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

https://twitter.com/JoshZumbrun/status/1000005527848542210 ...
Splenetic Balding Range
  05/25/18
...
Exciting home
  05/25/18
He's a 6'7" white doctor. I'm sure a wealthy asian woma...
clear therapy
  05/25/18
...
wild federal locus
  05/25/18
holy fuck this moniker
Boyish pistol
  05/25/18
Fuck
Ultramarine medicated school cafeteria
  05/25/18
Love how they casually drop that he is 6’7”
Ultramarine medicated school cafeteria
  05/25/18
...
startled white cruise ship
  05/25/18
And lean! With two cute kids and what appears to be a relati...
Ultramarine medicated school cafeteria
  05/25/18
"Mr. Meru pays only $1,589.97 a month—not enough to cov...
Orchid immigrant
  05/25/18
He’s on PAYE or IBR for sure
Ultramarine medicated school cafeteria
  05/25/18
An orthodontist doing purely for profit private sector work?
Splenetic Balding Range
  05/25/18
Yes stupid. PSLF is the public interest program. PAYE and IB...
Ultramarine medicated school cafeteria
  05/25/18
PAYE and IBR are not tied to the status of the employer. It...
marvelous crotch kitchen
  05/25/18
he's just increased his tax rate 10% for 20yrs instead of pa...
Flesh trailer park idiot
  05/25/18
Politicians are going to be sympathetic to deadbeat ORTHODON...
Splenetic Balding Range
  05/25/18
probably not. And yet, his life is infinitely better than yo...
Ultramarine medicated school cafeteria
  05/25/18
Huh. That is the current law and talk about changing it has ...
Flesh trailer park idiot
  05/25/18
The tax bomb being forgiven is current law?
Splenetic Balding Range
  05/25/18
Nope
Ultramarine medicated school cafeteria
  05/25/18
Inertia is powerful.
Splenetic Balding Range
  05/25/18
I'm sure he can find a way to make himself insolvent for dis...
Infuriating razzmatazz hell
  05/26/18
xo meru
Provocative lavender incel psychic
  05/26/18
“These are choices. We’re not coercing,” said Avishai Sadan,...
Provocative lavender incel psychic
  05/26/18
Channeling TRUMP.
Splenetic Balding Range
  05/26/18
...
Provocative lavender incel psychic
  08/14/18


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Reply Favorite

Date: May 25th, 2018 9:33 AM
Author: Splenetic Balding Range

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: Exciting home



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



Reply Favorite

Date: May 25th, 2018 9:35 AM
Author: clear therapy

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: wild federal locus



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



Reply Favorite

Date: May 25th, 2018 9:49 AM
Author: Boyish pistol

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: Ultramarine medicated school cafeteria

Fuck

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



Reply Favorite

Date: May 25th, 2018 9:57 AM
Author: Ultramarine medicated school cafeteria

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: startled white cruise ship



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



Reply Favorite

Date: May 25th, 2018 10:35 AM
Author: Ultramarine medicated school cafeteria

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: Orchid immigrant

"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: Ultramarine medicated school cafeteria

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: Splenetic Balding Range

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: Ultramarine medicated school cafeteria

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: marvelous crotch kitchen

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: Flesh trailer park idiot

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: Splenetic Balding Range

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: Ultramarine medicated school cafeteria

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: Flesh trailer park idiot

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: Splenetic Balding Range

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: Ultramarine medicated school cafeteria

Nope

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



Reply Favorite

Date: May 25th, 2018 4:59 PM
Author: Splenetic Balding Range

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: Infuriating razzmatazz hell

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: Provocative lavender incel psychic

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: Provocative lavender incel psychic

“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: Splenetic Balding Range

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: Provocative lavender incel psychic



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