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Mike Meru Has $1 Million in Student Loans. How Did That Happen? [WSJ]

https://twitter.com/JoshZumbrun/status/1000005527848542210 ...
nubile private investor
  05/25/18
...
zippy hall
  05/25/18
He's a 6'7" white doctor. I'm sure a wealthy asian woma...
Aromatic talking goyim
  05/25/18
...
Honey-headed histrionic station
  05/25/18
holy fuck this moniker
translucent area trust fund
  05/25/18
Fuck
Passionate nibblets
  05/25/18
Love how they casually drop that he is 6’7”
Passionate nibblets
  05/25/18
...
racy national security agency
  05/25/18
And lean! With two cute kids and what appears to be a relati...
Passionate nibblets
  05/25/18
"Mr. Meru pays only $1,589.97 a month—not enough to cov...
deranged location gaming laptop
  05/25/18
He’s on PAYE or IBR for sure
Passionate nibblets
  05/25/18
An orthodontist doing purely for profit private sector work?
nubile private investor
  05/25/18
Yes stupid. PSLF is the public interest program. PAYE and IB...
Passionate nibblets
  05/25/18
PAYE and IBR are not tied to the status of the employer. It...
Crusty gay wizard
  05/25/18
he's just increased his tax rate 10% for 20yrs instead of pa...
turquoise university karate
  05/25/18
Politicians are going to be sympathetic to deadbeat ORTHODON...
nubile private investor
  05/25/18
probably not. And yet, his life is infinitely better than yo...
Passionate nibblets
  05/25/18
Huh. That is the current law and talk about changing it has ...
turquoise university karate
  05/25/18
The tax bomb being forgiven is current law?
nubile private investor
  05/25/18
Nope
Passionate nibblets
  05/25/18
Inertia is powerful.
nubile private investor
  05/25/18
I'm sure he can find a way to make himself insolvent for dis...
Diverse shitlib selfie
  05/26/18
xo meru
Aqua charismatic theatre hominid
  05/26/18
“These are choices. We’re not coercing,” said Avishai Sadan,...
Aqua charismatic theatre hominid
  05/26/18
Channeling TRUMP.
nubile private investor
  05/26/18
...
Aqua charismatic theatre hominid
  08/14/18


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Date: May 25th, 2018 9:33 AM
Author: nubile private investor

https://twitter.com/JoshZumbrun/status/1000005527848542210

Somebody please think of poor orthodontists!

(http://www.autoadmit.com/thread.php?thread_id=3986223&forum_id=2#36124932)



Reply Favorite

Date: May 25th, 2018 9:34 AM
Author: zippy hall



(http://www.autoadmit.com/thread.php?thread_id=3986223&forum_id=2#36124938)



Reply Favorite

Date: May 25th, 2018 9:35 AM
Author: Aromatic talking goyim

He's a 6'7" white doctor. I'm sure a wealthy asian woman would gladly pay off his loans.

(http://www.autoadmit.com/thread.php?thread_id=3986223&forum_id=2#36124944)



Reply Favorite

Date: May 25th, 2018 9:37 AM
Author: Honey-headed histrionic station



(http://www.autoadmit.com/thread.php?thread_id=3986223&forum_id=2#36124953)



Reply Favorite

Date: May 25th, 2018 9:49 AM
Author: translucent area trust fund

holy fuck this moniker

(http://www.autoadmit.com/thread.php?thread_id=3986223&forum_id=2#36125022)



Reply Favorite

Date: May 25th, 2018 9:53 AM
Author: Passionate nibblets

Fuck

(http://www.autoadmit.com/thread.php?thread_id=3986223&forum_id=2#36125041)



Reply Favorite

Date: May 25th, 2018 9:57 AM
Author: Passionate nibblets

Love how they casually drop that he is 6’7”

(http://www.autoadmit.com/thread.php?thread_id=3986223&forum_id=2#36125069)



Reply Favorite

Date: May 25th, 2018 10:06 AM
Author: racy national security agency



(http://www.autoadmit.com/thread.php?thread_id=3986223&forum_id=2#36125114)



Reply Favorite

Date: May 25th, 2018 10:35 AM
Author: Passionate nibblets

And lean! With two cute kids and what appears to be a relatively thin wife (inside re facial aesthetics).

U: gun in mouth at desk.

(http://www.autoadmit.com/thread.php?thread_id=3986223&forum_id=2#36125276)



Reply Favorite

Date: May 25th, 2018 10:01 AM
Author: deranged location gaming laptop

"Mr. Meru pays only $1,589.97 a month—not enough to cover the interest, so his debt from seven years at the University of Southern California grows by $130 a day. In two decades, his loan balance will be $2 million."

If this is the case, why even pay anything?

(http://www.autoadmit.com/thread.php?thread_id=3986223&forum_id=2#36125085)



Reply Favorite

Date: May 25th, 2018 10:05 AM
Author: Passionate nibblets

He’s on PAYE or IBR for sure

(http://www.autoadmit.com/thread.php?thread_id=3986223&forum_id=2#36125109)



Reply Favorite

Date: May 25th, 2018 10:16 AM
Author: nubile private investor

An orthodontist doing purely for profit private sector work?

(http://www.autoadmit.com/thread.php?thread_id=3986223&forum_id=2#36125177)



Reply Favorite

Date: May 25th, 2018 10:20 AM
Author: Passionate nibblets

Yes stupid. PSLF is the public interest program. PAYE and IBR are for anyone with the right income to debt ratio.

(http://www.autoadmit.com/thread.php?thread_id=3986223&forum_id=2#36125199)



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Date: May 25th, 2018 10:45 AM
Author: Crusty gay wizard

PAYE and IBR are not tied to the status of the employer. It's just a calculation of repayment based on income. Based on my own experience if he's repaying $1,600/mo with a family size of 4 he's probably making well over $200,000 per year. The status of his employer only matters for whether he gets PSLF or not.

Obviously an extreme example but a good one of why the system is so fucking stupid.

(http://www.autoadmit.com/thread.php?thread_id=3986223&forum_id=2#36125320)



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Date: May 25th, 2018 10:46 AM
Author: turquoise university karate

he's just increased his tax rate 10% for 20yrs instead of paying tuition, and probably makes $200 something. he'll save up for the tax bomb until it gets forgiven, and then retire like anybody who made $150k for their whole career and doesn't have loans.

(http://www.autoadmit.com/thread.php?thread_id=3986223&forum_id=2#36125335)



Reply Favorite

Date: May 25th, 2018 11:07 AM
Author: nubile private investor

Politicians are going to be sympathetic to deadbeat ORTHODONTISTS in the future?

(http://www.autoadmit.com/thread.php?thread_id=3986223&forum_id=2#36125463)



Reply Favorite

Date: May 25th, 2018 11:48 AM
Author: Passionate nibblets

probably not. And yet, his life is infinitely better than yours, lol.

(http://www.autoadmit.com/thread.php?thread_id=3986223&forum_id=2#36125812)



Reply Favorite

Date: May 25th, 2018 11:57 AM
Author: turquoise university karate

Huh. That is the current law and talk about changing it has never gone anywhere

(http://www.autoadmit.com/thread.php?thread_id=3986223&forum_id=2#36125874)



Reply Favorite

Date: May 25th, 2018 11:57 AM
Author: nubile private investor

The tax bomb being forgiven is current law?

(http://www.autoadmit.com/thread.php?thread_id=3986223&forum_id=2#36125880)



Reply Favorite

Date: May 25th, 2018 3:56 PM
Author: Passionate nibblets

Nope

(http://www.autoadmit.com/thread.php?thread_id=3986223&forum_id=2#36127494)



Reply Favorite

Date: May 25th, 2018 4:59 PM
Author: nubile private investor

Inertia is powerful.

(http://www.autoadmit.com/thread.php?thread_id=3986223&forum_id=2#36127917)



Reply Favorite

Date: May 26th, 2018 6:52 PM
Author: Diverse shitlib selfie

I'm sure he can find a way to make himself insolvent for discharge of indebtedness purposes over the course of a few decades.

(http://www.autoadmit.com/thread.php?thread_id=3986223&forum_id=2#36133044)



Reply Favorite

Date: May 26th, 2018 6:33 PM
Author: Aqua charismatic theatre hominid

xo meru

(http://www.autoadmit.com/thread.php?thread_id=3986223&forum_id=2#36133013)



Reply Favorite

Date: May 26th, 2018 6:34 PM
Author: Aqua charismatic theatre hominid

“These are choices. We’re not coercing,” said Avishai Sadan, dean of USC’s Herman Ostrow School of Dentistry, where Mr. Meru went to school and one of the most expensive in the U.S. “You know exactly what you’re getting into.”

(http://www.autoadmit.com/thread.php?thread_id=3986223&forum_id=2#36133015)



Reply Favorite

Date: May 26th, 2018 6:58 PM
Author: nubile private investor

Channeling TRUMP.

(http://www.autoadmit.com/thread.php?thread_id=3986223&forum_id=2#36133069)



Reply Favorite

Date: August 14th, 2018 7:30 AM
Author: Aqua charismatic theatre hominid



(http://www.autoadmit.com/thread.php?thread_id=3986223&forum_id=2#36614005)