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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: Burgundy Dead Area https://twitter.com/JoshZumbrun/status/1000005527848542210 Somebody please think of poor orthodontists! |
Date: May 25th, 2018 9:34 AM Author: at-the-ready plaza (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: infuriating trailer park 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) |
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Date: May 25th, 2018 9:37 AM Author: Jade Dingle Berry (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: magical trust fund 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: free-loading hot shrine 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: free-loading hot shrine 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: white death wish mad-dog skullcap (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: free-loading hot shrine 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: Electric antidepressant drug university "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: free-loading hot shrine 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: Burgundy Dead Area 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: free-loading hot shrine 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: abusive milk 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: high-end bawdyhouse toaster 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: Burgundy Dead Area 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: free-loading hot shrine 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: high-end bawdyhouse toaster 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: Burgundy Dead Area 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: free-loading hot shrine 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: Burgundy Dead Area 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: Brass sticky kitty cat 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: Silver crusty tanning salon fanboi 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: Silver crusty tanning salon fanboi “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: Burgundy Dead Area 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: Silver crusty tanning salon fanboi (http://www.autoadmit.com/thread.php?thread_id=3986223&forum_id=2#36614005) |