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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 13 Dec 2017

    It’s almost as if there’s a large number of people that literally don’t make enough money to ever pay back their student loanspic.twitter.com/Pyulsyegwm

    8:35 PM - 13 Dec 2017
    • 16 Retweets
    • 48 Likes
    • Heather Kenner Ihar Hrachyshka spooky shahz Victor Montoya Hannah Godofsky 💃🏼 Keith Wasserman Andreas Klinger ✌️ Adam Tenhouse diva ⭐️
    5 replies 16 retweets 48 likes
      1. New conversation
      2. alex n‏ @gigatexal 13 Dec 2017
        Replying to @AustenAllred

        I think the solution is easy just not cheap: make college free via federal funding just keep the testing standards high and provide remedial schools for those that don’t make the mark. Those that the system doesn’t help can be served by private institutions like yours.

        1 reply 0 retweets 1 like
      3. Doug Arcidino‏ @doug_arcidino 13 Dec 2017
        Replying to @gigatexal @AustenAllred

        What you’re proposing then is to make college like public schools? That would too do absolutely nothing to control ridiculous cost growth and, like our current system, do nothing to improve results. Bravo ...👏 👏 👏

        2 replies 0 retweets 1 like
      4. alex n‏ @gigatexal 13 Dec 2017
        Replying to @doug_arcidino @AustenAllred

        It seems to work in other countries. Why are coats rising so much? Maybe we address that. Isn’t it a fact that a more educated populace lifts us all? I’m not saying making tuition free is the only or best solution but it is one.

        2 replies 0 retweets 1 like
      5. Austen Allred‏Verified account @AustenAllred 13 Dec 2017
        Replying to @gigatexal @doug_arcidino

        It’s expensive here because the gov guarantees student loans no matter what so there’s an infinite amount of money flowing into loans regardless of anything. Of course that makes tuition rise.

        2 replies 0 retweets 4 likes
      6. alex n‏ @gigatexal 13 Dec 2017
        Replying to @AustenAllred @doug_arcidino

        It’s an interesting subject to debate but as any complex system there’s a ton of variables so I’m leery of anyone with a silver bullet solution. Perhaps though students getting art history degrees are costing the system more than those who get accounting degrees.

        2 replies 0 retweets 1 like
      7. Doug Arcidino‏ @doug_arcidino 13 Dec 2017
        Replying to @gigatexal @AustenAllred

        Couldn’t agree more. I’m one who is happy to admit I don’t have answers. I chose my career based on what I was good at. I took no traditional path to get where I am and I’ve never taken a loan out for any of my education.

        1 reply 0 retweets 0 likes
      8. 1 more reply
      1. New conversation
      2. Doug Arcidino‏ @doug_arcidino 13 Dec 2017
        Replying to @AustenAllred

        It’s almost as if there are a large number of people that literally borrowed way too much money for degrees that they couldn’t get jobs with.

        1 reply 0 retweets 3 likes
      3. 1 more reply
      1. #SuperElite De Ploribus Unum‏ @Earthkeysan 14 Dec 2017
        Replying to @AustenAllred

        1) Spending $200000 to do a worthless degree does this. 2) College is portrayed as a party life. As such there are significant failure rates in subjects leading to extended stay. 3) Not all degrees are equal: STEM > everything else.

        0 replies 0 retweets 1 like
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      1. Detri McGhee‏ @DetriM Jan 4
        Replying to @AustenAllred

        Some never pay back loans because they won’t deny themselves anything, even if it is to keep their word and repay lenders.

        0 replies 0 retweets 0 likes
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      1. mark cunningham‏ @mhcrecruit 14 Dec 2017
        Replying to @AustenAllred

        Here in Austin, I know some incredibly successful software engineers under 30 years old who are still paying off college loans..#1 reason for their sign-on bonus requests...

        0 replies 0 retweets 0 likes
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