Excited to announce @LambdaSchool’s Experiment4: A woman-only mobile developer house in SF for one year + our Jan Android or iOS course + a refurbished Mac to keep! Pay zero until you’re earning $50k+, then 3-year 17% income share agreement with $40K repayment cap. Please RT.
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Seems like a great concept, but paying back 17% on a 50k salary is going to be rough in the Bay Area. After taxes that doesn’t leave a whole lot for food/rent...
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Replying to @0x21376B00 @KarenDZachary and
$50k is a salary that happens in rural areas, not in the Bay Area
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Replying to @AustenAllred @0x21376B00 and
Do you have a different “minimum” set for Bay Area positions?
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Replying to @sehurlburt @0x21376B00 and
Unfortunately there’s not a legal framework that currently allows us to do that. Working on it now (and spending a fortune). Legally defining cost of living areas isn’t trivial.
7:01 AM - 28 Aug 2018
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