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AustenAllred's profile
Austen Allred
Austen Allred
Austen Allred
Verified account
@AustenAllred

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Austen AllredVerified account

@AustenAllred

CEO @LambdaSchool (YC S17): A CS education that's free until you get a job. I have made remarks that I do not agree with.

San Francisco, CA
lambdaschool.com
Joined December 2010

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    Austen Allred‏Verified account @AustenAllred Jul 6

    I’d bet the average person would be better off with one year of college and three years of unpaid internships than four years of college and four years of student loans

    12:46 PM - 6 Jul 2018
    • 217 Retweets
    • 1,547 Likes
    • Anthony Tumbiolo🌴 Jonathan Zinger Brock Motum Badzlan Bakar dritani 🚀 Rakesh Agrawal Kyle Mathews Sean Huntington Danny Wendt
    72 replies 217 retweets 1,547 likes
      1. Austen Allred‏Verified account @AustenAllred Jul 7

        Of course paid internships would be even better, but even getting paid zero is better than paying huge tuitions if the outcome can be the same

        6 replies 4 retweets 101 likes
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      1. New conversation
      2. Bruce Bartlett‏ @BruceBartlett Jul 6
        Replying to @AustenAllred

        Paid internships. We used to call such people apprentices.

        1 reply 1 retweet 33 likes
      3. Austen Allred‏Verified account @AustenAllred Jul 6
        Replying to @BruceBartlett

        Except apprentices would pay, not be paid

        2 replies 0 retweets 5 likes
      4. Bruce Bartlett‏ @BruceBartlett Jul 6
        Replying to @AustenAllred

        Apprentices are always paid.

        1 reply 0 retweets 10 likes
      5. Austen Allred‏Verified account @AustenAllred Jul 6
        Replying to @BruceBartlett

        Unfortunately that's simply not true

        1 reply 0 retweets 4 likes
      6. Bruce Bartlett‏ @BruceBartlett Jul 6
        Replying to @AustenAllred

        https://www.dol.gov/featured/apprenticeship/find-opportunities …

        1 reply 0 retweets 2 likes
      7. Austen Allred‏Verified account @AustenAllred Jul 6
        Replying to @BruceBartlett

        https://en.wikipedia.org/wiki/Apprenticeship …

        2 replies 0 retweets 6 likes
      8. Andrew Williams‏ @drewswms Jul 7
        Replying to @AustenAllred @BruceBartlett

        What do you trust more, the department of labor or Wikipedia

        1 reply 0 retweets 1 like
      9. Austen Allred‏Verified account @AustenAllred Jul 7
        Replying to @drewswms @BruceBartlett

        They don’t contradict each other

        0 replies 0 retweets 0 likes
      10. End of conversation
      1. New conversation
      2. Josie Breck‏ @J_B_Breck Jul 7
        Replying to @AustenAllred

        Garbage take. Utterly ridiculous hypothetical. Just because overpriced tuition is a problem doesn't mean (THREE YEARS of) unpaid labor would be better. The worker would still need to take out loans just to pay rent. This is some silicon valley vulture nonsense.

        2 replies 0 retweets 8 likes
      3. Austen Allred‏Verified account @AustenAllred Jul 7
        Replying to @J_B_Breck

        No it’s pretty doable, even with a living stipend. You also wouldn’t need three full years.

        2 replies 0 retweets 1 like
      4. Josie Breck‏ @J_B_Breck Jul 7
        Replying to @AustenAllred

        You're speaking in optimistic hypotheticals with no basis in reality. It's only "doable" if the intern can secure an income outside of the internship, which would most likely be loans or a second job. The "average person" doesn't have extra money to cushion years of unpaid labor

        2 replies 0 retweets 2 likes
      5. Austen Allred‏Verified account @AustenAllred Jul 7
        Replying to @J_B_Breck

        I’ve got a company with millions in the bank. That’s the great thing about Silicon Valley, you can just make it happen.

        2 replies 0 retweets 0 likes
      6. Daniel Rogers‏ @thecla923 Jul 7
        Replying to @AustenAllred

        What % of your staff has <1 year of college?

        1 reply 0 retweets 1 like
      7. Austen Allred‏Verified account @AustenAllred Jul 7
        Replying to @thecla923

        50%?

        1 reply 0 retweets 0 likes
      8. Austen Allred‏Verified account @AustenAllred Jul 7
        Replying to @AustenAllred @thecla923

        No it’s less than that, but I would trade college for years of experience for every one of them

        1 reply 0 retweets 2 likes
      9. Daniel Rogers‏ @thecla923 Jul 7
        Replying to @AustenAllred

        So what’s the actual %? And how many of those come from families that come from the left half of the income distribution?

        1 reply 0 retweets 0 likes
      10. 12 more replies
      1. New conversation
      2. J.L.Smith‏ @1600MainStreet Jul 6
        Replying to @AustenAllred

        Average person or average IT person? There's no reason that in the 21st century we should have unpaid internships, it's unrealistic and unsustainable. There is a market for lending money to students of blue collar trades and internships. Better odds than for-profit colleges.

        1 reply 0 retweets 6 likes
      3. Austen Allred‏Verified account @AustenAllred Jul 6
        Replying to @1600MainStreet

        So, to be clear, having a student pay for college is more sustainable than having a student not pay for an internship

        2 replies 0 retweets 16 likes
      4. J.L.Smith‏ @1600MainStreet Jul 6
        Replying to @AustenAllred

        I meant that loans for internships and trade should be available for living expenses for unpaid internships or trade schools bc that's needed. Unpaid internships could be good investments. Actual experience is great. &Micro loans for certification could help for short term needs.

        1 reply 1 retweet 1 like
      5. Austen Allred‏Verified account @AustenAllred Jul 6
        Replying to @1600MainStreet

        Agreed

        0 replies 0 retweets 0 likes
      6. End of conversation

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