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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: Razzle crackhouse https://twitter.com/JoshZumbrun/status/1000005527848542210 Somebody please think of poor orthodontists! |
Date: May 25th, 2018 9:34 AM Author: copper space (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: histrionic nursing home 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: Onyx disturbing native puppy (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: Navy hall 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: Amber cracking hell 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: Amber cracking hell 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: Adventurous domesticated karate indian lodge (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: Amber cracking hell 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: Dun spectacular gaping casino "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: Amber cracking hell 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: Razzle crackhouse 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: Amber cracking hell 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: ruddy internal respiration 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: aromatic trailer park 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: Razzle crackhouse 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: Amber cracking hell 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: aromatic trailer park 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: Razzle crackhouse 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: Amber cracking hell 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: Razzle crackhouse 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: aquamarine swashbuckling round eye chapel 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: Sexy cocky liquid oxygen 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: Sexy cocky liquid oxygen “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: Razzle crackhouse 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: Sexy cocky liquid oxygen (http://www.autoadmit.com/thread.php?thread_id=3986223&forum_id=2#36614005) |