of a borrower’s discretionary income, with any remaining debt forgiven after 20 years of on-time payments for undergraduate loans and 25 years of on-time payments for graduate loans. To learn more about REPAYE or income-driven repayment options in general, visit the federal student aid website at

Note: Tools for students
The Department of Education and the Consumer Financial Protection Bureau have launched the “Know Before You Owe” campaign, which includes a standard financial aid award letter for colleges to use so that students can better understand the type and amount of aid they qualify for and more easily compare aid packages from different colleges. In addition, to help students search for and select suitable colleges, the Department has launched its College Scorecard online tool at
1 College Board, Trends in College Pricing 2015
2 The Institute for College Access and Success, Student Debt and the Class of 2014, October 2015
3 Federal Reserve Bank of New York, Quarterly Report on Household Debt and Credit, November 2015

I hope you found this beneficial and informational. For more information about me and my services, visit my website:
Thank you for your interest.

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 Posted by at 9:33 AM

Weekly Lincoln County Real Estate Report – Tammy Gagne, Broker

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Apr 172016
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Weekly Market Report
Data provided by Lincoln County Board of Realtors
Prepared by Tammy Gagne – Advantage Real Estate
4/10/2016 to 4/17/2016

FOR SALE                                               947
SALES PENDING                                  219
SOLD – April 10 to April 17                    18
2016 YEAR TO DATE SOLD                303
2015 YEAR TO DATE SOLD                270
FOR SALE                                              672
SALES PENDING                                    33
SOLD – April 10 to April 17                    0
2016 YEAR TO DATE SOLD                 49
2015 YEAR TO DATE SOLD                 62

30YR FIXED – 3.625%
FHA/VA – 3.25%
15 YEAR FIXED – 2.875% – 3.00%
5 YEAR ARMS – 2.75% – 3.25% depending on the lender

Average sold price of residential homes is $266,768. Average days on the market to sell is 180 days. Home sales continue to be very strong especially for homes up to $250,000. Sales pending in lots and land is picking up.
Tammy Gagne is a licensed Realtor in the State of Oregon License #870600040

 Posted by at 4:34 PM

Child in the water in front of Surftides resort

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Apr 172016

Report of a child in the surf in front of the Surftides Resort. United States Coast Guard has been notified. No further information was immediately available.

Child is out of the surf. North Lincoln Fire, Pacific West Ambulance, and Lincoln City Police are still rushing to the scene, as the caller to 9-1-1 isn’t sure of the condition of the child.

All responding units told to turn around and head for home. There are enough medical personnel on scene.

 Posted by at 4:11 PM

Newport: Vessel in distress 1 mile off shore from the bridge

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Apr 172016

Two people on a 19 foot green boat have called in to 911 to report that they are “going in the water” about 1 mile offshore from the Yaquina Bay Bridge. The phone connection dropped immediately after. US Coast Guard has been notified.

Coast Guard helicopter is coming from USCG North Bend station.

Reports state that the two people are out of the water and being taken to the USCG station in Newport to be evaluated by fire and medical personnel.

No medical treatment needed for either person. Fire and medics returning to their stations.

 Posted by at 12:38 PM

County search and rescue continuing search for missing Depoe Bay woman

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Apr 172016

Katy-Roe-portraitLincoln County Search and Rescue teams are combing the Depoe Bay area looking for 22 year old Katy Roe. She was last seen at the Wing Wa Restaurant & Lounge around 2 this morning. She is described as 4′-9″, around 90 pounds, with blue eyes and long brown hair, last seen wearing black pants, a button-down shirt, and a black trench coat.

If you see someone matching the description above, you should call the Lincoln County non-emergency dispatch number at 541-265-4231 and let them know about it.

8 search and rescue teams are still working in the now 80°F weather trying to find Roe.

 Posted by at 12:14 PM