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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 May 15

      It's official. I'm putting together a non-profit fund that will fund student living expenses. Students will be expected to pay back into the fund when they're on their feet, and those funds will then be re-loaned to other students for 0 or very low interest. Details soon.

      39 replies 47 retweets 623 likes
      Show this thread
    2. Tareq Ismail‏ @tareqismail May 16
      Replying to @AustenAllred @staringispolite

      I'd be happy to donate if and only if the interest was 0.

      1 reply 0 retweets 1 like
    3. Austen Allred‏Verified account @AustenAllred May 16
      Replying to @tareqismail @staringispolite

      It will need to keep up with inflation, but that’s all. Call it 2-ish percent. Otherwise the fund evaporates.

      2 replies 0 retweets 1 like
    4. Tareq Ismail‏ @tareqismail May 16
      Replying to @AustenAllred @staringispolite

      I am well aware of how inflation works and how interest is positioned as necessary and the "logicial" thing to do. There are many, however, who reject that idea based on the morality and ethics around interest itself. In particular, many followers of the Abrahamic faiths.

      2 replies 0 retweets 1 like
    5. Jonathan Howard‏ @staringispolite May 16
      Replying to @tareqismail @AustenAllred

      I’m a little stale on my Old Testament but isn’t that about interest paid back to the debt collector bc of various predatory practices back then? (vs money that can never be taken out for profit, only be used to continue giving more low-cost loans?)

      2 replies 0 retweets 0 likes
    6. Tareq Ismail‏ @tareqismail May 16
      Replying to @staringispolite @AustenAllred

      Sorry, not sure. Haven't read the Old Testament. I'm Muslim.

      2 replies 0 retweets 2 likes
      Austen Allred‏Verified account @AustenAllred May 16
      Replying to @tareqismail @staringispolite

      Lol

      5:27 PM - 16 May 2018
      0 replies 0 retweets 0 likes

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