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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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    1. Austen Allred‏Verified account @AustenAllred Jul 7

      Let’s say a year of college costs $30k for tuition. Let’s also say after year 1 you could make $35k/yr in a very entry level job, and that goes up $15k/yr. The true cost of the final 3 years of your degree is $90k tuition + $150k lost wages + 3 yrs work experience + interest.

      38 replies 71 retweets 250 likes
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      Austen Allred‏Verified account @AustenAllred Jul 7

      I have nothing against college, but man do we need to bring the costs down. Both the cost of tuition and the opportunity cost of what you could be learning on the job if you are in a classroom for a second more than makes sense.

      11:10 AM - 7 Jul 2018
      • 15 Retweets
      • 113 Likes
      • doc Austin M. Craig Pervy Sage Edmund Korley 👨🏾‍💻 David Worth🥊🌹 Adil Majid Drazen Zigic Samyr Qureshi jennaanneolsen
      11 replies 15 retweets 113 likes
        1. Nandan Pandit‏ @npandit Jul 7
          Replying to @AustenAllred

          Am not American, and have never understood the system there. What justifies this cost? Why is college education so expensive? Do the "powers-that-be" not realize that they are pricing their own citizens out of the global employment market?

          0 replies 0 retweets 1 like
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        1. Jowanza Joseph‏ @Jowanza Jul 7
          Replying to @AustenAllred

          Indeed, I saw this article in The Journal that is some more evidence of thishttps://www.wsj.com/articles/big-techs-hot-new-talent-incubator-community-college-1530277200 …

          0 replies 0 retweets 1 like
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        1. Michael Robertson‏ @mp3michael Jul 8
          Replying to @AustenAllred

          You're right and here's an economic analysis over a working lifetime showing college is bad investment for more than half of the students that attend college. http://michaelrobertson.com/archive.php?minute_id=226 …

          0 replies 0 retweets 0 likes
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        1. New conversation
        2. Kevin VanGelder‏ @kevin_vangelder Jul 7
          Replying to @AustenAllred

          Prices are dictated by supply and demand. If you want to lower prices your options are increase supply, decrease demand, or find and support a market disruptor like @LambdaSchool

          1 reply 0 retweets 0 likes
        3. Kevin VanGelder‏ @kevin_vangelder Jul 7
          Replying to @kevin_vangelder @AustenAllred @LambdaSchool

          Hopefully that doesn't come off condescending, didn't mean for it to.

          0 replies 0 retweets 0 likes
        4. End of conversation
        1. M. S. Carr‏ @mscarr16 Jul 7
          Replying to @AustenAllred

          bring cost down? prevent the Feds from backing loans for every 17-18 year old who thinks they......feel.....like....going to collitch.

          0 replies 0 retweets 0 likes
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        1. Carrie NH  🇺🇸‏ @pete03217 Jul 7
          Replying to @AustenAllred

          One thing that would help is if college loans were zero interest. And the cost of books is outrageous. My daughter is in her 3rd year and will be paying back loans until she's in her 40's. She's majoring in education & administration so she's not going to be making big $

          0 replies 0 retweets 0 likes
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        1. Tom Chevalier‏ @tomchevalier Jul 7
          Replying to @AustenAllred

          The Guidance Counsellor model needs a makeover. High school students deserve to understand the costs and payoff of different education & career paths.

          0 replies 0 retweets 0 likes
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        1. Mihaly Slocombe‏ @MihalySlocombe Jul 7
          Replying to @AustenAllred

          Or you could copy countries that offer tax free government loans for university students (Australia) or others that offer it for free (Scandinavia). It is a uniquely American attitude to think that the market needs to fix education not the government.

          0 replies 0 retweets 0 likes
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        1. Phil Wolff 马爱狼  🐺‏ @evanwolf Jul 7
          Replying to @AustenAllred

          An educated population is a public good, better for the country. So I'm all for 1. government paying for public colleges so they're free to students. (K-20) 2. US gov paying off past student loans. Community recovers in ↑ contributions to society, ↑ taxes, ↑ resilience.

          0 replies 0 retweets 0 likes
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        1. Ryan Bennett‏ @rnbennett Jul 7
          Replying to @AustenAllred

          Then on top of it, college runs a lot like healthcare. Charge as much as you can, then treat the customers with little or no attention to positive customer experience.

          0 replies 0 retweets 0 likes
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        1. Reindeer Flotilla  🌀‏ @patq911 Jul 7
          Replying to @AustenAllred

          What do you think of community colleges?

          0 replies 0 retweets 0 likes
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