We’re going to try another experiment. We’re going to pay 10 people $1,000/month ($7,000 total) to attend Lambda School’s 7 month iOS + CS program. After you graduate you’ll pay 10% of salary for 4 years, only if you’re making $50k+, capped at $40k total.
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You can’t find rent in Denver for much under $1500 then the average car payment is $400 that leaves $600 for electricity, food, gas, insurance. Doesn’t leave much money for skinny, no-foam, caramel macchiatos and avocado toast.

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Can I introduce you to the ideas of roommates, beater cars, bicycles, and public transit?
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I’m married, have a child and a dog that would literally kill someone if he got the chance.
I drive a beater car. It’s a 2007 Audi.
Like I said before, highly doable for a single person. Or a pair of DINK (double income no kids). -
So you’re basically saying it’s impossible to make it on an income of $45k or less (plus/minus $1k for taxes)
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I’m not knocking your program I simply asked if you take the 10% before or after deductions because that makes a bit of a difference. Most new grads of your program would not be able to get remote positions, (generally), so they would have to live near a tech hub.
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Seattle, Denver, San Francisco, New York, etc. are expensive places to live. Meaning that they would most likely be paid more. So a lot of your graduates will most likely cap out at the 40k limit.
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Ya, I just think your “can make it” metric is off. I was making ~$100k in SF two years ago, single earner, wife and two kids. Was saving $2k/month after taxes. Not easy at all. Incredibly difficult. But that’s how finances are for most ppl.
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No way! I don’t believe you. Show us your tax returns.
I get it. My wife and I combined make over 200k but we never had any money. We started looking at where it was going. Stopped a bunch of BS we didn’t need, stopped eating at restaurants, etc. Now we save $4K+ per month. - 2 more replies
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