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

https://twitter.com/JoshZumbrun/status/1000005527848542210 ...
outnumbered diverse potus base
  05/25/18
...
Tan stirring set
  05/25/18
He's a 6'7" white doctor. I'm sure a wealthy asian woma...
useless flatulent tanning salon
  05/25/18
...
Talented Church Building Sex Offender
  05/25/18
holy fuck this moniker
thriller disgusting friendly grandma
  05/25/18
Fuck
vibrant wild area queen of the night
  05/25/18
Love how they casually drop that he is 6’7”
vibrant wild area queen of the night
  05/25/18
...
Cyan hilarious foreskin
  05/25/18
And lean! With two cute kids and what appears to be a relati...
vibrant wild area queen of the night
  05/25/18
"Mr. Meru pays only $1,589.97 a month—not enough to cov...
Arousing bronze private investor abode
  05/25/18
He’s on PAYE or IBR for sure
vibrant wild area queen of the night
  05/25/18
An orthodontist doing purely for profit private sector work?
outnumbered diverse potus base
  05/25/18
Yes stupid. PSLF is the public interest program. PAYE and IB...
vibrant wild area queen of the night
  05/25/18
PAYE and IBR are not tied to the status of the employer. It...
Mind-boggling Locale Round Eye
  05/25/18
he's just increased his tax rate 10% for 20yrs instead of pa...
light codepig gaping
  05/25/18
Politicians are going to be sympathetic to deadbeat ORTHODON...
outnumbered diverse potus base
  05/25/18
probably not. And yet, his life is infinitely better than yo...
vibrant wild area queen of the night
  05/25/18
Huh. That is the current law and talk about changing it has ...
light codepig gaping
  05/25/18
The tax bomb being forgiven is current law?
outnumbered diverse potus base
  05/25/18
Nope
vibrant wild area queen of the night
  05/25/18
Inertia is powerful.
outnumbered diverse potus base
  05/25/18
I'm sure he can find a way to make himself insolvent for dis...
autistic rigpig
  05/26/18
xo meru
Vivacious canary lay idiot
  05/26/18
“These are choices. We’re not coercing,” said Avishai Sadan,...
Vivacious canary lay idiot
  05/26/18
Channeling TRUMP.
outnumbered diverse potus base
  05/26/18
...
Vivacious canary lay idiot
  08/14/18


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Reply Favorite

Date: May 25th, 2018 9:33 AM
Author: outnumbered diverse potus base

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: Tan stirring set



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



Reply Favorite

Date: May 25th, 2018 9:35 AM
Author: useless flatulent tanning salon

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: Talented Church Building Sex Offender



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



Reply Favorite

Date: May 25th, 2018 9:49 AM
Author: thriller disgusting friendly grandma

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: vibrant wild area queen of the night

Fuck

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



Reply Favorite

Date: May 25th, 2018 9:57 AM
Author: vibrant wild area queen of the night

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: Cyan hilarious foreskin



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



Reply Favorite

Date: May 25th, 2018 10:35 AM
Author: vibrant wild area queen of the night

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: Arousing bronze private investor abode

"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: vibrant wild area queen of the night

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: outnumbered diverse potus base

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: vibrant wild area queen of the night

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: Mind-boggling Locale Round Eye

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: light codepig gaping

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: outnumbered diverse potus base

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: vibrant wild area queen of the night

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: light codepig gaping

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: outnumbered diverse potus base

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: vibrant wild area queen of the night

Nope

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



Reply Favorite

Date: May 25th, 2018 4:59 PM
Author: outnumbered diverse potus base

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: autistic rigpig

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: Vivacious canary lay idiot

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: Vivacious canary lay idiot

“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: outnumbered diverse potus base

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: Vivacious canary lay idiot



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