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

https://twitter.com/JoshZumbrun/status/1000005527848542210 ...
bipolar resort coffee pot
  05/25/18
...
Hideous Step-uncle's House
  05/25/18
He's a 6'7" white doctor. I'm sure a wealthy asian woma...
frisky trust fund stage
  05/25/18
...
cracking karate stock car
  05/25/18
holy fuck this moniker
Bull headed bawdyhouse doctorate
  05/25/18
Fuck
Hairraiser Nofapping Office
  05/25/18
Love how they casually drop that he is 6’7”
Hairraiser Nofapping Office
  05/25/18
...
Misanthropic sneaky criminal
  05/25/18
And lean! With two cute kids and what appears to be a relati...
Hairraiser Nofapping Office
  05/25/18
"Mr. Meru pays only $1,589.97 a month—not enough to cov...
dun 180 roommate
  05/25/18
He’s on PAYE or IBR for sure
Hairraiser Nofapping Office
  05/25/18
An orthodontist doing purely for profit private sector work?
bipolar resort coffee pot
  05/25/18
Yes stupid. PSLF is the public interest program. PAYE and IB...
Hairraiser Nofapping Office
  05/25/18
PAYE and IBR are not tied to the status of the employer. It...
diverse space yarmulke
  05/25/18
he's just increased his tax rate 10% for 20yrs instead of pa...
glittery stubborn circlehead
  05/25/18
Politicians are going to be sympathetic to deadbeat ORTHODON...
bipolar resort coffee pot
  05/25/18
probably not. And yet, his life is infinitely better than yo...
Hairraiser Nofapping Office
  05/25/18
Huh. That is the current law and talk about changing it has ...
glittery stubborn circlehead
  05/25/18
The tax bomb being forgiven is current law?
bipolar resort coffee pot
  05/25/18
Nope
Hairraiser Nofapping Office
  05/25/18
Inertia is powerful.
bipolar resort coffee pot
  05/25/18
I'm sure he can find a way to make himself insolvent for dis...
sienna cumskin
  05/26/18
xo meru
titillating chapel useless brakes
  05/26/18
“These are choices. We’re not coercing,” said Avishai Sadan,...
titillating chapel useless brakes
  05/26/18
Channeling TRUMP.
bipolar resort coffee pot
  05/26/18
...
titillating chapel useless brakes
  08/14/18


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Reply Favorite

Date: May 25th, 2018 9:33 AM
Author: bipolar resort coffee pot

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: Hideous Step-uncle's House



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



Reply Favorite

Date: May 25th, 2018 9:35 AM
Author: frisky trust fund stage

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: cracking karate stock car



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



Reply Favorite

Date: May 25th, 2018 9:49 AM
Author: Bull headed bawdyhouse doctorate

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: Hairraiser Nofapping Office

Fuck

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



Reply Favorite

Date: May 25th, 2018 9:57 AM
Author: Hairraiser Nofapping Office

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: Misanthropic sneaky criminal



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



Reply Favorite

Date: May 25th, 2018 10:35 AM
Author: Hairraiser Nofapping Office

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: dun 180 roommate

"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: Hairraiser Nofapping Office

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: bipolar resort coffee pot

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: Hairraiser Nofapping Office

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: diverse space yarmulke

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: glittery stubborn circlehead

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: bipolar resort coffee pot

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: Hairraiser Nofapping Office

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: glittery stubborn circlehead

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: bipolar resort coffee pot

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: Hairraiser Nofapping Office

Nope

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



Reply Favorite

Date: May 25th, 2018 4:59 PM
Author: bipolar resort coffee pot

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: sienna cumskin

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: titillating chapel useless brakes

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: titillating chapel useless brakes

“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: bipolar resort coffee pot

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: titillating chapel useless brakes



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