11 Burst results for "Jan Miller"

Ohio governor signs new congressional district map into law

AP News Radio

00:54 sec | 6 months ago

Ohio governor signs new congressional district map into law

"Republican Ohio governor Mike DeWine signed into law a new map of congressional districts that will be in effect for the next four years the wind said in a statement the Senate legislation he signed makes the most progress to produce a fair compact and competitive map the measure cleared the state legislature along party lines after breakneck sprint through both chambers this week under this year's U. S. census results Ohio lost one seat in Congress starting next year the new law creates at most three safe democratic districts out of fifteen U. S. house seats in a state where voters are split roughly fifty four percent Republican and forty six percent democratic the counties that are home to Cleveland and Cincinnati were divided three ways each one district that includes the western Cleveland suburbs now stretches to the Indiana border three hours away the Princeton gerrymandering project gave the map an F. grade Jan Miller with the league of women voters in Ohio said leaders had trampled the state's constitution rather than purely represent a highlands I'm Jennifer king

Mike Dewine Ohio U. S. House Senate Legislature Cleveland Congress Jan Miller Cincinnati Princeton Indiana League Of Women Voters Jennifer King
"jan miller" Discussed on WDUN AM550

WDUN AM550

02:04 min | 11 months ago

"jan miller" Discussed on WDUN AM550

"Yeah, Awkward was the most obvious in our area. But, yes, yes, That's all I have to. That's all I have to do, because you guys had to change letterhead, so that's something more complicated business cards. Should be the party next week. You have a good weekend. Andy High 26 minutes after seven at Wdun Let us celebrate some birthdays For today. Birthdays brought you in part by chicken salad chick. So who's on the list For today? As we have policy, the 24th of June Natalie Graham celebrates with Lucy Holcomb. Lynn Bryson is on the list. Jan Miller. Tommy Jamison, celebrating along with Gabby Jones and Elaine Dixon. So happy birthday one and all make sure that's all of them. Yes, I believe that is all the birthday celebrant sport today. I'm just taking a quick sweep back through making sure on my social media and elsewhere that, uh, we can get that Mm Alright, There we go. Okay, so birthday winner forward today going to receive that great food from our friends at El Petrone is Jan Miller. So congratulations Jan and enjoy the item ups. Have a good time with that now as far as other things that are going on for birthday celebrations for today, Let's take a look at that. Mick Fleetwood of Fleetwood Mac celebrating Birthday number 74 today. And as far as things that happened is date way back when let's go back 74 years ago, 1947 search and rescue pilot Kenneth Arnold of Boise, Idaho, said he spotted nine unidentified flying objects over Mount Rainier Washington, He described their light pattern is similar to a saucer skipping across water. The newspaper reporters use the words flying saucer. For the very first time, and it was just a 27 years ago in 1994. The Lion King released earning Elton John Oscar for best song for Can You Feel The Love Tonight? And it was the first movie that my daughter ever saw at a theater. It was a great moment. It really was 28 minutes after seven checking that forecast for today, not bad Summerlee clouds but we've gotta partly sunny day on tap Today. East winds gusting to 15 Hi, I'm 80 make it a great day.

Elaine Dixon Lynn Bryson Gabby Jones Jan Miller Tommy Jamison Mick Fleetwood Lucy Holcomb Can You Feel The Love Tonight Kenneth Arnold Natalie Graham Elton John next week 1994 Today 1947 24th of June Fleetwood Mac Mount Rainier Washington El Petrone Andy High
"jan miller" Discussed on 860AM The Answer

860AM The Answer

02:08 min | 1 year ago

"jan miller" Discussed on 860AM The Answer

"Sponsored by Ed Water Productions. Radio radio closed and this night David, please to hear again Radio. Once again it's time for yesteryear. A look back at your favorite dramas, Westerns, comedies and musical variety shows from the Golden Age of Radio. Here's Your Host for yesteryear. Craig Roberts. Well, thank you, Dave and welcome once again to yesteryear. The best of the golden Age of radio on Today's program, A really treat for fans of Detective attorney mysteries is coming up on this edition of yesteryear. It's Perry Mason Perry Mason came to CBS in October of 1943 in a script written especially for radio by Erle Stanley Gardner hasten trot heavily in the footsteps of Mr District Attorney, which ran in a primetime afternoon slot for Procter and Gamble. Bartlett Robinson played Mason when the Siri's Open. Subsequent actors included Santos Ortega and Donald Briggs, all featured as Perry Mason. In 1949. John Larkin was giving a short tempered interpretation of the gardener Hero. Della was originated by Gertrude Warner, and was subsequently replaced by Jan Miller and Joan Alexander. The Siri's ran until 1955 carried all the way on CBS for Procter and.

"jan miller" Discussed on 860AM The Answer

860AM The Answer

04:09 min | 2 years ago

"jan miller" Discussed on 860AM The Answer

"And take mad harmony all the way to nationals this year sorry D. recipients of the insurance company and affiliates pricing coverage much limited by state law news information reassurance eight sixty AM the answer San Francisco and radio dot com the service of Salem media group now at age sixty AM the answer dot com and radio dot com portions of the following program may be transcribed sponsored by Edgewater productions once again it's time for yester year a look back at your favorite dramas westerns comedies and musical variety shows from the golden age of radio here's your host for yester years Craig Roberts well thank you David and welcome once again to yester years the best of the golden age of radio on today's program a real treat for fans of detective attorney mystery is coming up on this edition of yester year it's Perry Mason Perry Mason came to CBS in October of nineteen forty three in a script written especially for radio by Erle Stanley Gardner's basin trod heavily in the footsteps of Mr district attorney which ran a prime time afternoon slot for Procter and gamble Robinson played Mason when the series open subsequent actors included Santos Ortega and Donald Briggs all featured as Perry Mason in nineteen forty nine John Larkin was giving short tempered interpretation of the gardener hero della was originated by Gertrude Warner and was subsequently replaced by Jan Miller and John Alexander the series ran until nineteen fifty five read all the way on CBS for Procter and gamble course we're all aware of the popularity of the series on television but here on yesteryear a look back to the roots of Perry Mason on radio we've got four full chapters for you coming up next so don't touch that dial it's the best of the golden age of radio right here on yesterday was sent I'm.

"jan miller" Discussed on KQED Radio

KQED Radio

05:39 min | 2 years ago

"jan miller" Discussed on KQED Radio

"His KQ weedy San Francisco and kick you we I north highland Sacramento the time now is eleven o'clock from KQED public radio this is form I'm Scott Shafer in today for Michael Krasny coming up this hour the house overwhelmingly passed a deal struck by speaker Nancy Pelosi and the white house and the Senate will be taking it up this week it offers paid sick leave unemployment insurance free testing for corona virus money for food stamps and more analyze the federal response to the corona virus crisis and how the pandemic was discussed in last night's democratic debate in a ten thirty social responsibility in this moment of social distancing why were so many bars packed Friday and Saturday night in spite of dire health warnings we'll get started with form right after this news live from NPR news in Washington I'm Shea Stevens the government's latest guidelines on the corona virus pandemic is urging Americans to avoid groups of more than ten people for at least fifteen days Dr Deborah Berke said the White House coronavirus task force says that older people should stay at home and away from young people who may be carriers of the disease to our older population or those with pre existing medical conditions everyone in the household needs to focus on protecting them everyone in the household Dr Burke's advisors entire families to self quarantine if at least one member is diagnosed with corona virus Ohio's presidential primaries are being postponed from Tuesday two June second because of worries about the disease has Ohio public radio's Andy trial reports the public health order was issued hours after a judge refused a request to delay the voting the order in Ohio extends voting by mail for a few months and allows in person voting on June second governor Mike DeWine said this protects public health without taking away a person's constitutional right to vote Jan Miller director of the league of women voters for Ohio called it a necessary step in the process highly problematic but we have to remember that this is an unprecedented situation and the Ohio law does not contemplate how to deal with elections during a pandemic critics have hinted at possible legal action claiming to wind administration is overstepping its authority for NPR news I'm into Chow in Columbus Arizona Florida and Illinois still plan to hold their primaries on Tuesday and nearly a week after Washington state's democratic contest the Associated Press is projecting former vice president Joe Biden is the winner the European Union is proposing to close its borders for the next thirty days to slow the spread of corona virus NPR's Eleanor Beardsley reports that U. leaders say they have to reduce the huge pressure on their healthcare systems the twenty seven member nations are expected to approve the measure in an emergency meeting Tuesday E. U. commission president Ursula von der Leyen said slowing people and travel will help slow the virus but the E. U. wants to ensure that essential goods continue to pass quickly we propose so called green lanes false claims to give priority to essential transport like medical goods perishable goods and emergency services Europe is now the center of the corona virus a number of the E. U. countries have already closed their borders within the block Germany has shut down non essential travel with five countries Eleanor Beardsley NPR news Paris monies in stock market shares are mixed down a fraction Shanghai U. S. futures are up more than three percent following wall street's worst day in over three decades and stock trading has been halted in the Philippines after the government imposed restrictions on movement within the capital this is NPR news California is adding hospital beds and re opening medical facilities that have been shattered to deal with corona virus and San Francisco area six counties are ordered to shelter in place for three weeks New York City officials are racing to add more than eight thousand hospital beds and all public schools across New York state will be closed for at least two weeks effective Tuesday the Pentagon says its ending a program to fund social science research as NPR's Geoff Brumfiel reports as part of an overall shift in strategy during the long wars in Iraq and Afghanistan the Pentagon was out to win hearts and minds and that's why it started the manure for research initiative the idea was to award grants to social scientists psychologists and anthropologists said they would study things like terrorist networks in counterinsurgency operations over the years Minerva broadened its focus to other topics Russian disinformation strengthening western alliances but now the defense department is ending the program in order to focus on other priorities like developing high tech weapons to counter Russia and China critics say the decision to kill the program because the Pentagon to lose valuable independent scientific advice Geoff Brumfiel NPR news Washington the Senate has agreed to extend a set of government surveillance tools for about two and a half months the temporary extension gives lawmakers time to consider amendments to a measure that was passed by the house the foreign surveillance intelligence act also known as FISA faces stiff opposition.

San Francisco Sacramento
"jan miller" Discussed on WJR 760

WJR 760

01:53 min | 2 years ago

"jan miller" Discussed on WJR 760

"Have any stuff about between eleven and the Lincoln left lane closed there at this time due to road construction I'm James Johnson W. J. R. traffic and weather for the high on the Saturday only had fifty three under cloudy skies rain settles in that heavy downpours with gusty winds tonight the low fifty two showers likes it tomorrow morning the clearing and when he was a high you're fifty eight degrees from the weather channel meteorologist Jeff Mar I do stock seven sixty WJAR this W. J. our weather forecast is brought to you by north Brookfield properties trust them to manage your rental property and enjoy your weekends again for news talk seven sixty WJAR I'm Elizabeth Crenshaw six the right pane state rolls into east Lansing for a showdown with the Michigan state Spartans that W. J. R. tail gate chill begins at twelve thirty Saturday check off a three thirty but it toward lions look to get back on the winning track with the New York Giants come to call the countdown to kickoff begins at ten AM Jan Miller and Lomas brown have the call of the game beginning at one Spartans and live Saturday and Sunday on seven sixty WJR learning with the inside outside on newstalk seven J. R. inside guy Chuck right Mister outside guy can count yeah walking to the weekend another addition of housing information you can trust with the inside outside guys my name is Ken Carly on.

"jan miller" Discussed on Comedic Pursuits

Comedic Pursuits

06:12 min | 3 years ago

"jan miller" Discussed on Comedic Pursuits

"It off. That's funny. So we took a we took game. They can't really tell people. So he took a vote and the voting was not it was not a great voting system where everyone had one vote and rule thirty four. I think got like three out of eight votes. I'm became the winner. Because the most. Okay. I wanted to be called backup cake those the name that I take. El-agha? We didn't perform a time sorta broke up and a lot of them aren't allowed them aren't even in DC anymore. Crazy. So you have second indie group cake by all kick, bagel coach and how the name Kumba. So we. We went. We're practice group initially, and like it was about half the members of my level three class mail Carol together. Okay. Most of us are Carol together and practice every weekend. And then after I did actually to herald ended we continue to like coach ourselves. And I was like me, and I'm like Gorski Safai ACI Milliken Justin tram, we brought intially Iraqi we also reached back back out to as Abell because she did not take care with us. You took a different health class. Okay. And we like slowly would her bag which was like so exciting when she finally said, yes. And we every time we performed we performed under a different name. So the first time we performed it was under. Remember, the first one was. And then the second tell me performed under sofa motion. And then it recess point where it's like, we should actually have a name. And so we had a very extensive Google doc with an intensive ranking system awhile. And we would have we packed us. On sundays. We practice every Sunday. And so we'd always had bagels. And that particular Sunday was also about birthday. Okay. We also had cake. Okay. So we're literally eating cake and bagels, and we called ourselves kickback inveigle. Okay. And that's the team that doesn't really exist anymore broke up. Last summer. I think okay. It was a while. That was when I definitely heard. Yeah. So we started playing together in twenty twelve in the summer in classes, and then we took on the name in April twenty thirteen and yeah, we were team that Paktis regularly until. Twenty seventeen our first coach was Jan Miller. Great Dan for about a year. And then Don, Murphy, human voice, and was just. So so good. That's awesome. That's a good coach. And yeah, we lost Dan and Justin left after. Dot a year. So Dan adjoined, I musical Justin just halack going on. We brought in Tim hunt and Stephen Carter. Nice. Former love onions. And then Stephen laughed, and we brought him Ritchie puppy L. And and then Ritchie and so moved which was terrible. And Tim the moved within the span of a few months. It was horrible and heartbreaking out think anyone should ever move. We brought in os OG and Ryan Berkshire hand rob Miller awhile. Well, but it was just hard like when we invited them. We knew so file as leaving public. Didn't know Tim Ritchie were. And so we brought them into this big seven percents team and within just a few months like decimated. So it was fun mall acid. If I did not last auditioning for herald and. Gee shift oughta Schenk couple times beyond herald one time look at ISO. I made the first time which was great and scary. And it was all I ever wanted was for sure. Knows great. I really loved my herald experience. What team did you put on slip? I suppose on was called people like us. Okay. Which was formed. It's funny because formed there's only one how to laugh 'cause love on or not eleven sorry. King be got elevates being a house team. Okay. And the other herald has gone baby gone, and they got they were no longer team few people joint the other herald teams or became the coach or Supsa why as a spirit bear was a herald team, and then they formed shoo Harold teams one of the manga being love onion. Okay. Me other one was people like us so people like, okay, cool. So you got in like ground level rate when I started. The name for that one. So Jamie, big ner was our coach. Okay. And she she sent out we were called team accent team lie when you join herald a lot of times, you'll get like placeholder name, a placeholder name and our placeholder. Name was team max. And Jamie sent out this wicket -pedia link. I was just like here's a great starting place because we needed to have a name we had one practice before. I show we needed a name for that first show. Until like, we she sent out the end like we had one we'd a meeting practice shop, and so not allowed time to like find it organically, and so she sent out this Kapiti link that was corrupted. I think she was trying to send out appealing to like the letter X I like inspiration. But

Jamie Tim Ritchie Gorski Safai ACI Milliken Just Dan Carol Justin DC Google Stephen Carter Abell Tim hunt Tim Jan Miller Kapiti Schenk Supsa Ryan Berkshire King Don rob Miller
"jan miller" Discussed on Agent of Wealth

Agent of Wealth

05:34 min | 3 years ago

"jan miller" Discussed on Agent of Wealth

"Longtime means it's directly owned by the US pharma, dictation, not all federal are like that knows number one. Number two. You have to be a qualified income driven program. There are four of them. And you have to be enrolled in one of those well, which one should you be enrolled in it. You know, does it affect whether I'm married. I'm married are separate or single. Do. I have kids with my family size. You know, it gets. You too can just blow up into multiple nuances or complications there. And then of course, the nonprofit work is always straightforward while I may work part time for two different employers is at out in some circumstances yet. So the again it gets very nuance. Once you once you expand and magnify the issue a little bit you'll realize it's not so straightforward. What where do you see the industry going? I know it's you know, if we can't predict what will see, but it does the government just wipe away. All student loans. Does this turn into something similar to the housing crisis? Or do we just keep going the way it has gone? First of all there is not going to be a student loan bubble in my opinion. Now, explain why. So with again, I was working for Morgan Stanley in two thousand eight so I was there when the market went crash, and and I watched all that happened so prime and everything now with more the mortgage crisis game situation. Really were hours in the banks are over extended borrowers can't afford the payments. The you know, they forfeit are on their under loan arena. The real key to that is that mortgage lenders really couldn't collect or recover the funds. Otherwise wouldn't have been a problem. Right. But they're, you know, they're still subject to traditional rules that surround collections and their collection rate may be ten or twenty percent of the debt. Yes, they can take the house. But you know, the is always a reduced value in that. So the loss is heavier on that side student officer a little bit different. They are guaranteed by the US army patient. They are they have what are called extraordinary collection powers. So they're gonna get their money like the IRS. So if you owe a student loan as a federal student loan, you're going to pay it back, unless you go out live in the woods like Jeremiah jobs, nor you go off the grid or. Doc, they're gonna get their money. Yeah. Because they don't have to take you to court to garnish your wages. Take your tax return, your four one K, even your social security a-. So if you default on federal student loan you'd better pay back or set up rehab agreement or making arrangement because otherwise they will take the money from you eventually near recovery rate is over eighty two percent on defaulted debt. So you may have thirteen percent of these hours but all team but eighty two percent of that is recovered, which is a gigantic amount. Is that most lenders would drop drop their jaws over that amount? But so because of that because the funds will always be recovered. It actually makes the loans relatively low risk for the US farms occasion. The second thing is farm education's getting way over the market on the interest rate right now. So especially with grad, plus loans interest rates are six seven eight percent while for you know, based on the current market. That's an extraordinary interest rate. So with a low risk low. So because of that from a fundamental point of view on the side of the government. They're actually doing quite well, it's the borrower who suffering. What we're just about out of time. And Jan thank you for joining us. How best can people reach you? They can go to my website, which is student dash loan dash consultant dot com, and you can see they're waving scheduled for free consultation. Or with one of my consultants or you can do. So with me directly in that information all there on the website. And yeah, that's really the best way to do it. You can also Google student loan consultant, and I'll usually pop up the first one on the on the organic search results. Sure. Right. Are you guys? This is great jam. Thank you so much. That's a ton of information. And as someone who has a nineteen year old daughter. I appreciate it. Right right in that area for the student loans and college planning and she took a year off. But she's she's already itching to do some schooling. So got a lot of thing about. So thank you so much for being on the show today. Welcome. Thank you. All right. Martha Mark thanks for bringing them in. And thank you all for listening to the Asia wealth podcast with Marc 'bout us. If you have not subscribe to the podcast yet. Please click the subscribe now button below this way. When Mark comes out with a new podcast it'll show up directly on you're listening device. This will make it much easier to share these podcasts with your friends and family. Thanks again. For listening today for everyone about his financial. This is Eric Johnson reminding you to live your best day every day, and we'll see next time. Thank you for listening to the agent of wealth, podcast quit. The subscribe button below to be notified when new episodes become available. The information covered and posted represents the views and opinions of the guest and does not necessarily represent the views or opinions about his financial the content has been made available for informational and educational purposes. Only the content is not intended to be a substitute for professional. Investing advice, always seek the advice of your financial advisor or other qualified financial service provider with any questions, you may have regarding your investment and financial planning.

US consultant Martha Mark IRS Jeremiah Google Morgan Stanley Eric Johnson officer advisor Asia Marc eighty two percent six seven eight percent thirteen percent twenty percent nineteen year
"jan miller" Discussed on Agent of Wealth

Agent of Wealth

05:55 min | 3 years ago

"jan miller" Discussed on Agent of Wealth

"Creates a savings in total interest costs in Bologne. So black accents yet. It makes sense. And I guess there is there sometimes a combination of these four options that that you recommend our. Yes. Yes. So that happens all the time. Everybody's got a unique situation. You know, for example, I have a client who has a fair amount of federal debt and qualifies Piazzolla republics result forgiveness, but also has a significant amount of private debt, and he can't afford both the the qualified payment NPS and the payments in the private laws as to what we're doing is we're targeting we're keeping him out of the PS elect program. He star because he's grandfathered into that program. So he'll that program will always be there for him. Spite what people think and he'll he's going to target the private loan the higher rate loans. You get rid of a few of them and tell can afford the Piazza left pain. And then we'll go back in enroll in the PS left program. So that's an example where you have to make it work for the borrowers specific situation and map out. Exactly what the costs are each scenario deterrent wishes best way forward, but in his face, I'm using a payment targeting end, a PS Aleph a scenario were in conjunction. And when you put together in annouced, I'll work, and what's the one particular analysis are these options are they quantifiable where you can show. Okay. If you do this. Here's what it looks like over time versus if we take we take this approach. Here's here's how it looks. Yeah. Well, especially on Arabization schedules. Course dancers math. Right. So it can always shown that with the increased payment to the higher rate private law. Look like in Amazon savings, which in this particular scenario. I'm talking about was in the tens of thousands of savings of interest. And the public service loan forgiveness has to be a what I was telling educated guess or a estimation based on income growth, right because the payment is recertified fear based on their income, and nobody can see the future yet. So we have to anticipate what we would expect the income growth that particular power to look like, but we can usually get pretty close to what the expected total cost is for that as well. And put it all together, that's one of these. We do within our student loan business planners financial plans is we map that out for the borrower each situation in conjunction with what their financial Jeff gives our determine which one not only fits the best. But also saves the most money. And I think one of the things that appealed to your approaches, you kind of look at it as a consultation approach and you look at what's what are the best options. Are there? I'm sure there are other debt relief agencies or other types of products and programs, what should people worry about? Or look, you know, be on the lookout for when working or looking into some of those programs. Well, you know, there are a lot of programs both from from employers, and from there are debt relief agencies out there, you know, that are just slanting people getting driven plans there are a lot of pitfalls for student loan borrowers. So the first thing that I always tell people. Okay. Are they calling you or did you reach out to them? You know, I'm not I don't do cold. Call outbound marketing campaigns is it's the first thing that you know to me is a red flag. Are they asking for your social security or personal information? ID on the initial consultation or call another red flag. You know, I used to be financial planner, and I wouldn't even do that with my with my prospects until they became clients. And that's the way I handle my business here too as well. So, you know, once you become a client sure that some of those things are going to be needed. So to make accurate assessments, I related to the loans with my own eyes. Eventually, however, you know, that's not something I until we're engaged in contract. You'll relationship that's not something that I'm going to ask. So if that happens on the that's a red flag right there. The other thing too is, you know, the some of the programs like, for example, doctors in this the answer to get over the complex so. For example. You know, the question is, you know, doctors will say well, can I get the poster as long Guinness end an NIH award or something like that natural National Institute of health, which sometimes it's twenty to fifty thousand twenty to fifty thousand dollars per year for some docs, and the answer is yes, we can do it. But do you want to let me explain why? So it can get you know, rather complicated in there. But there's a lot of pitfalls to worry about also with your own loan servicers. So again, as I mentioned before I'm not shy in telling people that these people are very poorly trained, and they have attitude problems usually to boot. So don't ever trust anything that even fed loan says or they may be telling you the truth is a good chance they won't, and I can tell you from twenty one years experience working with these companies that they give more on answers than they do. Right. And they can only tell you a very narrow focus of what you should do based on what they see in front of them. And what they're trained to tell you. So that's why it, you know, the what I often say the value of a consultation with true expert, really I often save people tens of hundreds of thousands of dollars. Just by the information. I give because every decision you make your student loads impacts your total cost directly. Sharon. Yeah. Him. Nobody touched on it before. But it's a, you know, even though it sounds like it's a simple topic. It's it's pretty complex though, the white. It is the in basic is like public service loan reserve three requirements Republican have direct flows, which are qualified longtime

Bologne Piazzolla Amazon Sharon Jeff Guinness NIH National Institute of health fifty thousand dollars twenty one years
"jan miller" Discussed on Agent of Wealth

Agent of Wealth

08:12 min | 3 years ago

"jan miller" Discussed on Agent of Wealth

"To federal she loan solid. Asian just takes your weighted average of existing loans, but it does combine them all to one and one of the key factors. One of the main reasons to do a federal consolidation is to convert all the loans if you need to into a direct loan, which is the required loan type to qualify for public service loan forgiveness. So just to make the distinction between the two refinance is really dislike having a Bank pay it off and whatever interest rate, they offer you. Make make make sense. I have one more question that I see a lot on the refinance on I guess nowadays. We're seeing Mombaur's probably coming to you in all shapes and sizes everyone from someone right out of school to people in their forties. Fifties and medium, even sixties. But a question I get his should so unreal. Are there reasons to or not to refinance a news home equity to to pay off some of that student loan debt? Yeah. That's a good question. So with refined hazard, it's kind of the same with refinancing, a home equity equity, AVI off, you know, you can get better rates with that sometimes because you got equity, right? So it's partially secured where you might get a two percent rate something like that. And so what I always tell my clients were anybody who asked think of home equity is just another tool of refinance. That may get you a better rate because security against your, you know, your your home loan now whether or not to do it. There are a few things. To consider the first one we talked about right at your forfeiting. All you're gonna programs. You wanna make sure you're you're not giving up anything that would be better. Because in some cases, the forgiveness programs or even the income driven programs can outperform until cost the savings. You'll get an advertise interest from a refinance. So if you want to be sure before you do number one number two, it's important to understand that refinance lenders, which are basically banks in the credit unions. They prefer shorter terms. So that means that even if your interest rate goes down your payment will likely still go up quite a bit. So, you know, your best rates are going to be at your five seven ten year loan terms or a lot of student loans can be upwards of twenty five years on their especially consolidated. So you can watch your pain ago ups you wanna make sure you can afford the payment. That's the first thing. The other thing is that you might not even want to bother with it unless you're debt to income. Ratio is outstanding. So if you owe twice as much debt as your yearly income, it's not going to happen, unless your physician or somebody who makes six figures, which they can often get refinanced if you percent on her debt income if you make a hundred grand or less, and your income is not as high as your debt, very unlikely you're gonna get even proved and if you are the interest rates probably not be that competitive so refinance I'd always say in house here if you qualify for refinance. It means you don't need it. If you need refined as you probably don't qualify. That that. I see that a lot of as well one of the options that you mentioned which I think there's a little bit of a misunderstanding about is. That is the public service that forgiveness program. How how does that work? Yeah. Sure. There are a lot of misunderstanding. Of course, you know, a lot of people are now familiar with the federal student aid report that came out and the subsequent Wall Street Journal article stated that ninety nine percent overnight night of all borrowers apply for this Guinness, word declined and a lot of individuals won't name names. But even individuals are well known financial people took that as a smoking gun the programs, not reliable, and actually that's not true. It's just it was based on misunderstanding how the program works. So the program is not in general in basics. You were for ten years for a nonprofit, and you may qualify payments based on your income and the loan is then forgiven tax free at the end. That's the basics of the program. However, the nuances of the probe. Graham are much more sophisticated in difficult to understand for example, not ten years of employment is a hundred twenty qualified payments. That overlap with the timeframe that you're working fulltime or profit. So you have to get one hundred twenty those payments qualified and then once you've done that then you can actually apply for the forgiveness. Well, most people are going to have gaps in your misery certifications or not work fulltime, the whole time change jobs. These things will actually make the process longer than ten years in most cases, so very few people have executed a hundred and twenty qualified payments in a row without skipping a beat. So that's the one of the the major misunderstandings about the program. And you can't just work ten years. You have to have one hundred twenty qualified payments and be enrolled properly in the program before you can even ply for forgiveness. And so it's is it any nonprofit that that enable someone to qualify for it. Well, not release any five oh, one C three. So for example, if you work for five one C three, then it doesn't matter if you're the janitor, or what -sition you have your if your full time, you you're you have a qualified employer for the job. However, it you can work in some situations for a nonprofit that is not a five one c three. But your particular job position. You know, for example, if you're an EMT, or if you're, you know, something that's specifically, obviously public service, and those are outlined in the program. I'll go them detail. But there are a number of jobs that fit that description for nonprofits that are not five one C threes. But if you're on C three you're good, no matter what if you as long as you're full time, and you meet the other criteria the program. And if you don't work for five months three, but it is non profit, and you have a call by job height of than you. Qualify as well. And what's the other option? I wanted to touch on a little bit was the I guess the one you said you don't recommend as often, but accelerating the payments were or targets targeting certain loans over others is at sort of referring to maybe using like a like one of the snowball strategies to to get these loans pay down. Yes. So you may not exactly so the federal student loans have a flexibility if you know, how the system wars that private loans or traditional debt does not. So in a traditional snowball targets strategy would have satisfied the minimum do for whatever loan you have. So you have a Bank loan car loan a home loan. You're always gonna have that minimum payment due. The can't get out of. And then you'll pay the extra towards the highest rate or lowest balanced loan, depending on your strategy. Right. And the idea was no balling is. Of course, is that you knock out the lowest balance was first. So that you increase your. Cash flow. So you can increase your payment or the amount you pay extra to the next loan in the next loan. So our versus targeting where you would pay towards the highest interest rate loan and Patrick to that and reduce amortize interest positive Nick serrated, right? Those are the two options their traditional debt now or for that to work you have to actually pay more than your total minimum. Do a lot of people are doing that with student loans. You can actually lower your make it so the while depending on how much debt you have and what kind of debt you have. But you can direct a not even lower or increase your payment. You can actually isolate individual owns specifically knocked them out split. Your entire payment is allocated or a great deal your his allocated towards that highest rate low like celery alone knocking at one at a time until you know, you're left with the lowest interest rate loans, and you're still accruing interest on the other loans, but the amount of amortize the save by celebrating the payment on. Higher eight loans outweighs that receives it and that creates

Mombaur Wall Street Journal Nick serrated Graham Patrick ten years five seven ten year ninety nine percent twenty five years five months two percent
"jan miller" Discussed on Agent of Wealth

Agent of Wealth

10:15 min | 3 years ago

"jan miller" Discussed on Agent of Wealth

"Welcome to agent of wealth podcast with Marc Doughty's. From 'bout his financial in this podcast. Mark helps small business owners and retirees overcome the multiple wealth planning challenges involved in your financial life. We do this by creating comprehensive wealth management plans to guide you towards financial freedom. Ensure you never run out of money and help create a balance in life that prioritizes. What is most important to you to us for this journey as Mark draws from years of expertise and guest experts to solve the multiple wealth planning issues involved in your financial life. Hello and welcome to the agent of wealth with Mark bouts of bottles financial today. We're going to be talking about student loans and the title of today's podcast is putting together your student loan financial plan and Mark has brought in a special guest. And I'm going to let Mark introduces guests. I we're on three different locations today. So this is kind of fun something new for us. So I'm just going to greet the gentlemen, welcome to the show. Good morning guys. How are you morning? Are you? I'm good. You bought in a special guest today? Who is that guest? Yes today. We have Jan Mulder from Miller student loan consultants. And what we're trying to do today. An episode eleven we talked about someone having a new baby. How can they were there for saving for college? Following episode episode twelve we talked about, okay? Your your children your child is approaching college. How best to pay for it? And today we wanna we wanna just follow it up with. All right. Your child is finished college. And now they may have some student loans, and what's the best way to tackle those student loans. So welcome. Mm jammed to the show. Thank you. That's great to be here. Yes. Jan maybe can start with give us a little background on how you got into the student loan niche. Yeah. Absolutely. So about a little over twenty years ago. I believe it or not I was a professional opera singer. And when my daughter was born, I decided to get a job that was a little bit more stable or did travel around so much ended up working for a company at the time called Yuna pack, which is now Nell net their student loan servicer and kind of kept me in that field for about eight years. I worked for four different loan servicers. And then in various different departments have saw the the whole issue of from macro, micro point of view and notice that it affects all demographics and from there. I eventually went into financial field became a investment advisor with ours Stanley for number of years, all the while helping people their student loans in the background on the side until allowed in two thousand. Ten the demand was so great for help a student loans and my expertise on it that I retired for Morgan Stanley and made the student loans. My sole focus and open my company. Sharon, I guess with. If you look, you know, I come across a lot of people with student loans, but I guess they're so prevalent out there, and so complex that you probably are seeing all different cases of student loans and kind of how I guess people approached them are all different. Yet. You know, it's a couple of things the first thing, of course, is that it is complex. Not only are all the loans governed by regulations and different loans qualified programs, but they're also grandfathering which means that depending on what date you took out the loans can inform exactly what programs you qualify for. So. And then if you wanna mix that in with your own financial objectives, and how to balance the two together you got quite a unique scenario for every single borrower. That's the first thing. Second thing is that the resources available to borrowers that are truly helpful are quite limited. Or she go to student loans dot gov, or, you know, federal student aid's website. Then you're basically he might as well be opening the tax code at that point. Right. So you're looking at things that you know, how does this make sense my situation, and then you have the loan servicers who really aren't well trained. They basically tell you. What's? Invest interests of the servicer. And you know, they're limited in that regard as well. So and they give wrong answers quite often. So people need real experts to come in and make sense of it all not only in general terms. But specifically for their individuals situation. That's what I do. And has the typical engagement. Someone comes to you and says I have these student loans. I have no idea what I should be should be doing with them. What I do. Well, you know, a lot of times people when they come to me they've already talked to their loan servicers or failed at achieving what they've needed to through the typical resources, but they may know nothing about it, or it'd be limited in understanding or they may actually already done a lot of research only to find out they still can't figure out the best way forward. So typically what I do is most of my clients have started out with a free consultation on initial consultation with me where I do an analysis a quick thirty minute analysis of their situation to see if I can't just help the media over the phone or if they need additional work after that. But I can determine if they're suitable for long term help or a consultant they need to know right there. And then. And when it will. So let's say you do engage with someone. How do you approach it to you? I guess look at what their Car Loans are what the terms are loans, and then go over the different options that they would that they would have to to approach a repayment. Yeah. You know? I don't actually the nice thing is this is one of the things that differentiates me from some of the other companies do similar things that is I won't ask for a personal information. Actually, I don't need their social security number or the ID or I don't need to log in look at their accounts. I can actually just by as long as the borrowers prepared with that information. I can gather the information. So I need to know what their income is with their income growth looks like a little bit about what their financial Jacobs are what you know, what they can afford monthly very basic things as well as the basic structure of their runs. How much of it is federal how much of it is private or institutional Perkins. And what the interest rates are. And what the name the loan servicers are that you know, there's about. Oh, a dozen basic questions that I'll ask. And then I can actually take that information and put together a pretty thorough assessment of what they should be doing based on that. And then we can go from there to see if it's gonna take more than a half hour course to implement, and what are the what are some of the options that that they would have for implementing. Yeah. Okay. So there's basically four what I got calling the four pillars of student loan repayment, and the they are refinance forgiveness income driven repayment and payment targeting. So obviously, you know, the I rarely advisor bar. Yeah. Just pay it as it is. You know, it's a ten year plan pay the loans off until it's gone accelerate your pains again that after this rarely happens. But usually there's going to be usually don't wanna follow the traditional repayment that it's going to automatically put the low. They're usually better things that rob no matter what your situation, but those four things are going to be the main things that I analyze, you know, obviously, they need a lower payment that comes in plays. Well, but typically as far as long term strategy goes refinance public service loan forgiveness income driven plans and peanut targeting. It'd be the fourth things I'm going to look at Nick and help our situation. On the first one on refinances is starting to make more sense with interest rates going up, and I guess a lot of these loans. Do have a variable interest rate. Well, you know, federal loans are all fixed since nineteen horses two thousand six so unless you have very old loans, you're likely to have a fix low, and if you've consolidate your loans that's also going to be fixed interest rate on federal side in a private loan refinance, the the lenders gonna give you the option. So if you listen plot episode fire Haman Bonder DRB, they're gonna come back at you. With an offer is not going to be just one offers gonna have a grid. So pick your term pick weather's variable or fixed, and this is the rate and pain at the show get resolve it, obviously you wanna pick the one that creates the the lowest interest rate with the payment agent afford in traditionally people in a conservative side will will choose the fixed auction. They can because. Then there's no risk of low interest rate going up. Sometimes the variable rates can be enticing though, because they'll be lower start anyways than the vix will be and I just want a couple of questions I have gone on the refinance side is if someone refinances out of federal loan does that I guess wipe away their chance of having an income driven repayment option completely so one hundred percents or once you once you've done a refinance. And I always just to make sure that the terminology is clear with clients when I use the R word or refinance referring to a private student loan refinance with a company like so by our DR be your uncommon bond lengthy lower road, those people where they literally based on your credit worthiness. Refinance the loan a different Bank as it off where a credit once that is done on to refinance the loan than you forfeit all federal programs for ever. Now. It's not to be confused with. With federal student loan consolidation, which can be confusing because some of these private refinance companies hall their refinance eight consolidation, but it's not really a federal student loan consolidation is a completely different view that is not based on credit worthiness. It is something that all borrowers. You know, as long as loans qualified in do only federal loans can be included, including Perkins loans scrapped grad, plus Stafford those things and there's no interest rate advantage to

Mark Morgan Stanley advisor Marc Doughty Miller Jan Mulder Sharon Stafford Perkins consultant rob Nick thirty minute twenty years eight years ten year