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DevDegree: Work at Shopify and get a free CS degree in parallel

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Re: DevDegree: Work at Shopify and get a free CS degree in parallel

#161

Post by swyx »

faceyspacey wrote: post #18
swyx wrote: post #3

i am wishing i could go back 15 years and do this now. i was dumb enough to go to an ivy league for an unrelated degree, then change careers and go thru a bootcamp, and i'm now still 100's of thousands in debt. if i was growing up today i would absolutely drop everything to do this. kudos to shopify but it really feels a little bittersweet.

Just never pay the debts bro. Forget that shit and let it all go, and start stacking to live a debt free stress free life.

oh hey i recognize your user name :)

Re: DevDegree: Work at Shopify and get a free CS degree in parallel

#163

Post by a_imho »

insertnickname wrote: post #158
a_imho wrote: post #63

Earlier quoted context omitted.

For 40k you can hire senior engineers with degrees in Europe.

Europe is a big place. Certainly can't hire a senior engineer with a degree for 40k where I live. Even for a junior it would be low.

Lucky for you living in a high GDP country, in Central and Eastern Europe you certainly can.

Re: DevDegree: Work at Shopify and get a free CS degree in parallel

#164

Post by JDiculous »

rchaud wrote: post #148
JDiculous wrote: post #60

Earlier quoted context omitted.

I made the mistake too, going $128k in debt to pursue a unrelated master's degree at an Ivy only to end up pursuing software engineering. Are your loans from the government? If so, you can likely qualify for the Pay-as-you-earn program where your payments are capped at 10% of your disposable income, and debts are forgiven after 20 years (though you have to pay taxes on the amount forgiven I believe). Of course it sti…

$128k for a master's degree? Surely it had to be an MBA or a business school degree (MFin etc) of some sort? Most other Master's programs are research-oriented and paid for with grants, stipends and TA work.

It was expensive because it was at an Ivy League school. Most masters students at Ivy League schools do not receive any form of financial aid. It's basically a money printing machine for the university, and I fell for it.

I could've gotten a M.S. for free at my state university, but I wanted the prestige. Dumbest decision ever.

Re: DevDegree: Work at Shopify and get a free CS degree in parallel

#165

Post by JDiculous »

jaxn wrote: post #87
JDiculous wrote: post #58

Earlier quoted context omitted.

I'd be that most Ivy League students have parents making more than $130-150k combined, probably substantially more. That's only a middle class income, and at least anecdotally most Ivy League students I know tend to come from upper class families. Tuition alone is $50k/yr, which would equate to $250k for a 4-year degree not accounting for living costs. Even at 50% off the sticker price, you're looking at over $125k i…

That is twice the average household income in the US. Less than 20% of all households have combined earnings over 130k. You may want to reassess your understanding of middle class.

> Pew Research Center defines middle-class or middle-income households as those with incomes that are two-thirds to double the 2016 U.S. median household income of $57,617. According to this formula, Pew determined that middle-class Americans have incomes ranging from approximately $45,200 to $135,600.

Call it whatever you want, but there's a huge difference between $135k/yr household income split among 3 kids in an expensive metro area where a house in the suburbs costs $600k+, and $300k/yr with 1 kid in a low cost of living area.

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