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Mike Meru Has $1 Million in Student Loans. How Did That Happen? [WSJ]
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Date: May 25th, 2018 9:33 AM Author: Fragrant market roommate https://twitter.com/JoshZumbrun/status/1000005527848542210 Somebody please think of poor orthodontists! |
Date: May 25th, 2018 9:34 AM Author: Arousing Infuriating House Mad Cow Disease (http://www.autoadmit.com/thread.php?thread_id=3986223&forum_id=2#36124938) |
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Date: May 25th, 2018 9:35 AM Author: honey-headed indian lodge 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) |
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Date: May 25th, 2018 9:37 AM Author: Judgmental parlor mediation (http://www.autoadmit.com/thread.php?thread_id=3986223&forum_id=2#36124953) |
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Date: May 25th, 2018 9:49 AM Author: Adulterous mint office holy fuck this moniker (http://www.autoadmit.com/thread.php?thread_id=3986223&forum_id=2#36125022) |
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Date: May 25th, 2018 9:53 AM Author: carmine area stock car Fuck (http://www.autoadmit.com/thread.php?thread_id=3986223&forum_id=2#36125041) |
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Date: May 25th, 2018 9:57 AM Author: carmine area stock car Love how they casually drop that he is 6’7” (http://www.autoadmit.com/thread.php?thread_id=3986223&forum_id=2#36125069) |
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Date: May 25th, 2018 10:06 AM Author: blathering know-it-all crackhouse son of senegal (http://www.autoadmit.com/thread.php?thread_id=3986223&forum_id=2#36125114) |
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Date: May 25th, 2018 10:35 AM Author: carmine area stock car 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. |
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Date: May 25th, 2018 10:01 AM Author: purple diverse home "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? |
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Date: May 25th, 2018 10:05 AM Author: carmine area stock car He’s on PAYE or IBR for sure (http://www.autoadmit.com/thread.php?thread_id=3986223&forum_id=2#36125109) |
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Date: May 25th, 2018 10:16 AM Author: Fragrant market roommate An orthodontist doing purely for profit private sector work? (http://www.autoadmit.com/thread.php?thread_id=3986223&forum_id=2#36125177) |
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Date: May 25th, 2018 10:20 AM Author: carmine area stock car 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: stirring cream institution 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. |
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Date: May 25th, 2018 10:46 AM Author: massive lemon fortuitous meteor 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) |
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Date: May 25th, 2018 11:07 AM Author: Fragrant market roommate 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) |
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Date: May 25th, 2018 11:48 AM Author: carmine area stock car 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) |
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Date: May 25th, 2018 11:57 AM Author: massive lemon fortuitous meteor 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) |
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Date: May 25th, 2018 11:57 AM Author: Fragrant market roommate The tax bomb being forgiven is current law? (http://www.autoadmit.com/thread.php?thread_id=3986223&forum_id=2#36125880) |
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Date: May 25th, 2018 3:56 PM Author: carmine area stock car Nope (http://www.autoadmit.com/thread.php?thread_id=3986223&forum_id=2#36127494) |
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Date: May 25th, 2018 4:59 PM Author: Fragrant market roommate Inertia is powerful. (http://www.autoadmit.com/thread.php?thread_id=3986223&forum_id=2#36127917) |
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Date: May 26th, 2018 6:52 PM Author: Wonderful mentally impaired halford old irish cottage 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) |
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Date: May 26th, 2018 6:33 PM Author: boyish persian xo meru (http://www.autoadmit.com/thread.php?thread_id=3986223&forum_id=2#36133013) |
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Date: May 26th, 2018 6:34 PM Author: boyish persian “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) |
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Date: May 26th, 2018 6:58 PM Author: Fragrant market roommate Channeling TRUMP. (http://www.autoadmit.com/thread.php?thread_id=3986223&forum_id=2#36133069) |
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Date: August 14th, 2018 7:30 AM Author: boyish persian (http://www.autoadmit.com/thread.php?thread_id=3986223&forum_id=2#36614005) |