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Ask since I've looked at this model before and while I'm not able to find it, I recall court cases that ruled against this type of finical agreement.
Brilliant, I've long thought that all universities should run under this model (although when applied to the humanities I can hear in my head the 3000 years of the land owning, non-laboring intelligentsia protesting about the noble virtues of an education uncorrupted by the banalities of productive yada yada...) But anyway back to CS. 1) Risk is pooled in the institution rather than distributed amongst the students,…
Surely this is a typo, you mean voluntary servitude? But even so, if 17% can be considered servitude, then income tax would be involuntary servitude.
CC: Treehouse Seems equivalent to their "tech degree" which costs $199/mo
IMO, the cost of living is the core problem with CS education programs like this. It's always been possible to teach yourself to code for free if you have a computer, Internet, and 40 hours a week to spend on practice. But who can afford to do that? What these programs need most of all are cheap dormitories that offer room and board. (Close proximity to students can also help provide one another with a support networ…
That's also true, but it's much more easily for someone to find a place to crash for six months than to come up with $10k out-of-pocket.
Eventually we'll be able to provide a stipend for living expenses and/or dormitory style living as well, but for now it is what it is.
Have you run across any prior business that trade education for a percentage of future income? Ask since I've looked at this model before and while I'm not able to find it, I recall court cases that ruled against this type of finical agreement.
Earlier quoted context omitted.
> How do you know that your graduates are or aren't making more than 50k? Great question. In addition to our income share agreement, each student submits a form to the IRS that will essentially copy us on their taxes. We have annual reconciliation based on those numbers to see if they match a student's self-reported numbers. > You're essentially giving your students a loan and then having them repay it once they star…
If that's a step function, then people would be happy earning $49,999 than $60k (and may even try to negotiate with the employer to reduce the salary)
Earlier quoted context omitted.
> How do you know that your graduates are or aren't making more than 50k? Great question. In addition to our income share agreement, each student submits a form to the IRS that will essentially copy us on their taxes. We have annual reconciliation based on those numbers to see if they match a student's self-reported numbers. > You're essentially giving your students a loan and then having them repay it once they star…
If that's a step function, then people would be happy earning $49,999 than $60k (and may even try to negotiate with the employer to reduce the salary)
Earlier quoted context omitted.
i'm not affiliated, but like this model. > How do you know that your graduates are or aren't making more than 50k? How do you know that you're getting your 17%? you can ask students to fill out and sign, as a condition of admission, forms authorizing the IRS to hand over their tax returns, in advance. it wouldn't be very hard to contract with a law firm to take the results and check to see if they had more than 50k o…
This is essentially the same was what AppAcademy does, though they don't offer this to everyone across the board anymore (some groups have to prepay in full).
Lambda School is six months long, online, and teaches CS fundamentals (computer architecture, operating systems, C++) in addition to full-stack web development and mobile development.
Lambda School also doesn't require a deposit.