Lambda School student today: “I know how much you’ve invested in and believed in me, and I want you to know that I’m going to try like hell to get a job where I pay back the FULL CAP on the income share agreement. Then I’m gonna keep that job and make that money forever.”
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Replying to @AustenAllred
Coming from a place similar to where I model this student as coming from and having ended up somewhere else, it's an interesting educational challenge to a) support that desire and b) help them improve their model of norms regarding career development in their new peer group.
1 reply 0 retweets 9 likes -
Replying to @patio11 @AustenAllred
I remember an on-paper financial planning exercise I did in college where I had accurate data with respect to early-career offers (sourced from our department), probably did all the math right, and came to disastrously wrong conclusions because of embedded assumptions re: career.
1 reply 1 retweet 4 likes -
Replying to @patio11 @AustenAllred
(Chief among them: "Engineers are like other middle class professionals, right? You start at X, your salary increases smoothly, and you under no circumstances change jobs, experience a discontinuity, or exceed some notional asymptote that you'll reach 20~25 years in.")
2 replies 1 retweet 4 likes
100%. I think in this scenario it’s a little more simple because you hit the cap at ~$85k, so anything $85k+ (which is great for a junior SWE, depending on location) counts
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