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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 Oct 16

      Looks like Lambda School will be ready to roll out in the UK and EU on January 1, 2019. And yes, the model will still work. No cost until you’re hired.

      48 replies 68 retweets 493 likes
      Show this thread
    2. Ihar Hrachyshka‏ @ihrachyshka Oct 17
      Replying to @AustenAllred

      So, US citizens in USA and UK/EU citizens in UK/EU will have an option with no upfront payments; but foreigners living in US with visas / green cards in progress are asked to pay 100% upfront. It could at least be e.g. 50%; otherwise no skin in the game, and huge hit on students.

      1 reply 0 retweets 0 likes
    3. Jon Ross‏ @jonnypower236 Oct 17
      Replying to @ihrachyshka @AustenAllred

      The problem with ISAs is that they need access to your income statements. Since US students file taxes every year, then their income is verifiable and Lambda gets paid per the agreement. US permanent residents are also able to get deferred tuition, but that’s the main issue.

      1 reply 0 retweets 0 likes
    4. Ihar Hrachyshka‏ @ihrachyshka Oct 17
      Replying to @jonnypower236 @AustenAllred

      Foreigners in the country pay taxes exactly the same way as everyone else.

      2 replies 0 retweets 1 like
    5. Jon Ross‏ @jonnypower236 Oct 17
      Replying to @ihrachyshka @AustenAllred

      Right, and I didn’t mean to insinuate otherwise. It might depend on Lambda’s ISA provider, Leif, and their eligibility requirements for an ISA. I don’t know why they have such a restriction for US citizenship/permanent residence, but I feel like that would be the main culprit.

      1 reply 0 retweets 0 likes
    6. Ihar Hrachyshka‏ @ihrachyshka Oct 17
      Replying to @jonnypower236 @AustenAllred

      I don't mean to disparage their choice, it's their business. Just puzzled that their supposed advantage - proven skin in the game - flies out the window in this case. I would at least expect some form of installment plan to alleviate financial hit from upfront payment.

      1 reply 0 retweets 0 likes
      Austen Allred‏Verified account @AustenAllred Oct 17
      Replying to @ihrachyshka @jonnypower236

      It’s legality - not our choice

      9:08 PM - 17 Oct 2018
      1 reply 0 retweets 0 likes
        1. New conversation
        2. Austen Allred‏Verified account @AustenAllred Oct 17
          Replying to @AustenAllred @ihrachyshka @jonnypower236

          If you want an installment plan or to pay 50% upfront we can work that out

          1 reply 0 retweets 0 likes
        3. Ihar Hrachyshka‏ @ihrachyshka Oct 17
          Replying to @AustenAllred @jonnypower236

          OK, though my wife gets very different signals from your comms (being told 100% upfront is the only option). I will refer her to this thread; I hope you indeed will be able to work something out. Thanks for reply.

          1 reply 0 retweets 0 likes
        4. Austen Allred‏Verified account @AustenAllred Oct 17
          Replying to @ihrachyshka @jonnypower236

          Your wife is right; I’m sure that’s what she was told, as that’s our policy. I’m trying to figure out how to help out.

          0 replies 0 retweets 2 likes
        5. End of conversation

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