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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: multi-colored party of the first part stage https://twitter.com/JoshZumbrun/status/1000005527848542210 Somebody please think of poor orthodontists! |
Date: May 25th, 2018 9:34 AM Author: cowardly exhilarant chad (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: elite pit 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: Titillating brunch codepig (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: unhinged passionate property 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: histrionic ticket booth 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: histrionic ticket booth 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: flushed site (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: histrionic ticket booth 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: frozen place of business crotch "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: histrionic ticket booth 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: multi-colored party of the first part stage 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: histrionic ticket booth 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: magenta talented tanning salon legend 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: Jade blood rage 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: multi-colored party of the first part stage 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: histrionic ticket booth 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: Jade blood rage 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: multi-colored party of the first part stage 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: histrionic ticket booth 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: multi-colored party of the first part stage 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: Beady-eyed Ocher Hunting Ground 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: swollen main people box office 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: swollen main people box office “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: multi-colored party of the first part stage 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: swollen main people box office (http://www.autoadmit.com/thread.php?thread_id=3986223&forum_id=2#36614005) |