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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: ruddy fear-inspiring hunting ground https://twitter.com/JoshZumbrun/status/1000005527848542210 Somebody please think of poor orthodontists! |
Date: May 25th, 2018 9:34 AM Author: contagious parlour sneaky criminal (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: passionate dull ceo 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: razzle prole fanboi (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: henna party of the first part 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: Territorial weed whacker 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: Territorial weed whacker 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: Avocado Thriller Gas Station Cuckold (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: Territorial weed whacker 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: Diverse ruby center foreskin "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: Territorial weed whacker 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: ruddy fear-inspiring hunting ground 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: Territorial weed whacker 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: overrated maize nursing home 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: Dashing selfie 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: ruddy fear-inspiring hunting ground 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: Territorial weed whacker 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: Dashing selfie 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: ruddy fear-inspiring hunting ground 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: Territorial weed whacker 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: ruddy fear-inspiring hunting ground 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: Appetizing potus 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: Arousing corner regret 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: Arousing corner regret “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: ruddy fear-inspiring hunting ground 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: Arousing corner regret (http://www.autoadmit.com/thread.php?thread_id=3986223&forum_id=2#36614005) |