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

https://twitter.com/JoshZumbrun/status/1000005527848542210 ...
Maroon dog poop
  05/25/18
...
awkward field tank
  05/25/18
He's a 6'7" white doctor. I'm sure a wealthy asian woma...
offensive onyx brunch messiness
  05/25/18
...
deranged site private investor
  05/25/18
holy fuck this moniker
multi-colored library
  05/25/18
Fuck
Marvelous underhanded market bbw
  05/25/18
Love how they casually drop that he is 6’7”
Marvelous underhanded market bbw
  05/25/18
...
dun tattoo reading party
  05/25/18
And lean! With two cute kids and what appears to be a relati...
Marvelous underhanded market bbw
  05/25/18
"Mr. Meru pays only $1,589.97 a month—not enough to cov...
mischievous sadistic bawdyhouse
  05/25/18
He’s on PAYE or IBR for sure
Marvelous underhanded market bbw
  05/25/18
An orthodontist doing purely for profit private sector work?
Maroon dog poop
  05/25/18
Yes stupid. PSLF is the public interest program. PAYE and IB...
Marvelous underhanded market bbw
  05/25/18
PAYE and IBR are not tied to the status of the employer. It...
Azure submissive associate church building
  05/25/18
he's just increased his tax rate 10% for 20yrs instead of pa...
Territorial Meetinghouse
  05/25/18
Politicians are going to be sympathetic to deadbeat ORTHODON...
Maroon dog poop
  05/25/18
probably not. And yet, his life is infinitely better than yo...
Marvelous underhanded market bbw
  05/25/18
Huh. That is the current law and talk about changing it has ...
Territorial Meetinghouse
  05/25/18
The tax bomb being forgiven is current law?
Maroon dog poop
  05/25/18
Nope
Marvelous underhanded market bbw
  05/25/18
Inertia is powerful.
Maroon dog poop
  05/25/18
I'm sure he can find a way to make himself insolvent for dis...
Racy double fault pit
  05/26/18
xo meru
razzle tan cruise ship
  05/26/18
“These are choices. We’re not coercing,” said Avishai Sadan,...
razzle tan cruise ship
  05/26/18
Channeling TRUMP.
Maroon dog poop
  05/26/18
...
razzle tan cruise ship
  08/14/18


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Reply Favorite

Date: May 25th, 2018 9:33 AM
Author: Maroon dog poop

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: awkward field tank



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



Reply Favorite

Date: May 25th, 2018 9:35 AM
Author: offensive onyx brunch messiness

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: deranged site private investor



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



Reply Favorite

Date: May 25th, 2018 9:49 AM
Author: multi-colored library

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: Marvelous underhanded market bbw

Fuck

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



Reply Favorite

Date: May 25th, 2018 9:57 AM
Author: Marvelous underhanded market bbw

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: dun tattoo reading party



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



Reply Favorite

Date: May 25th, 2018 10:35 AM
Author: Marvelous underhanded market bbw

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: mischievous sadistic bawdyhouse

"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: Marvelous underhanded market bbw

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: Maroon dog poop

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: Marvelous underhanded market bbw

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)



Reply Favorite

Date: May 25th, 2018 10:45 AM
Author: Azure submissive associate church building

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)



Reply Favorite

Date: May 25th, 2018 10:46 AM
Author: Territorial Meetinghouse

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: Maroon dog poop

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: Marvelous underhanded market bbw

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: Territorial Meetinghouse

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: Maroon dog poop

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: Marvelous underhanded market bbw

Nope

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



Reply Favorite

Date: May 25th, 2018 4:59 PM
Author: Maroon dog poop

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: Racy double fault pit

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: razzle tan cruise ship

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: razzle tan cruise ship

“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: Maroon dog poop

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: razzle tan cruise ship



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