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

https://twitter.com/JoshZumbrun/status/1000005527848542210 ...
sapphire temple
  05/25/18
...
Milky toilet seat
  05/25/18
He's a 6'7" white doctor. I'm sure a wealthy asian woma...
Charcoal laughsome plaza windowlicker
  05/25/18
...
Wine rambunctious associate rehab
  05/25/18
holy fuck this moniker
buff market mexican
  05/25/18
Fuck
Garnet sweet tailpipe
  05/25/18
Love how they casually drop that he is 6’7”
Garnet sweet tailpipe
  05/25/18
...
flirting heady home
  05/25/18
And lean! With two cute kids and what appears to be a relati...
Garnet sweet tailpipe
  05/25/18
"Mr. Meru pays only $1,589.97 a month—not enough to cov...
Provocative mahogany box office
  05/25/18
He’s on PAYE or IBR for sure
Garnet sweet tailpipe
  05/25/18
An orthodontist doing purely for profit private sector work?
sapphire temple
  05/25/18
Yes stupid. PSLF is the public interest program. PAYE and IB...
Garnet sweet tailpipe
  05/25/18
PAYE and IBR are not tied to the status of the employer. It...
Adventurous overrated stock car
  05/25/18
he's just increased his tax rate 10% for 20yrs instead of pa...
Light Locale Gay Wizard
  05/25/18
Politicians are going to be sympathetic to deadbeat ORTHODON...
sapphire temple
  05/25/18
probably not. And yet, his life is infinitely better than yo...
Garnet sweet tailpipe
  05/25/18
Huh. That is the current law and talk about changing it has ...
Light Locale Gay Wizard
  05/25/18
The tax bomb being forgiven is current law?
sapphire temple
  05/25/18
Nope
Garnet sweet tailpipe
  05/25/18
Inertia is powerful.
sapphire temple
  05/25/18
I'm sure he can find a way to make himself insolvent for dis...
cerise institution
  05/26/18
xo meru
tripping vigorous macaca
  05/26/18
“These are choices. We’re not coercing,” said Avishai Sadan,...
tripping vigorous macaca
  05/26/18
Channeling TRUMP.
sapphire temple
  05/26/18
...
tripping vigorous macaca
  08/14/18


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Reply Favorite

Date: May 25th, 2018 9:33 AM
Author: sapphire temple

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: Milky toilet seat



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



Reply Favorite

Date: May 25th, 2018 9:35 AM
Author: Charcoal laughsome plaza windowlicker

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: Wine rambunctious associate rehab



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



Reply Favorite

Date: May 25th, 2018 9:49 AM
Author: buff market mexican

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: Garnet sweet tailpipe

Fuck

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



Reply Favorite

Date: May 25th, 2018 9:57 AM
Author: Garnet sweet tailpipe

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: flirting heady home



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



Reply Favorite

Date: May 25th, 2018 10:35 AM
Author: Garnet sweet tailpipe

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: Provocative mahogany box office

"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: Garnet sweet tailpipe

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: sapphire temple

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: Garnet sweet tailpipe

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: Adventurous overrated stock car

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 Locale Gay Wizard

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: sapphire temple

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: Garnet sweet tailpipe

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 Locale Gay Wizard

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: sapphire temple

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: Garnet sweet tailpipe

Nope

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



Reply Favorite

Date: May 25th, 2018 4:59 PM
Author: sapphire temple

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: cerise institution

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: tripping vigorous macaca

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: tripping vigorous macaca

“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: sapphire temple

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: tripping vigorous macaca



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